Economic Damages Expert Witnesses in Texas

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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

Review Fee

Deposition Fee

Court Fee

Economic Damages Experts in Texas

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  • Review Fee $465/hr
    Deposition Fee $465/hr
    Court Fee $465/hr

    This expert on Economic Damages has over 35+ years of experience in calculating damages and performing business valuations. He obtained his BA in Economics, his MBA in Accounting and Finance, and his JD from Tulane University. He is a certified CPA, Senior Appraiser, and Business Appraiser and certified in Financial Forensics and Business Valuation. He is a member of the American Institute of Certified Public Accountants.. He has 5 Publications and is currently a Tax and Business Valuation Partner with Moss Adams LLP.

    Shareholder, An accounting service in TX

    Juris Doctor (JD), Tulane School of Law

    Dallas,

    Texas

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  • Review Fee $400/hr
    Deposition Fee $400/hr
    Court Fee $400/hr

    This highly qualified expert has over 25 years of experience in economic damages. He received his BS in petroleum engineering from the University of Oklahoma before earning his MM in managerial economics from Northwestern University. He is a non-attorney member of the State Bar of Texas and a member of the Institute for Transnational Arbitration. He has served as a consultant for Putnam, Hayes, & Bartlett, Arthur Andersen Business Consulting, and LECG. Currently, this expert serves as the managing director of a strategic and financial consulting firm in Texas.

    Managing Director, A strategic and financial consulting firm in TX

    Master of Management (MM), Northwestern University

    Spring,

    Texas

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  • This highly qualified expert has nearly 40 years of experience as a forensic economist. He earned his BA in economics at Washington State University. He is very active in his field as a member of several professional societies including the National Association of Forensic Economics, the American Economic Association, American Academy of Physicians Life Care Planners, and the American Rehabilitation Economics Association. He has held multiple roles throughout his career including economist for the Federal Trade Commission and Consumer Protection Agency, a forensic economist at Grant Thornton, LLP, an in-house consultant at Bickel & Brewer, and senior economist at the Center for Forensic Economic Studies. This expert is currently a senior consulting economist at a damages and business valuation consulting firm, an associate consulting economist at a life care planning consulting firm, and the president and senior economist at a forensic economic consulting firm.

    Senior Consulting Economist, A Damages and Business Valuation Consulting Firm

    Bachelor of Arts (BA), Washington State University

    Texas

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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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