Forensic Economics Expert Witnesses in New Jersey
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Forensic Economics & Lost Wages Expert Witness
New Jersey
This expert has over a decade of foresnic accounting and economic damage experience. Prior to founding his economic damage advisory consultancy, this expert worked as a senior associate for close to 10 years at a top consulting firm that specialized in forensic and investigative accounting. His practice focuses on quantifiable economic damages arising from medical malpractice, slip-and-fall, MVA,...
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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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