Economic Damages Expert Witnesses in Florida

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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 Florida

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This expert is the head of a successful practice that is experienced in reviewing and testifying in state and federal complex civil litigation. More than 400 engagements and 70 testimonies. Specializations include loss of earnings in tort cases (personal injury, wrongful death, employment disputes) and loss of profits or business value in contract breach and intellectual property commercial cases. Past work done for plaintiff and defense attorneys in similar proportion.

Managing Principal, Consultancy firm

Doctor of Philosophy (PhD), Indiana University

Florida

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Review Fee $150/hr
Deposition Fee $300/hr
Court Fee $300/hr

This expert has 35 years of experience in the field of economics and statistics. He earned his BA from Slippery Rock University and his PhD in economics from Kansas State University. He completed a fellowship in econometrics, energy and regional economics at Northwest College. He is a member of the National Association of Forensic Economics and the National Association of Business Economics. He previously served as an economist in the New Jersey Department of Labor, as an assistant professor of economics at Georgian Court University and as a professor of economics and statistics at Florida Southern College. This expert is currently a professor of economics and statistics at a university in Florida, an affiliated professor of economics at a university in Tennessee and an economist and principal at an economics firm in Florida.

Economist and Principal, An Economics Firm in FL

Doctor of Philosophy (PhD), Kansas State University

Winter Haven,

Florida

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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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