Economics Expert Witnesses
What is an economics expert witness?
Economics expert witness candidates typically have experience in forensic accounting, economic damages, business valuation, tax law, financial services, and/or are a certified public accountant (CPA) or certified fraud examiner. An economics expert witness must not only have the appropriate substantive expertise, but should also possess the ability to explain complex financial issues and evidence to a judge and jury. The chosen expert could be a member of an industry organization such as the National Bureau of Economic Research (NBER), the American Economic Association (AEA), or the National Association of Forensic Accountants (NAFA).
What types of cases require an economics expert witness?
Microeconomics analyzes basic elements in the economy (such as households, firms, buyers, and sellers), while macroeconomics studies the economy as a system (such as employment, capital, land, inflation, and economic growth). Forensic economics applies economic theories and methods to pecuniary damages matters. A forensic economist can be engaged to support financial matters including personal and commercial litigation economic damage calculations, fraud, economic loss due to personal injury, antitrust disputes, and other business, property, and asset valuation.
Economics expert witness case examples
Representing the plaintiff or defendant, Cahn Litigation Services is frequently called upon by leading law firm clients to locate expert witnesses for a wide range of financial litigation matters. The firm has performed numerous searches for an economics expert for a wide range of matters including:
- labor economics,
- commercial litigation,
- applied economics,
- U.S. labor market,
- Los Angeles real estate valuation
- punitive damages calculations,
- wrongful termination in Illinois,
- business interruption damages assessment,
- economic issues related to life care planning,
- contract disputes, and
- personal injury cases.
What litigation support work might an economics expert witness be expected to perform?
Litigation support by an economics expert witness could include document analyses, research and authoring expert reports, providing expert opinions, deposition, trial preparation, and expert testimony in court. In addition, the lead attorney may request an economics expert for pre-litigation consulting work. In a high-profile case, or litigation involving a significant financial stake, a law firm may require an economist or damages expert with prior expert testimony experience.
Cahn Litigation Services has the experience required to turn a search for an economics expert witness around quickly, providing the right balance of expertise and testimony experience.
Economics Expert Witness - Representative Bios
Please Note: All Cahn Litigation expert witness searches are customized to attorneys' precise specifications and preferences. Attorneys are encouraged to discuss search parameters with a Cahn search specialist.
The below expert witness bios represent a small fraction of those Economics experts known by Cahn Litigation Services. These bios are provided to give lawyers a sense of the Economics landscape.