Economic Damages Expert Witnesses in New York

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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 New York

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Review Fee $600/hr

This highly qualified expert has over 45 years of experience in the field of economics. He earned his BA in economics from the State University of New York at Oneonta, and his MA and PhD in economics and finance from the University of Pennsylvania. He is active in his field through his memberships in the American Economic Association, Financial Management Association, and American Statistical Association. Additionally, he has published extensively in his field. He has formerly held high ranking positions such as the chief economist and vice president of finance at the John Hancock Mutual Life Insurance Company, the managing director of financial and economic research at IBM World Trade Corporation and the chairman of Pace University's finance department. He currently works as a consulting economist for a New York based consulting company.

Economist, A NY consulting company

Doctor of Philosophy (PhD), University of Pennsylvania

Scarsdale,

New York

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Review Fee $400/hr
Deposition Fee $400/hr
Court Fee $500/hr

This expert has over 40 years of experience in marketing across various industries, with experience in financial services, economic damages, restructuring, bankruptcy, and fiduciary duties. He earned his BS in business administration and management from Indiana University. He has worked as a business consultant since 1990 focused on sales, marketing, and project management. He has developed numerous marketing campaigns, as well as consulted with business clients in developing marketing strategies. He has held executive positions with companies in industries ranging from energy to pharmaceuticals and currently serves as the president of two consulting firms with a focus on business consulting and litigation support.

President, A litigation support consulting firm in NY

Bachelor of Science (BS), Indiana University

New York,

New York

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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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