We’ll help you retain an industry-leading Economic Damages expert
Average Economic Damages Expert Witnesses Court Fees
Review Fee
Deposition Fee
Court Fee
This expert focuses on accounting, forensic accounting, financial analysis, financial forensics, economic damages, business valuation and investigations. He has experience in lost profits/earnings, business interruption claims, analysis of financial transactions and balances, Court-ordered accounting, bankruptcy, fraud examinations, investigations and the reconstruction of incomplete, misstated and/or falsified financial information. This expert provides consulting and litigation support services to trial lawyers, trustees, examiners, receivers, business owners and managers and units of federal, state and local government. Many engagements combine financial analysis, economic damages determination, valuation issues, tracing procedures and/or other applications of financial forensics to assist in resolving complex commercial litigation and business disputes. He has more than 35 years of experience in accounting, financial analysis, financial forensics, business economics, fraud examinations and investigations in diverse engagements and numerous industries, including more than 15 years of experience in economic damages and business valuations. He has participated in public hearings and alternative dispute resolutions, submitted expert reports in several jurisdictions and testified in arbitration, regulatory proceedings and State, Federal and Bankruptcy Courts.
Managing Member, A private accounting firm in Midwest
Bachelor of Arts (BA), Witwatersrand University
Chicago,
Illinois
This highly qualified expert has provided valuation and corporate finance consulting services since 1987. He is a Chartered Financial Analyst (CFA) and he is a member of several prestigious associations including the Healthcare Financial Management Association and the American Society of Appraisers. He previously worked as the Senior Managing Director of American Appraisal Associates Inc where he was the Chair of Healthcare Industry Practice. Currently, this expert works as Managing Director in a global consulting firm in Illinois. He specializes in the valuation of a wide variety of businesses and business interests, fairness and solvency opinions, consulting with corporations with respect to corporate finance issues, and estimating economic damages. He has provided opinions of value, fairness, and solvency for many purposes such as acquisitions, divestitures, business and strategic plan reviews, business unit performance measurement, SEC filings, US GAAP and other financial reporting requirements, US federal, state, and non-US tax reporting requirements, regulatory compliance, various dispute resolution and litigation procedures and general advisory purposes. This expert has worked with clients across a wide variety of industries such as business and consumer services, construction, engineering and real estate development, construction materials, banking, financial institutions and insurance, healthcare services and managed care.
Managing Director, A Valuation Services Firm
Master of Business Administration (MBA), DePaul University
Chicago,
Illinois
This expert earned his BS in Economics from the University of Pennsylvania and is certified as a Public Accountant, Fraud Examiner, Valuation Analyst, and as an Associate in Insurance Accounting and Finance. He is also active in his field as a member of the Ohio Society of Certified Public Accountants, the Association of Certified Fraud Examiners, and the National Association of Certified Valuation Analysts. In addition, he has held a number of positions as an Accountant and Chief Financial Officer at several companies. Currently, he is the owner of an advanced accounting services firm focused on serving the smaller businesses.
Owner, An advanced accounting services firm in OH
Bachelor of Science (BS), University of Pennsylvania
Cleveland,
Ohio
Find Economic Damages Expert Witnesses In:
What Can an Economic Damages Expert Witness Opine On?
Loss of Earnings Assessment
Calculating potential income loss due to damages.
Business Valuation
Determining the worth of a business.
Future Earnings Projection
Estimating future income based on current data.
Cost of Replacement Analysis
Evaluating costs to replace damaged assets.
Life Care Planning
Calculating future care costs for injuries.
Economic Impact Analysis
Assessing broader financial effects of an event.
FAQs for Economic Damages Expert Witnesses
What is a economic damages expert witness?
An economic damages expert witness is a financial professional who quantifies monetary loss in legal cases. They assist by reviewing records, calculating damages, testifying, and clarifying complex financial issues.
In what case types can an economic damages expert witness provide valuable assistance?
An economic damages expert witness adds value in personal injury, wrongful death, employment, commercial litigation, business valuation, IP infringement, and contract dispute cases.
How should I evaluate an economic damages expert witness’s credentials and training?
Evaluate an economic damages expert witness’s credentials by reviewing their economics education, professional certifications, case experience, publications, and prior testimony.
How does an economic damages expert witness calculate lost business profits?
An economic damages expert witness calculates lost business profits by comparing projected earnings to actual results, adjusting for market conditions, expenses, and mitigation efforts.
What methodologies does an economic damages expert witness use to quantify future losses?
An economic damages expert witness quantifies future losses using discounted cash flow, earnings projections, life expectancy, and industry data to calculate present value.
What is Expert Institute’s process for selecting economic damages expert witnesses?
Expert Institute delivers a tailored approach to connect you with top-tier experts. We identify actively practicing professionals who meet your exact criteria for specialty, experience, litigation background, fee structure, credentials, location, and more.