Tips On Choosing An Economic Damages Expert Testimony

By Daphne Bowen


When going through difficult moments, it is always advisable to seek professional help. For example, during a divorce, business valuation, historic loss of wages or financial analysis, having a quantified report in court could help say things your way. However, when you need economic damages expert testimony, you need to know how to choose the right professional.

Of course, there are quite a number of experts in this industry, but they are all qualified in their own respects. Hence, instead of hiring just the first person that you come across, you need to interview various individuals carefully so that you can choose the best among them. Below are some simple tips to help.

When hiring an expert, first ensure that the individual is experienced in writing this kind of reports. Otherwise, your case might be dismissed simply because of unprofessionalism. Writing a report to be presented before the jury requires experience, articulacy, and coherence. It should be clear enough for a layman to understand. Hence, it should not contain any specialized jargon.

Ask the individual if he/she has experience in giving testimony in court. This is normally the most difficult part of the process. The cross-examination part can break even the strongest individuals. Hence, you need someone with a strong personality and will not crack or give conflicting views that might jeopardize the case.

Remember that it comes down to what you can afford. There are highly specialized forensic investigators who specialize in looking for minute details in cases. These may be more expensive compared to an ordinary financial analyst who depends on theory and experience to give a report. Whichever you choose to go with, ensure that you can afford the services.

Choose a reputed expert. The cross-examination normally involves a thorough background check on the expert, and if the defense finds anything they can use against the expert, everything might suddenly come crashing down. Hence, ensure that the professional has a clean history.

The professional should have a solid argument that is in line with his/her principles. This is because an analysis will be done to determine the opinion that individual has always held regarding the matter. If there are contradictions, then that report may be dismissed.

Ask the professional about his/her ability to carry out comprehensive evaluations. It is only after a thorough evaluation is done that a proper report can be written. This may require a lot of time depending upon the nature of the case and the length of time it needs to ascertain an economic damage.

Ask if they perform forensic analysis and other related services. The appraisal of the damages should be comprehensive. It should include the current state of affairs and future forecasts.

Remember that the work of a witness is not to convince the jury, but rather to offer a professional opinion on a matter of controversy. Hence, do not push your expert. Hire someone who supports your view, but let him/her do her job professionally.




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