Key Reasons to Use a Financial Expert Witness

In high-stakes litigation, expert witness testimony is often a necessary and critical part of litigation strategy. Experts can offer testimony to address unique questions or facts that are central to liability issues. 

In cases involving banking, the details often become complicated and highly technical, with the density of the subject matter too difficult for jury members to understand. As such, lawyers often find that by utilizing a litigation support specialist, their extra level of expertise can help make sense of the subject matter. 

Neither the defendant nor the plaintiff’s attorneys 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 quickly and effectively. The expert’s history, experience and in-depth knowledge of the topics allow them to break down the details in layman's terms, not legalese.

Because expert witness testimony can be such an important factor, there can be much at stake for litigators in the process of finding and selecting an expert. When the insight and knowledge of someone in the financial field is exactly what is needed to help the jurors understand the client’s point of view, the best way to achieve this is with an expert witness. Having a sound, professional financial expert witness on your side can help prove your case. 

Call the office of Michael F. Richards today to book your consultation. We can help whether or not your case goes to trial and at virtually any stage of the proceedings.