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Practice Tip: The Earning Capacity of Business Owners

The owner of a business can claim as lost earning capacity in a personal-injury action only the working time lost due to injuries and harm to future earning capacity, not the business' alleged profits in perpetuity.

14 minute read October 29, 2007 at 03:04 PM
By
Chad L. Staller
Practice Tip: The Earning Capacity of Business Owners

The Small Business Administration reports that in 2005 more than 26 million small businesses were operating in the United States. Chances are that sooner or later any attorney practicing in the personal-injury arena will encounter a matter involving a small business proprietor or co-owner of a business.

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