Benefits of Using a Financial Expert Witness

In today’s legal world, lawyers need a variety of resources to bolster their case. Their cases may become complicated and highly technical, and the density of the subject matter may prove to be too difficult for jury members to understand, or lawyers may find that by having someone who knows the details of a particular industry may be able to help prove their arguments. Whatever the case may be, most court cases need an extra level of expertise to help make sense of the subject matter. In these situations, having a financial expert witness can be the most valuable thing on your side.

Most lawyers do not want to drag a court case on indefinitely. This is where an expert witness can help. Expert witnesses can explain complex ideas clearly and in a way that helps jurors understand the facts. This specificity often causes the other side to choose to settle the case. When the insight and knowledge of someone in the financial field is exactly what is needed to help the jurors understand your client’s point of view, the only way to achieve this is with an expert witness. The best part of expert witnesses is that they can be used by either side of the case. It doesn’t matter if you are a defense attorney or prosecuting attorney – having a sound, professional financial expert witness on your side will help prove your case and win for your client.

Meet Expert Witness Michael F. Richards

When choosing an expert witness to add credibility, experience, and knowledge to your trial, it is important to take into account the witness’s professional background and expertise. Choosing the right expert witness can bolster your case, adding layers of pertinent information and facts that will work for your benefit. Choosing the wrong expert witness could mean damage to your case, resulting in an unfortunate loss for your client. When it comes to cases involving any aspect of banking or finance, Mr. Michael F. Richards has both real-world experience and academic knowledge that will provide insight and credence to your case.

Richards began his banking career in 1975 and quickly rose through the ranks to become Branch Manager at Crocker Bank in Marysville, California. After moving to Montana in 1984, Richards expanded his horizons by serving as Vice President Commercial Loan Officer for First Bank. By 1989, he was named Organizer and President of Big Sky Western Bank in Montana, and helped Mountain West Banker and Heritage Bank establish new banks throughout Montana.

2009 saw the beginning of Richards’s career as an expert witness and consultant. Since then, he has offered his expertise to over 60 cases in 22 different states. He boasts intensive knowledge of and experience in writing expert witness reports, and has been retained in cases involving the Federal Deposit Insurance Corporation and the United States of America.