Tips On Economic Damages Expert Testimony

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Title: Tips On Economic Damages Expert Testimony
link : Tips On Economic Damages Expert Testimony


Tips On Economic Damages Expert Testimony

By Carolyn Morris


The expert testimony is an important report that assists the attorney to win cases in a court of law. Once an incident that is clearly indicated in the insurance policy occurs, the insurance agent carries out an investigate to confirm the credibility of claim. Sometimes they may notice issues that are not clear, and force the insurer to present a case in the court of law. There is need to seek the attention of an economic damages expert testimony at an early stage. Hiring a professional witness at the final stages of the case is a blunder.

The quality of a testimony is directly proportional to the strength of the case. Rush decision-making always lead to hiring an economic expert who is not dedicated to his or her work. An intensive recruitment process is a trick that has passed the test of time. There is need to hire a group to conduct research and testify during the hearing of case. The group is cost effective, and mostly handles the case to the end. Ensuring the group does not rely on a specific full-time professional is recommendable.

The nature of cases to be handled determines the type of economic professional hired. The experts can range from forensic, economic, and litigation. There academic credential should be excellent. Requesting for a copy of their certificates is recommended. They must possess either commerce or business related degree from a registered business school. Sometimes visiting the training institute, and confirming the validity of certificates is recommendable. An individual becomes an expert once he or she has excellent in other fields a part from the areas of his or her specialization.

Performing due diligence on each candidate always leads to a talented professional. The trick is to prepare a list of specialists present within your locality. Excellent recommendations can be sourced from relatives, neighbors and friends, who might enjoyed services of an economic professional. Retired individual or individual working for insurance companies can provide exemplary referrals. Researching from the Internet is also another technique.

There are various means of narrowing the list, but the most effective is conducting face-to-face interviews. The maximum number of candidates that can be handled per session without struggling is three. The expert introduced to an ongoing team must have an ability to mix freely. Mastery of language and eloquence are some factors that assist the specialist to establish connection with colleagues and client.

The case preparation team will always require presence of a knowledgeable and experienced individual. He or she should have mastery of litigation environment and case research process. Testify alone is not enough, the professional must pursue other activities related to economic field. An individual who specializes in witnessing alone may not be impactful to the case progress.

Understanding the court demeanor and objectivity is vital. The specialist must understand the defense terms and court proceeding. The specialist should be diverse, and testify for both the complainant and defendant. A relevant board must certify the professional. This serves as a proof of knowledge of all the litigation principles.

The right attitude towards work and achievement should be considered. The candidate must clearly state to the client his or her achievement. Awards, colleague rating, and acknowledgement are some indicators of excellence.




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