Damages Expert Witnesses in Illinois

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Damages expert witnesses practice in a variety of fields, including personal injury law, business litigation, employment disputes, intellectual property cases, and medical malpractice. Some of the most common specialties among damages expert witnesses include economic damages, lost profits, wrongful death damages, property damage valuation, and punitive damages. They can opine on the effects of negligence, breach of contract, workplace accidents, patent infringement, and medical errors.

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Average Damages Expert Witnesses Court Fees

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Damages Experts in Illinois

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

This expert has over 25 years of experience in forensic accounting, focusing on the measurement of economic damages and litigation support. He received a BS in Business Administration and Accounting at Roosevelt University and is an active, certified Public Accountant, Global Management Accountant, Financial Forensic Specialist, and Fraud Examiner. This expert has experience across numerous industries including agriculture, construction, manufacturing, and healthcare. He has participated in numerous seminars involving the measurement of economic damages to the legal profession, insurance industry personnel, and the private sector. He has utilized his expertise in numerous legal proceeding including a matter in which he was hired to quantify damages in a product liability matter involving agricultural growing materials purchased by a cooperative of farmers. Such experience has made him proficient in the commercial agricultural operations, agricultural cooperatives, and other farm services. He is currently a Partner at an international forensic accounting firm.

Partner, An International Forensic Accounting Firm in IL

Bachelor of Science (BS), Roosevelt University

Chicago,

Illinois

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FAQs for Damages Expert Witnesses

What is a damages expert witness?

A damages expert witness is a professional who provides specialized knowledge and insight on the financial impact of a legal dispute, including lost profits, business valuation, or personal injury costs.

What types of cases can a damages expert witness assist with?

Damages experts can assist with a wide range of cases such as personal injury, wrongful death, employment disputes, business litigation, intellectual property disputes, and more.

How can a damages expert witness contribute to my case?

A damages expert can provide detailed analysis and credible testimony on the financial implications of your case, helping to establish the monetary value of losses or gains.

Are there subspecialties within the field of damages expert witnesses?

Yes, some damages experts specialize in specific areas like economic damages, forensic accounting, business valuation, or healthcare economics.

Why is it important to hire a damages expert witness with experience in my specific type of case?

An experienced damages expert will have deep understanding of the nuances related to your case type. This expertise can significantly enhance the credibility and impact of their testimony.

How does Expert Institute select its Damages expert witnesses?

Expert Institute offers a personalized approach to help you find the highest quality experts. We source actively-practicing professionals who match all your requirements for specialty areas, work experience, litigation history, fee range, certifications, location, and more.

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