Experience Makes for Ideal Expert Witness

If you have ever watched a courtroom drama in your life, you have heard the term expert witness. They are the professional that comes in and offers the technical testimony needed to better explain and clarify the details of a case. 

Expert witnesses are considered experts for more than one reason. They are always recognized experts in their field of practice, be that banking, psychology or forensics, etc. They will have a lot of experience in their field and will be noted and credentialed in the specific area that your case is addressing. 

An expert witness will also have testified in similar cases before, which combined with their knowledge of the topic, will enable them to present the facts of the case in a clear and concise manner that will help the jury and court understand what is going on. They know how to get around or explain complex jargon and get their point across. This is especially important in cases involving complex banking rules and regulations. In these instances, you’ll want a financial expert witness with experience in both the industry and in the courtroom.

Expert witness testimony is truly invaluable to a trial in ways that other methods simply can’t match. Contact Michael F. Richards when looking for a banking or financial expert witness. He boasts more than 34 years of banking experience, plus has been retained on over 100 banking cases for both plaintiffs and defendants.

Retain Your Expert Witness Early

When you have a banking case coming up, you should know that it’s very important to have an expert witness. The best rule of thumb to remember is to retain them early, and retain them often. 

During early involvement your expert witness can take the time to review the numerous regulations, polices, and procedures involved with your case. The experts you retain early can also assist you in analyzing your case and devising a focused, specific discovery plan. 

While reviewing pertinent documents early on, they may discover that not all of the necessary documents have been put together for the case. By having extra time, your team has the ability to dig up the documents and properly prepare everything for the case. Experts can also assist you in preparing for mediation and reaching an early resolution. Your expert will also be more prepared for deposition and trial when he or she has had more time than just have a few days to prepare.

Know that if you're hesitant to get an expert witness involved too soon because you're hopeful the case will settle out of court, do not!

Don't face a banking lawsuit unprepared without professional expert witness services. Whether you have just found out about your next case or are looking for a dedicated expert witness who will get the job done, Michael F. Richards is ready to help you. You can contact him at (406) 581-8797 or by email at mike@mrchardsconsulting.com today to find out more information about his experience and services.