How to Build a Winning Strategy on a Difficult Financial Case

If a financial institution picks you to represent them in an important case, they clearly did so because you have a reputation for knowing your stuff. But let’s face it: you went to law school, not business school, and there’s a whole world of laws, personalities, and jargon that are specific to the financial industry that you likely aren’t familiar with. 

In this situation, the best thing to do would be to retain a finance industry specialist to offer you help during this difficult case.

A Specialist Will Help You See the Big Picture

Finance law can be a big tangled mess of complexities and convolutions. In the midst of all this, you need to answer the key question: what’s my strategy, here? 

A litigation support specialist will help you reduce the massively complicated legal issues down to a few key points from which you can build your overall strategy. If you have a specialist with big-time industry experience, that will be even better. They will be able to give you greater insight into how the industry runs behind the scenes, so you’ll be able to construct a more believable series of events for your case narrative.

Expert Testimony Will Boost Your Case

If you think finance law is complicated for you, imagine what it’s like for the jury. The last thing you want to do is to bore jurors with nonsensical finance talk. This is why you should retain a specialist who can take the stand and help paint a clear picture of the events to the jurors.

Even if the details are complicated, if your witness can simplify the core issues down to a single compelling narrative, it’ll be the umbrella that the rest of the case will live under, and you’ll have a much better shot at lodging that narrative into the jurors’ heads.

When the Expert Needs an Expert: How to Handle a Tough Finance Law Case

As a practicing attorney, you’re probably used to being the resident expert in the room on a number of topics relating to law and society. However, there are times when even the expert needs an expert of their own to help navigate a particularly tough case, and cases involving banking or financial litigation definitely fall under that category. No matter what state you practice in, finance law can be a convoluted mess, and if you don’t have someone to bring in on the stand to help constructive your narrative for the jury, your case could be sunk.

An Expert Witness Can Make or Break Your Case

The world of banking and finance is like an iceberg: what the public and the newspapers see is really only a fraction of what happens behind the scenes. For your case to really paint a coherent picture, you’ll need to retain the expert witness services of someone with intimate knowledge if the inner workings of the financial industry. 

Aim for experience over flashy credentials. After all, it’s one thing to have scored a high-priced MBA from a good school years ago; it’s something else entirely to have actually sat in on the backdoor meetings and know the dealings of the industry from the inside out.

A Good Expert Knows How to Simplify

Here’s an exercise for you: the next time you work a finance case, try to count the number of times a juror starts to nod off during the proceedings. Finance law is incredibly complex, and as you know, jurors can’t digest something too complicated. A good expert witness will be able to take massive chunks of information and condense them down to something simple, elegant, and compelling for the jury to hang onto, exactly what you’ll need to construct a powerful narrative to sway them to your side.