In employment discrimination cases, perhaps the most obvious form of damages is lost pay if the employee is forced to leave the company. But an equally, and in some cases more impactful, remedy is ...

The golden standard for the measure of damages in a construction case alleging defective or incomplete work are the actual costs of completion or repair. That is to say, if there is a breach (or ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The tax rules for how legal settlements are taxed are complicated ...

Understanding the tax implications and treatment of litigation damages, settlements and awards is critical for both plaintiffs and defendants. The basic principle is straightforward: damages received ...

IN LITIGATION INVOLVING FUTURE ECONOMIC damages, experts’ calculations must discount the amounts to present value. The courts have offered little guidance on appropriate discount rates. BUSINESS ...

From medical expenses and lost wages to pain and suffering, understanding what damages you may recover after a personal injury can help protect your rights. The aftermath of an injury can leave you in ...