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LSDefine

Simple English definitions for legal terms

future earnings

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A quick definition of future earnings:

Future earnings refer to the money a person could have earned if they had not lost their job, suffered a disabling injury, or died. It is often used as a measure of damages in personal injury and wrongful termination cases. Future earnings are a subset of lost earnings, which also includes past lost earnings. It is important to note that future earnings are not the same as income or revenue gained from labor or services, investment of capital, or assets.

A more thorough explanation:

Definition: Future earnings refer to the income that an individual or business is expected to earn in the future. This can include wages, salaries, profits, and other sources of income.

Examples:

  • Lost earnings: This refers to the income that an individual could have earned if they had not lost their job, suffered an injury, or died. For example, if a person is injured in a car accident and can no longer work, they may be awarded lost earnings as damages in a lawsuit.
  • Retained earnings: This refers to the profits that a company has earned but has not distributed to shareholders as dividends. Instead, the company may choose to reinvest these earnings in the business or save them for future use.
  • Future lost earnings: This refers to the income that an individual is expected to earn in the future but will not be able to due to a disability or other circumstances. For example, if a person is permanently disabled in an accident, they may be awarded future lost earnings as damages in a lawsuit.

These examples illustrate how future earnings can be used in legal cases to calculate damages or compensation for lost income. They also show how businesses can use retained earnings to invest in their future growth and success.

future covenant | future estate

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Mostlylegal
11:43
im retiring from lsd yall,
Mostlylegal
11:43
thank you all for the laughs
Mostlylegal
11:44
let this be my formal termination notice
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Mostly where are you going
hey alexa play you'll be black from hamilton
**back
NosyBeagle
12:13
hamilton but he frees the slaves and has to figure out what their racial demographics are for the census
12:17
has anybody compiled the transfer median gpas for law schools anywhere
12:18
instead of having to check each schools 509
12:24
@c0bra1: not that I've seen
12:24
lame
12:24
I think the transfer reddit had a spreadsheet at one point but it's a few years old
@NosyBeagle: I almost fell out of my chair
globalcitizen
13:46
Anyone read annihilation
NosyBeagle
14:40
@windyMagician: I'll be here all week
15:02
yo
15:02
i was training this new girl & she quit on second day
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goin on 6 mo no word from notre dame
whenever someone has the free will to create a protein bar with a texture/appearance unlike an actual log of shit, pls someone send it to me
AngryMiniCar
16:51
any chance I'll improve RC just by hard drilling with no review? I honestly think I just have a reading problem atp
AngryMiniCar
16:51
Not even that I don't know how to answer questions. I think I'm simply not well read
@AngryMiniCar: they say the biggest thing for improving RC over time is just... reading. so yeah! go pick up some books. grab a harder one
@AngryMiniCar: doont worry, 99.9% are uncultured swine
Bettercaulsaul
20:07
The gym is the only reason I’ve been calm waiting for admissions updates
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endorphins go brrrrr
20:55
take so,e
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bruh
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take some tylenol and black pepper before working out to really get that euphoria
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