Strengthen Your Court Case with a Banking Expert Witness
Financial litigation is normally complicated and arduous, which is why it helps to hire a banking expert witness to assist you with some of the more essential aspects of a case. However, it can be difficult to vet the right expert witness for your case.
They Have Diverse Experience
A good expert is one that has the background to convince a jury of their knowledge and experience. Many cases are won or lost on expert testimony, thus you should be seeking a witness with direct exposure to the inner workings of a bank. Hiring a CPA or mortgage lender, for example, could make your case weak and leave a judge or jury unconvinced.
Their Expertise Can Help You Early On
A banking expert witness is best retained after the discovery process. For one, they can determine if your case is even viable, but also help you frame the case. A knowledgeable expert also knows what files to obtain from the bank to support your position and verify which standards or practices have been violated by them.
Include Your Expert Witness
Be sure to include your hired expert witness in depositions, as they will serve as support on the early stages. While opposing council’s arguments may sound reasonable to an untrained ear, the banking expert offers true analysis to the proceedings and could save your client’s time and money. It’s wise on all accounts to maintain strong lines of communication with your expert, after all you want a solid case, and keeping all parties informed means there’s no surprises or missteps.
Time Matters for Your Case
An expert is retained to solidify your position, which involves reviewing intricate documents or even producing a report that will presented during testimony. Giving ample notice on deadlines to your expert allows them a head start on strengthening your case.
Are you ready to give your case a winning chance? Michael F. Richards is a qualified banking expert witness and given expert testimony in 27 states and 79 cases, for both plaintiffs (49 percent) and defendants (51 percent). Contact him now for consultation on your case.