Forensic Economics Expert Witnesses in New Mexico

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Forensic economics expert witnesses practice in a variety of fields, including commercial litigation, personal injury, employment disputes, and business valuation. Some of the most common specialties include lost profits analysis, loss of earning capacity, wrongful death damages, and pension valuation. They can opine on the effects of economic loss, future damages, discount rates, and financial risk on case value.

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Average Forensic Economics Expert Witnesses Court Fees

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  • Forensic Economics Expert Witness

    Review Fee $200/hr
    Deposition Fee $250/hr
    Court Fee $375/hr

    This expert earned a doctorate in Economics from the University of Arizona. His career in forensic economics, litigation support, economic analysis and consulting spans more than 15 years. In that time, he has produced hundreds of economic reports, has evaluated opposing experts' reports, and has provided expert testimony in both Federal and state courts. This expert also co-authored the book about trucking industry forensic econmics. Additionally, this expert develops econometric models, with applications in business analysis and forecasting and statistical analysis using SAS software.

    Principal and Economist, A Forensic Economic Firm in OR

    Doctor of Philosophy (PhD), University of Arizona

    Bend,

    Arizona

    View profile

What Can a Forensic Economics Expert Witness Opine On?

Damage Assessment

Evaluating financial losses from events.

Economic Valuation

Determining the monetary value of assets.

Income Projections

Forecasting future earnings and revenue.

Market Analysis

Studying market conditions and trends.

Cost-Benefit Analysis

Comparing costs to potential benefits.

Financial Modelling

Creating models for economic scenarios.

FAQs for Forensic Economics Expert Witnesses

What is the role of a forensic economics expert witness?

A forensic economics expert witness analyzes financial data to explain economic damages in legal cases. They assist by reviewing records, calculating losses, testifying, and clarifying complex economic issues.

In what case types can a forensic economics expert witness provide assistance?

A forensic economics expert witness assists in personal injury, wrongful death, medical malpractice, employment, business valuation, commercial damages, and divorce cases.

How does a forensic economics expert witness quantify lost business value?

A forensic economics expert witness quantifies lost business value by analyzing financial records, projecting future earnings, and discounting cash flows to estimate economic damages.

What qualifications should a forensic economics expert witness possess?

A forensic economics expert witness should have an advanced economics degree, specialized forensic training, strong analytical skills, and proven courtroom testimony experience.

How does a forensic economics expert witness approach discount rate selection?

A forensic economics expert witness selects discount rates by analyzing market data, risk, inflation, and case specifics to reflect the present value of future economic losses.

What is Expert Institute’s process for selecting forensic economics 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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