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Average Economic Damages Expert Witnesses Court Fees
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This highly qualified expert has over 45 years of experience in the field of economics. He earned his BA in economics from the State University of New York at Oneonta, and his MA and PhD in economics and finance from the University of Pennsylvania. He is active in his field through his memberships in the American Economic Association, Financial Management Association, and American Statistical Association. Additionally, he has published extensively in his field. He has formerly held high ranking positions such as the chief economist and vice president of finance at the John Hancock Mutual Life Insurance Company, the managing director of financial and economic research at IBM World Trade Corporation and the chairman of Pace University's finance department. He currently works as a consulting economist for a New York based consulting company.
Economist, A NY consulting company
Doctor of Philosophy (PhD), University of Pennsylvania
Scarsdale,
New York
This expert has over 40 years of experience in marketing across various industries, with experience in financial services, economic damages, restructuring, bankruptcy, and fiduciary duties. He earned his BS in business administration and management from Indiana University. He has worked as a business consultant since 1990 focused on sales, marketing, and project management. He has developed numerous marketing campaigns, as well as consulted with business clients in developing marketing strategies. He has held executive positions with companies in industries ranging from energy to pharmaceuticals and currently serves as the president of two consulting firms with a focus on business consulting and litigation support.
President, A litigation support consulting firm in NY
Bachelor of Science (BS), Indiana University
New York,
New York
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.