Wednesday, 9 March 2016

Guidelines 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.

Exercising diligence before embarking on the recruitment process is recommendable. A rigorous selection process is the only means of landing experience and skilled expert. Most times hiring a group other than individual is important. However, this will depend on the financial ability and the insurer budget. The group must be dedicated to participate in case preparation to the end. It must utilize collective participation other than relying on the effort of few individuals. The group must conduct intensive research, and present an organized and comprehensive report.

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.

Due diligence should be practiced on individual nominees; this can lead you to skilled and talented specialist. Compiling a list of potential nominee is an easy task. The closest source of info is the friends, relatives, and neighbors who have previous history of dealing with an economic specialist. Experienced professional either retired or employed by insurance company. The Internet is a resourceful tool that can be used to identify exemplary professionals available within the locality.

Narrowing the list is the trick of remaining with the best candidate. Conducting interviews and strictly retaining the number of nominees handled per session to three is a good move. This enables the interviewer to remain in control of the session. The interview provides an important opportunity of evaluating communication and self-expression abilities. The case preparation team requires an individual who will fit in comfortably. The ability to connect with other participants can also be evaluated.

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.

The court proceeding and language used should be clear to the economic professional. Defense terms and conditions must be present. Strong record of testifying for both defendant and complainant is advisable. The board must certify the economic expert.

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.




About the Author:



No comments:

Post a Comment