Compensate has been built to reduce manual work, minimise calculation errors, and simplify a process that has traditionally relied on spreadsheets, calculators and actuarial handbooks.
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With Compensate, you can calculate damages with confidence. Built for NSW personal injury lawyers, it automatically applies accepted legal and actuarial principles, including superannuation and past care rates, multipliers and deferrals. This helps to reduce manual errors, rework and reliance on spreadsheets or external calculators.
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Compensate streamlines one of the most time-consuming parts of a personal injury matter by taking you from inputs to a ready-to-use Schedule of Damages in minutes. Particulars of loss entered in the app are automatically exported with the damages claimed into a formatted Word Schedule of Damages, ready to review, edit and finalise.
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Compensate pulls key details directly from the file, including the plaintiff’s date of birth and gender, to calculate their life expectancy and years to the statutory age of retirement. It also uses the incident date to calculate weeks since the incident.
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Compensate applies accepted legal and actuarial principles across the major heads of damage, including:
Past out-of-pocket expenses
Future treatment expenses
Past and future care and assistance
Past and future economic loss
Non-economic loss
Enable Compensate from the LEAP Marketplace
Open a NSW Personal Injury matter and click the Compensate icon in the ribbon
Work through each head of damage in the guided workflow
Generate and save a formatted Word Schedule of Damages to the matter
Describe, itemise and calculate losses under each head of damage in a single structured workflow.
Uses date of birth, gender and date of injury to calculate life expectancy, years to statutory retirement, and weeks since incident.
Split heads of damage into time periods and auto-recalculate as dates, periods or assumptions change.
Applies care and superannuation rates (including non-standard), plus 5% multipliers/deferrals—and converts future treatment frequency to the correct weekly basis for discounting.
Generate a formatted Word Schedule of Damages saved to the matter, ready to review, edit and finalise.
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Designed with simplicity and accuracy in mind, Compensate caters from the simplest, to the most complex of calculations in a personal injury claim.
Book your complimentary Compensate demonstration and see how it supports NSW personal injury lawyers.
Compensate is included with your LEAP subscription and is available for NSW common law personal injury matters. Enable Compensate via the LEAP Marketplace and start preparing Schedules of Damages with greater speed, accuracy and confidence.
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