Economic Damages Expert Witnesses in District of Columbia

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Economic damages expert witnesses practice in a variety of fields, including business litigation, personal injury cases, wrongful death suits, employment disputes, and intellectual property rights. Some of the most common specialties for economic damages expert witnesses include forensic accounting, financial analysis, economic loss calculation, valuation, and market analysis. They can opine on the effects of lost wages, diminished earning capacity, business interruption losses, cost of replacement services, and future medical expenses.

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Average Economic Damages Expert Witnesses Court Fees

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Economic Damages Experts in District of Columbia

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

This highly-qualified expert has over 20 years of experience specializing in economic damages, with a focus on intellectual property, commercial damages, and antitrust. He received his BA in economics from the University of Wisconsin Madison before earning his PhD in industrial organization and international economics from MIT and his JD from the University of Michigan. He is active in his field as a member of several organizations, including the American Economic Association, the American Bar Association, the American Intellectual Property Law Association, and the Licensing Executives Society. He has also authored numerous articles concerning intellectual property damages issues, including multiple articles in leading intellectual property law journals. He has formerly served as an international trade associate attorney for Shearman & Sterling, a strategy specialist for McKinsey & Co., an adjunct professor of economics for the University of Maryland and Georgetown University, and the vice president of Analysis Group Inc. Currently, this expert serves as the senior managing director for an economic consulting firm based in Washington, D.C.

Senior Managing Director, An economic consulting firm in DC

Juris Doctor (JD), University of Michigan

Washington,

District of Columbia

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Review Fee $700/hr
Deposition Fee $700/hr
Court Fee $700/hr

This highly-qualified expert has nearly 30 years of experience in the field of economics, specializing in transfer pricing, damages, valuations, intellectual property, and financial transactions matters. He earned his BA in applied mathematics from Johns Hopkins University and his PhD in applied economics from the Wharton School of the University of Pennsylvania. He is active in his field as a member of the Mathematical Association of America, and he has published extensively and presented nationally. This expert formerly worked as a senior consultant at Deloitte and Touche, a manager at Arthur Anderson, a senior economist at Economic Consulting Services, a senior managing economist at LECG, and a senior vice president at Criterion Finance. He was also involved in the academic sector as a visiting professor at George Washington University, Marymount University, and Johns Hopkins University. This expert founded an economics consulting firm in DC and has served as its president for the past 19 years.

President, An Economics Consulting Firm in DC

Doctor of Philosophy (PhD), University of Pennsylvania

Washington,

District of Columbia

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FAQs for Economic Damages Expert Witnesses

What is the role of an economic damages expert witness?

An economic damages expert witness provides objective analysis and testimony on financial losses or damages in a legal dispute, such as lost profits, diminished business value, or personal injury costs.

In what types of cases can an economic damages expert witness be beneficial?

These experts are crucial in various cases including commercial litigation, personal injury claims, wrongful death suits, employment disputes, and intellectual property infringement cases.

Can an economic damages expert witness handle both individual and corporate cases?

Yes, these experts can analyze and quantify economic loss or damage for both individuals and businesses depending on the case specifics.

Are there subspecialties within the field of economic damages?

Yes, some experts may specialize in areas like forensic accounting, business valuation, labor economics, or health economics, each providing unique insights into specific types of economic damage.

How does an economic damages expert calculate lost earnings in a personal injury case?

They consider factors like the plaintiff's age, occupation, earning history, life expectancy, and the severity of the injury to estimate potential future income loss.

How does Expert Institute select its Economic 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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