Forensic Economics Expert Witnesses in West Virginia

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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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Mr. George Allen Barrett, CRC, CVE, MBA, MSRCView profile

ID: 136686

Mr. George Barrett, CRC, CVE, MBA, MSRC

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West Virginia

Mr. George A. Barrett has 25 years of experience in the field of Forensic Economics. He earned his BA in Economics from West Virginia State University, his MBA with an emphasis in Economics and Finance from Marshall University, and his MSRC from West Virginia University. Today, this expert is a Certified Vocational Evaluator and a Certified Rehabilitation Counselor through the Commission on...

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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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