Forensic Economics Expert Witnesses in Connecticut

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Forensic economics expert witnesses practice in a variety of fields, including personal injury cases, wrongful death suits, employment discrimination claims, business valuation disputes, and commercial damages litigation. Some of the most common forensic economics expert witness specialties also include wage loss analysis, life care plan valuation, economic damage calculations, lost profit assessment, and earning capacity evaluation. They can opine on the effects of economic losses due to personal injuries, the financial impact of wrongful termination, the value of lost business opportunities, the cost of medical care over a lifetime for injured individuals, and the economic implications of discriminatory practices.

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Average Forensic Economics Expert Witnesses Court Fees

Review Fee

Deposition Fee

Court Fee

Forensic Economics Experts in Connecticut

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Review Fee $100/hr
Deposition Fee $150/hr
Court Fee $150/hr

This highly qualified expert earned his BA in Pre-Law, MA in Economics, and his PhD in Economics from Penn State University. In addition, he is active in his field as a member of numerous societies including Eastern Economic Association, New York State Economic Association, Northeast Business and Economics Association. Formerly, he held roles as a Research Analyst at Battelle Pacific NW Nat Lab, Cost Analyst at Naval Air Systems, Assistant Professor in Economics at Heidelberg Command and Virginia Military Institute. Currently, he is a Professor of Economics at an elite University. He also has previous experience in depositions (case before a U.S. Circuit Court).

Professor, A private institution in CT

Doctor of Philosophy (PhD), Penn State University

Southington,

Connecticut

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FAQs for Forensic Economics Expert Witnesses

What is a forensic economics expert witness?

A forensic economics expert witness is a professional who applies economic theories and methods to legal issues, often providing testimony in court cases involving economic damages.

In what types of cases can a forensic economics expert witness be beneficial?

Forensic economics experts are often used in personal injury, wrongful death, employment discrimination, and business loss cases where economic damages need to be calculated.

How does a forensic economics expert calculate economic damages?

They use various methodologies including present value calculations, statistical analysis, and labor market surveys to estimate the financial impact of an event or action.

Are there subspecialties within the field of forensic economics?

Yes, some forensic economists specialize in specific areas such as labor economics, health economics, or industrial organization which may be relevant depending on the case specifics.

Can a forensic economics expert help with patent infringement cases?

Absolutely. They can provide valuable insights into the calculation of reasonable royalties and lost profits due to patent infringement.

How does Expert Institute select its Forensic Economics 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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