ARTICLE
15 October 2013

Actuaries Are From Mars, Judges And juries Are From Venus

RB
Reinhart Boerner Van Deuren s.c.

Contributor

Reinhart Boerner Van Deuren is a full-service, business-oriented law firm with offices in Milwaukee, Madison, Waukesha and Wausau, Wisconsin; Chicago and Rockford, Illinois; Minneapolis, Minnesota; Denver, Colorado; and Phoenix, Arizona. With nearly 200 lawyers, the firm serves clients throughout the United States and internationally with a combination of legal advice, industry understanding and superior client service.
When handling actuarial matters in the courts, a significant aspect of the task involves translation.
United States Accounting and Audit

When handling actuarial matters in the courts, a significant aspect of the task involves translation. The actuarial disciplines often produce work product which is arcane, specialized and far from the experience of judges, arbitrators or jurors. And when such a lay person has to pass a legal judgment on actuarial matters, communicating those concepts clearly is paramount.

A few years ago, I delivered a presentation along with my former partner Sandy Brown titled Actuaries Are From Mars, Judges and Juries Are From Venus. The presentation provided jury research and some tips for the actuary in translating his or her work for the non-actuarial audience in the legal sphere. As we see actuarial work getting discussed broadly in the press in the context of public pension funding issues or the premiums being charged on health insurance exchanges under Obamacare, the points in that presentation are worth reviewing again. I have made it available for download at this link.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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