Forensic Economics Expert Witnesses in Illinois
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Forensic Economics Expert Witness
Illinois
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...
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Forensic Economics Expert Witness FAQs
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.
Forensic economics experts are often used in personal injury, wrongful death, employment discrimination, and business loss cases where economic damages need to be calculated.
They use various methodologies including present value calculations, statistical analysis, and labor market surveys to estimate the financial impact of an event or action.
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.
Absolutely. They can provide valuable insights into the calculation of reasonable royalties and lost profits due to patent infringement.
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