Expert witness services are often needed as a pivotal part of case strategy in high-stakes lawsuits. Expert witness testimony is used to address unique facts or questions pertaining to specific liability issues. When it comes to quantifying damages, expert witnesses are almost always used in court. Using expert witness services can often be the deciding factor of a win or a loss depending on the case at hand. Clients and lawyers alike recognize the importance of knowing when to utilize expert witnesses for litigation support. But when should you use expert witness services?
Determining first and foremost if you need an expert witness for your case is incredibly important. As mentioned previously, the use or failure to use expert witnesses in litigation support can make or break a case. Experts are often needed if the subject matter cannot be easily comprehended by everyone involved; judge, jury, lawyers, & clients. If the central facts or issues of the case are technical and may be outside of the scope of someone not directly involved in the field, it is a good idea to hire an expert witness. For example, if you are dealing with a lawsuit regarding lender liability or other technical banking and financial issues, you will want to find a banking and financial expert witness to help with litigation support for your case.
More often than not, expert witness services play a pivotal part in a more discrete role. This role is building a basis of facts that are necessary for trying or defending a case. This service is needed when critical fact or facts to a liability case are not possible to distinguish with the existing information of the case or without an expert’s interpretation. With this, expert witnesses may need to collect data or conduct surveys to support or deny claims made in a court case. The findings would be presented to the jury to be considered when determining a verdict.
Another important role for expert witness services is that of a damages expert. Extent of damages can often be hard to prove without the use of an expert witness. Experts who have dealt with specific damages time and time again would have better estimations on costs. Many expert witnesses have some sort of economic, financial, banking, accounting or statistical expertise. These are only a few ways to know when you should use expert witnesses. If you need an expert witness for a financial or banking case, Michael F. Richards is a qualified expert witness to offer testimony and litigation support. Contact him about his services today at (406-581-8797).