Economic Damages Expert Witnesses in Missouri

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Economic damages expert witnesses practice in a variety of fields, including personal injury, wrongful death, employment disputes, and commercial litigation. Some of the most common specialties include lost earnings analysis, business valuation, forensic accounting, and loss of household services. They can opine on the effects of economic loss, future income reduction, diminished earning capacity, and financial impact on plaintiffs and businesses.

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Average Economic Damages Expert Witnesses Court Fees

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Deposition Fee

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  • Review Fee $460/hr
    Deposition Fee $460/hr
    Court Fee $460/hr

    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

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  • Review Fee $650/hr
    Deposition Fee $750/hr
    Court Fee $750/hr

    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

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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.

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