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Damages Consultants

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Scott J. Witt, FSA, MAAA
6010 Preston Lane
New Berlin WI 53151
phone: 414-525-8212
fax: 414-433-1864
Witt Actuarial Services, Inc. offers Fee-only Insurance Advisory Services to clients throughout the US including attorneys, financial planners, individuals, banks, business owners, accountants, and trustees of insurance trusts. Witt Actuarial Services offers objective, expert advice on Life Insurance, Annuities, and Actuarial issues.

Principal, Scott J. Witt, FSA, MAAA, has over 18 years of experience as an Actuary in the Insurance Industry. He maintains the highest actuarial designations, FSA (Fellow of the Society of Actuaries) and MAAA (Member of the American Academy of Actuaries). As a fee-only insurance advisor, Mr. Witt receives no commissions or incentives. He receives no form of compensation other than the hourly fees paid by his clients. As an actuary, Mr. Witt is an objective insurance expert and serves in a true fiduciary capacity for his clients, providing independent, unbiased advice, while also typically saving his clients a large multiple of their advisory fees.

Before founding Witt Actuarial Services, Scott was a fee-only insurance and actuarial advisor for the nationally recognized firm of Katt & Company. He started his career at Northwestern Mutual in Milwaukee, Wisconsin, where he worked in various actuarial roles for more than ten years. Areas of expertise and responsibility included life insurance pricing, risk management, valuation, mortality studies, and marketing.

A frequent speaker on the topic of life insurance, Mr. Witt is frequently quoted in local, regional, and national publications, including the Wall Street Journal, Investment News, Investment Advisor, San Francisco Chronicle, InsWeb, Smart Money, Financial Advisor, Dow Jones, Chicago Tribune, and BizTimes, among others.

View Scott Witt's Expert Witness Profile.
4/24/2015 · Insurance
I recently worked with an elderly woman (who I will call Beatrice) to evaluate whether or not the variable annuity she purchased less than a year ago was a good buy.

6/16/2014 · Insurance
When thinking about life insurance, consider three realities:

5/16/2014 · Insurance
Wanting a second opinion from someone that doesn't have an inherent conflict of interest - independence is the single greatest asset that a fee-only insurance advisor brings to the table, and because such an advisor is only compensated directly for the advice given and not based on the decisions the consumer makes, there is not an inherent conflict of interest - those conflicts are evident with anyone that is compensated on anything other than a fee-only basis for the advice given.

4/21/2014 · Insurance
Despite the best efforts of companies and agents throughout the industry, Long-Term Care insurance (LTC) policy sales have yet to blossom as much as the industry had hoped and predicted. As the Baby Boomers continue to move through the "sweet spot" of the target market for LTC, companies will no doubt redouble their efforts in pushing LTC. Two obvious questions arise. First, is LTC right for you or your client, given the particular financial circumstances, family circumstances, and family history? Second, even if it is determined that LTC makes sense, how do you wade through the myriad of companies and policy options that are available and determine the best fit?

3/13/2014 · Insurance
Fee-only insurance advisors serve in a true fiduciary capacity for their clients, providing independent, unbiased advice. These advisors receive no other form of compensation other than the hourly fees paid by their clients. They do not receive compensation from insurance products that their clients may decide to purchase, nor do they receive any financial incentives from steering clients toward a particular agent or company. Other than providing clients with the most knowledgeable and expert advice possible, fee-only advisors have absolutely no vested interest in the insurance decisions their clients make.

2/10/2014 · Insurance
Without an advocate that is looking out for their best interests, life insurance consumers are at the mercy of their life insurance agents and the companies they represent. Even the most well-intentioned agents suffer from an inherent conflict of interest, as agents derive their compensation from the products they sell. A closer look at a number of areas reveals how damaging this can be to life insurance consumers:

1/8/2014 · Insurance
Do you reside in Garrison Keillor's fabled Lake Wobegon? Those who own a cash value life insurance policy probably do - and probably don't even realize it! In Lake Wobegon, "all the women are strong, all the men are good looking, and all the children are above average." And any life insurance policy purchased in Lake Wobegon is no doubt better than average as well!

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Office of Design & Construction
2115 Third Street, Suite 208
Santa Monica CA 90405
phone: 805-798-0010
Jeffrey Phillip Weinstein, AIA, a California licensed Architect and Construction Project Manager since 1982, with a Masters Degree in Real Estate Development from USC, is actively involved with development, design and construction management. Mr. Weinstein provides preconstruction (entitlements, plans, permits) through on-site construction administration services (change order analysis, cost evaluation) on a wide range of building types.

Expertise: Mr. Weinstein has extensive experience in real estate development, acquiring government approvals, entitlements and permits, architect's standard of care, construction management, claims & defects, and A/E/C agreements. His expertise includes scope of services and design fees, zoning and building codes, errors/omissions, construction defects, destructive testing and repairs. Previous positions include Director of Operations, Preconstruction Director, Senior Project Manager, Construction Manager and Administrator for Nadel and Callison Architects, Tishman Construction, Trammel Crow Company, California State University and Goleta Valley Cottage Hospital.

Project Experience: Jeff's project experience includes high-rise residential and mixed-use developments, multi-family residential podium-type apartments and condominiums, retail, big box, neighborhood shopping centers and regional malls, corporate and tenant improvements, hospitality including wineries and breweries, themed resorts and casinos, K-12 and university buildings, hospitals and medical facilities, custom and production homes.

Professional Licenses / Certifications / Affiliations:
  • California Registered Architect, License #12822
  • AIA Certified in Construction Management, Contract Administration and Specifications
  • Member, American Institute of Architects, Urban Land Institute, Construction Specification Institute
  • Member, North Santa Barbara County Board of Architectural Review
Professional Services Include:
  • Architectural, Engineering and Construction (A/E/C) Project Management
  • Owner’s Representative / Real Estate Development / LEED Design-Build
  • Director of Operations and Pre-Construction Services / Construction Administrator
  • Forensic Architect / Construction Expert Witness
View Jeffrey Weinstein's Expert Witness Profile.
9/11/2017 · Construction
ln our current climate of economic prosperity and rising real estate values, the prevalence and usefulness of construction litigation may be on the wane. Much of the litigation and expert opinion in recent years has resulted in unrealistic repair schemes for the sole purpose of producing a settlement among parties to the litigation. When a plaintiff expert recommends a "remove and replace in its entirety"1 scenario (for example, arguing that all exterior stucco must be demolished and reinstalled due to a lack of expansion joints), the defense expert frequently advocates a more modest "fix what's broken" scheme to provide a minimum repair at the lowest cost. This process consumes considerable time and resources, and creates a difficult environment in which to craft a settlement. More often than not, neither party is pleased with the outcome; unreasonable plaintiff positions often result in settlement amounts ranging between 15 to 25 percent of the claim amount.

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James D. Wamble, PE, RLS
40 Middleton Street
Nashville TN 37210
phone: 615-251-9555
fax: 615-251-9034
James D. Wamble, PE, RLS has over 30 years of experience as a Professional Civil Engineer and Registered Land Surveyor. During the course of his career, Mr. Wamble has worked on land planning, land surveying, or civil engineering projects in all counties of the middle and west Tennessee regions, and several counties in east Tennessee.

Selected Recent Projects:
  • Lake Forest Estates – Approximately 5000 residential units and numerous commercial parcels. Largest subdivision in the state. Provided land planning, land surveying, and civil engineering services
  • Reelfoot Lake – Boundary survey of an 18,000-acre public lake to determine the pre-1917 Ordinary Low Water Mark for a Federal lawsuit in Lake County and Obion County, TN. Performed land surveying and expert witness services
  • Tapestry – 393 unit condominium and apartment development with 6,000 sq. ft. of commercial space in a Traditional Design Town Center in Brentwood, Williamson County, TN. Provided land planning, land surveying, and civil engineering services
  • Evans Hill - 340 mixed residential units designed as a Traditional Specific Plan in Hermitage, Davidson County, TN. Provided land planning, land surveying, and civil engineering services
  • Evergreen Hills - 900 mixed residential units designed as a Traditional Specific Plan in the Cane Ridge Community of Nashville, Davidson County, TN. Provided land planning, land surveying, and civil engineering services
Services Include:
  • Civil Engineering
  • Land Use Planning
  • Land Surveying
  • Retail, Res., Industrial, Comm. Site Design
  • Construction, Grading, Drainage Plans
  • Roadway, Detention, Basin Design
  • Erosion Control
  • Water Quality Design
  • Engineering Studies
  • Cost Estimates / Financial Analysis
  • Developability / Constructability Analysis
  • Feasibility Studies
  • Residential, Industrial, Commercial, Mixed-Use
  • Zone Change Request
  • Planned Unit Development Design
  • Specific Plan Design
  • Natural Resource Analysis
  • Graphic Presentation
  • Site Selection Consultation
  • Boundary
  • Topography
  • As-Built
  • Route
  • ALTA Land Title
  • Utility
  • Aerial Ground Control
  • Construction
  • GPS

  • View James Wamble's Expert Witness Profile.
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    Dr. Jules Kamin
    6380 Wilshire Blvd., Suite 1102
    Los Angeles CA 90048
    phone: 323-653-9555
    fax: 323-653-5391
    Dr. Jules Kamin received his Ph.D. in business economics, finance and management science from the University of Chicago Graduate School of Business, rated #1. He is an expert on Economic Damages and Economic / Financial Aspects of Liability. He brings to the practice of forensic economics a unique combination of educational background, practical business and teaching experience, and a proven record of expert retention and testimony in over five hundred cases since 1987.

    Services Include:
  • Lost Profits
  • Lost Business Goodwill
  • Diminution of Business Value
  • Business Valuation
  • Lost Earnings and Benefits
  • Course of Conduct
  • Business Torts
  • Fraud
  • Interference with Prospective Economic Advantage
  • Breach of Contract
  • Unfair Competition
  • Condemnation
  • Infringement of Intellectual Property
  • Antitrust
  • Securities
  • Personal Injury
  • Wrongful Termination
  • 9/5/2010 · Damages
    Commercial damages occur in breach-of-contract and business-tort cases that result in claims of lost profits or diminished business goodwill or business value. Intellectual-property-infringement cases and antitrust cases also can involve such loss claims. The measurement of damages in these types of cases follows a basic methodology, with some variations in intellectual-property matters. Measurement of damages in securities-fraud cases uses a different approach.

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    Mr. Kirk Kleckner
    5810 West 78th Street
    Suite 300
    Bloomington MN 55439
    United States
    phone: 612-760-8400
    fax: 612-435-6241
    Kirk KlecknerKirk D. Kleckner, CPA, MBA, ABV, ASA, CFF is the Managing Principal of ValuationUSA, a boutique Valuation / Litigation Support firm. He is also the current President of Automotive Group Capital and Consulting, LLC - a ten person business specializing in the dealership industry.

    Mr. Kleckner is a CPA, MBA and is professionally accredited in Business Valuation (ABV) from the American Institute of Certified Public Accountants (AICPA). He is also a Senior Appraiser of the American Society of Appraisers (ASA) and Certified in Financial Forensics from the AICPA (CFF). Mr. Kleckner is a Qualified Expert Witness with experience in complex business litigation.

    Mr. Kleckner's experience includes seven years as Chief Financial Officer for a well respected top 50 dealership group. He spent nineteen years with an accounting firm as its Chief Operating Officer, Director of Business Valuation and Litigation Support Services and Shareholder.

    Mr. Kleckner's expertise leverages both his professional and hands-on industry experience. His practical experience includes buying, selling and integrating of businesses and organization and owner tax planning.

    Mr. Kleckner has experience as an expert witness in various legal actions including class action settlement valuation, ownership dispute valuation and business damage calculations.

    Areas of Expertise:
  • Business Valuation
  • Litigation Economic Loss / Damage Analysis and Independent Opinions, Expert Witness
  • Product Warranty and Class Action Settlement Valuation
  • Dealership - Valuation, Profitability and Practices
  • Business Interruption, Minority Interests and Fair Value, Ownership Disputes
  • Estate and Gift Valuation
  • Succession and Business Owner Wealth Transfer Planning
  • Acquisition / Merger Advisory
  • Mining Interest Valuation
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    Hamid K. Toossi, BSCE, MBA, EIT, M ASCE
    National & International Services
    26 N. Summit Avenue, Suite 205
    Gaithersburg MD 20877
    phone: 301-661-6731
    Toossi and Associates, Inc. (TAI) is a full-service General Contracting, Construction Management, and Consulting firm with expertise in high-profile, complex projects for both public and private sector customers.

    Headquartered in the Washington metropolitan area, TAI specializes in providing Construction and Consulting Services in connection with new facilities as well as additions, renovations, restorations and modernizations of small and large-scale commercial, institutional, and government buildings.

    TAI's specialization and in-depth experience in consulting and construction enable them to value engineer a project from start to finish providing client's the opportunity to identify potential savings and avoid costly delays.

    Building & Construction Services:
    • Best Practices
    • Preconstruction and Bidding
    • Construction Phases
    Construction Management:
    • CQC Compliance and Consulting
    • Forensic Engineering and Analysis
    • Critical Path Method (CPM) Scheduling
    • Construction Monitoring, Testing, and Inspection
  • Value Engineering
  • Constructability / Feasibility Review
  • Program / Construction Oversight Assistance
  • Quantity Take-off and Cost Estimating Services
  • Hamid K. Toossi, BSCE, MBA, EIT, M ASCE, TAI's founder and CEO, has over 35 years of academic and hands-on experience in the design, build, and management of heavy Civil and Commercial Construction projects.

    Mr. Toossi's experience includes Critical Path Method (CPM) Scheduling, Engineering, Construction Management, Contract Administration, Cost Estimating, Value Engineering, Claims Analysis, and Expert Services for Construction Claims and Contract Disputes, in the United States as well as overseas.

    Mr. Toossi has participated in numerous Continuing Professional Education courses, both as an instructor, and as an auditor, in Contract Law, Construction Law, Business Law, Leadership, Management, Engineering, Construction Management, and Construction Claims. He is a member of the American Society of Civil Engineers (ASCE), the National Society of Professional Engineers (NSPE), and the founding member of the American Society of MBA Executives.

    View Hamid K. Toossi's Expert Witness Profile.
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    Thomas Roney
    3333 Lee Parkway,Suite 600
    Dallas, TX 75219
    phone: 214-665-9458
    fax: 214-975-1245
    Thomas Roney, LLC is a national economic consulting firm specializing in Economic Damages Calculations and expert testimony for plaintiff and defense attorneys throughout the country. Our team of experienced experts, including economists, finance and forensic accountants, serves you in a professional, timely and cost-effective manner. We are experienced litigation consultants and have testified in Texas, California, Colorado, Connecticut, Kansas and New York. With offices in Dallas/Fort Worth and Houston, we focus on:
    • Commercial damages and intellectual property
    • Economic Damages in Personal Injury, Wrongful Death, and Wrongful Termination.
    • Medical Malpractice and Valuation of Care Cost Plans.
    • Consulting Services/Critique of opposing expert for defense and plaintiff firms.
    • We also provide financial expertise in matrimonial disputes.
    Headquartered in Dallas, Texas, Thomas Roney LLC has offices in:

    Florida Office:
    1111 Brickell Avenue, 11th Floor
    Miami, FL 33126
    T: 305-913-8571
    Colorado Office:
    999 18th Street, Suite 3000
    Denver, CO 80202
    T: 303-572-2366
    12/28/2006 · Expert Witnessing
    As an attorney, plaintiff or defense, you face this question in every case with economic damages. You know not every case requires an economic expert. When the economic damages are minimal or easily computed, such as past wage or profit losses, an expert may not be necessary

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    Thomas Neches
    Managing Partner
    633 West 5th Street, Suite 2800
    Los Angeles CA 90071-2039
    phone: 213-624-8150
    fax: 213-223-2304
    Thomas M. Neches is an Certified Public Accountant, Accredited in Business Valuation, a Certified Valuation Analyst, is Certified in Financial Forensics and is a Certified Fraud Examiner. Mr. Neches, Managing Partner of Thomas Neches & Company, LLP, has thirty-two years of experience in providing expert testimony on Accounting, Business Valuation and Financial Issues. Mr. Neches has testified on behalf of plaintiffs and defendants in state and federal courts in Arizona, California, Florida, Kentucky, Missouri, Nevada, New York and Oregon. He specializes in applying computer database and statistical techniques to assemble and analyze voluminous and complex data. Mr. Neches holds a BA in mathematics from UC San Diego and an MS in operations research from UCLA.
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    Richard M. Teichner
    Providing Services Nationally
    See Offices in Reno and Las Vegas Below
    phone: 775-828-7474
    fax: 775-201-2110
    Richard M. Teichner, CPA, ABV, CVA, MAFF, CFF, CRFAC, FCPA, CGMA, CDFA, is a Certified Public Accountant Mr. Teichner, licensed as a CPA with over 40 years of experience. Licensed in both Nevada and California, his concentration in litigation support services and business valuations in most of the recent 20 years of his career, coupled with the many years of a wide range of accounting, tax and business consulting services, enable him and his firm to provide in-depth analyses as an expert witness and consultant in a wide variety of matters.

    With offices in Reno and Las Vegas, Nevada, Mr. Teichner provides services throughout the United States, primarily in complex business litigation and divorce matters. He has performed services for businesses and individuals involved in various industries, such as manufacturing, distribution, retail sales, construction, real estate development, and transportation, and for professional practices, e.g. medical, law and accounting, and other service businesses.

    Litigation Matters - Mr. Teichner offers expert witness services to attorneys representing plaintiffs and defendants. He has testified over 40 times at trial and approximately 30 times at depositions.

    Mr. Teichner has been engaged as a testifying expert or consultant in a variety of complex business litigation and family law matters. Such matters have involved damages claims, contract disputes, disputes among business owners, fraud, breaches of fiduciary duty and standards of care, personal injury, and in family law matters property division, tracing, alimony, business valuations, and tax implications of divorce.

    Areas of Expertise:
    • Economic Damages / Lost Profits
    • Forensic Accounting
    • Financial Fraud
    • Personal Injury / Wrongful Death Damages
    • Divorce and Family Law Matters
  • Business Valuations / Appraisal
  • Franchise Valuation
  • Intangible Assets Appraisal
  • White Collar Crime
  • Standards of Care; Breach of Fiduciary Duties
  • Reno Office
    3500 Lakeside Ct, Suite 210
    Reno, Nevada, 89509
    Telephone: 775-828-7474
    Las Vegas Office
    6130 W. Elton Ave.
    Las Vegas, Nevada
    Telephone: 702-724-2645
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    J. Armand Musey
    535 Fifth Avenue, 4th floor
    New York NY 10017
    phone: 646-843-9850
    J. Armand Musey, CFA, JD/MBA, founder and president of Summit Ridge Group, LLC, provides consulting services for the Satellite, Media and Telecommunications Industries including business appraisal, intangible asset valuation, strategic consulting, custom research. Mr. Musey is a highly regarded financial analyst with expertise in Asset Valuation, Business Valuation, Financial Analysis of Economic Damages and Financial Scenario Analysis. He also has significant experience in corporate governance and investment research practices. Mr. Musey's clients include media and communications companies, institutional investors, law firms and other professional services providers.

    Mr. Musey has a unique blend of 16 years of equity research (top-ranked sell-side analyst), investment banking and consulting experience. He has completed dozens of financial valuation, strategy analysis, business development and business plan creation assignments in the communications industry. He has experience in 18 financing and M&A transactions.

    • Transactional - Bankruptcy, Fairness Opinions, Mergers & Acquisitions
    • Reporting - Asset Impairment, Portfolio Valuation, Tax
    Strategic Consulting:
    • Financial - Due Diligence, Merger & Acquisition
    • Strategic Development
    • Regulatory - Agency Publication Response, Spectrum Auction / License Acquisition Support
    Custom Research
    • In-Depth Projects - Financial, Market, and Strategic Analysis
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    177 Bovet Rd
    Sixth Floor
    San Mateo CA 94402-3116
    phone: (650) 548-1120
    fax: 650-636-9285
    Brian A. Sullivan, CPA/ABV, CVA, CBA, CFE, CMAP, is a Forensic Accountant and Business Valuation specialist in the Food and Beverage Industry. He is one of few accountants with multiple accreditations (including CPA/ABV and CVA), as well as a background in forensic accounting and business valuation.

    Mr. Sullivan integrates accounting and auditing knowledge with investigative skills gained from more than 30 years of practical business experience resolving financial disputes, including breach of contract, embezzlement, fraud, personal injury, and shareholder disputes.

    Mr. Sullivan's work as director of business valuation at a national investment firm allows him an operational discipline and understanding of how business is done. He has with numerous industries throughout the West Coast with an emphasis in Valuation of Logistics and Supply Chains in the food and beverage industry.

    Areas of Consulting Expertise:
    • Investment Banking - Sell Side / Buy Side
    • Capital Formation
    • Market Intelligence
  • Litigation Support
  • Valuation of Middle Market Businesses
  • Tax Planning and Compliance
  • View Brian Sullivan's Expert Witness Profile.
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    Steven A. Eisenberg, FSA, MAAA
    1136 Old Roswell Rd
    Roswell GA 30076
    phone: 404-307-9861
    Steven Eisenberg Insurance Actuary Expert PhotoSteven A. Eisenberg, FSA, MAAA, is a Consulting Actuary with over 45 years of experience in the Insurance Industry. He is a Fellow of the Society of Actuaries (1973) and a Member of the American Academy of Actuaries (1975).

    Background Experience - Mr. Eisenberg's experience includes actuarial design, administration and illustration of various life insurance and annuity products, including traditional and non-traditional insurance products, universal life (or excess interest products), and both general account and separate account variable insurance products. It, also, includes pricing these products and developing appropriate actuarial assumptions (e.g. mortality and life expectancy, interest and discount rates, compensation, profitability expense assumptions).

    He is also a co-inventor of several patents dealing with financial derivatives(swaps) relating to longevity and mortality mitigation.

    In 1986, Mr. Eisenberg pioneered the development of large case COLI and BOLI and unwind strategies that are still used today. He is a renown expert in designing, developing, and evaluating Bank-owned life insurance (BOLI) and Corporate-owned life insurance (COLI) programs for insurance companies, banks, other financial institutions, brokers and litigation clients. This includes developing appropriate actuarial assumptions (mortality and longevity, lapses and surrenders, expenses, taxes, interest and discount rates, compensation, policy dividends and life insurance company profitability and investment exposure (disintermediation)). He also developed administrative procedures, sophisticated illustration systems (for example, utilization of policy loans and partial surrenders) and insurable interest issues. His expertise also includes policy owner tax issues (e.g. Section 264, 7702, 7702A, 1035) and legislative changes. He has evaluated the appropriateness of these products (general or separate account including stable value) for corporate and bank policy owners, including the accounting and financial impact to the policy owners..

    His services are offered to clients nationwide.

    View Steven Eisenberg's Expert Witness Profile.
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    Managing Principal
    Litigation Economics, LLC
    Wells Fargo Center
    100 South Ashley Drive, Suite 600
    Tampa FL 33602
    phone: 800-479-2341 / Cell: 650-868-6398
    Stanley P. Stephenson, Ph.D. Economics, has provided Economic Litigation services in more than 400 cases. His experience includes Business Valuations, Economic and Quantitative Analysis and Market Assessments.

    Dr. Stephenson's Expert Witness services are provided to defense counsel and plaintiff attorneys. He has been involved in cases in various industries including high-tech manufacturing, software development, agricultural product processing, auto accessories, hotel, real estate, eating & drinking establishments, pharmaceutical, chemical, hospital, insurance, transportation, professional sports, retail, petroleum and cosmetics.

    Services Include:
  • Breach of Contract
  • Intellectual Property
  • Business Interruption
  • Medical Malpractice
  • Business Valuation
  • Personal Injury
  • Construction
  • Products Liability
  • Employment Related Claims
  • Wrongful Death
  • 12/28/2017 · Economics
    This paper presents a method for measuring economic damages in wrongful termination cases. Such cases present the damages expert with a problem since the available studies of earnings recovery after a job loss are based on a limited time period after a job loss and many workers never catch-up to the previous earnings level. A two-step approach is offered. First, the expert uses appropriate available empirical evidence to develop a typical earnings catch-up period. Second, the expert gathers information about case factors affecting the duration of the period to earnings catch-up. Using these factors, the expert modifies the base time period to develop a reasonable range of years for earnings catch-up. The ultimate choice of lost earnings is left for the court to decide, given the range presented by the expert. Cases directly or indirectly supporting this method are presented.

    5/28/2013 · Construction
    Defects that were introduced during construction can lead to classic legal disputes between owners and contractors where considerable sums of money are involved.

    4/17/2013 · Damages
    This paper focuses on business interruption litigation and how to compute lost profits as a remedy. The main contribution of the paper is development of a general model of economic damages which assesses lost profits by measuring the incremental changes in revenue, variable costs, and fixed costs.

    3/15/2013 · Damages
    Proving damages in trademark litigation-typically lost profits or disgorgement of the defendant's profits-generally involves citing the infringer's sales of the infringing product.

    11/26/2012 · Damages
    Survival risk of new businesses is a challenging issue to incorporate into lost profits analyses used in litigation, an issue some financial experts and courts ignore rather than consider explicitly. This paper considers several ways to make qualitative and quantitative adjustments for the survival rates of new businesses.

    10/25/2012 · Damages
    The forensic financial expert may be familiar with assessing lost profits, earnings capacity, or even valuing a business, but what is the expert to do about damages arising from lost ability to engage in non-market work? In a personal injury, wronful death or similar tort cases, physical limitations may restrict market and non-market work the latter forming the basis for an additional source of damages.

    Stanley P. Stephenson
    Today's economists are still concerned however with issues of value and distribution and how market forces operate to price scarce resources like labor, land, machines and more recently information and time. The field is generally divided into two areas: macroeconomics and microeconomics.
    Stanley P. Stephenson, David A. Macpherson & Gerald D. Martin
    Uses proven procedures, checklists, samples and tables to value economic loss in wrongful death and personal injury cases. Learn how to calculate damages, what to ask a forensic economist, which tables to consult for current information on damages and more.
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    Brian Spiegel & David Spiegel
    PO Box 7577
    La Verne CA 91750
    phone: 800-266-8988
    fax: 909-596-8803



    Brian Spiegel and David Spiegel offer expert testimony and consulting services regarding smoke, water, fire, mold contamination property damage restoration, reconstruction, and construction defect related problems.

    Both have been speakers nationally and internationally on property damage restoration, construction, and mold contamination related topics. In the past at the Property Loss Research Bureau (PLRB) national mold symposium in Charlotte, North Carolina and at the Forensics Consultants Association on toxic mold litigation and mold remediation in Newport Beach, California.

    In the media Brian and David have written articles for industry trade magazines and given television and radio interviews, including one with Brian on ABC TV “Good Morning America” featuring a segment on mitigating water damage.

  • Mold & Bacterial Contamination
  • Construction Defects
  • Fire & Smoke Damage
  • Industry Standards of Care
  • Structural Damages
  • Water Damage
  • Sewage Backflow
  • Flooring Forensics
  • Property Damage Contractor
  • Inspections & Formal Reports
  • Cause and Origin Investigations
  • Smoke Particulate Testing
  • Property Insurance Claims
  • Testing
  • Detailed Construction Estimates
  • Cost Damage Appraisals at Current Industry Pricing
  • Litigation Support
  • Infrared Structural Inspections
  • Concrete Moisture Testing
  • Residential and Commercial
  • Appraisal Process: Appraisers & Umpires
  • Contents and Structure
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    Dr. Stan V. Smith
    President & Founder
    1165 N. Clark Street, Suite 600
    Chicago IL 60610-2845
    phone: 312-943-1551
    fax: 312-943-1016
    Dr. Stan V. Smith is a nationally renowned Economist and Financial Consultant providing analysis in simple terms that any trier-of-fact can understand. As an expert consultant to plaintiff and defense attorneys representing clients in Federal State courts, he provides testimony and litigation support services in evaluating damages.

    Dr. Smith provides Analysis, Testimony, and Litigation Support Services in Evaluating Damages for plaintiff and defense attorneys representing clients in federal and state courts nationwide. His concept of Hedonic Damages is acknowledged by judges, attorneys, and legal journalists as one of the most innovative tort concepts in the last 30 years. He has been interviewed and published in dozens of respected professional journals.

    Dr. Smith has assisted in the successful resolution of thousands of lawsuits on behalf of clients that include many dozens of the nation's largest law firms, the U.S. Department of Justice, as well as thousands of other prominent plaintiff and defense law firms in almost every state.

    Areas of Expertise:
  • Antitrust Damages
  • Patent Valuation
  • Lost Wages
  • Mergers & Acquisitions
  • Business Valuations & Losses
  • Hedonic Damages
  • Pension Fund Evaluation and Withdrawal Liability
  • Society and Relationship Damage Analysis
  • Identity Theft and FCRA Credit Damages
  • Security Losses
  • Commercial Damages
  • Employment Discrimination
  • Life Care Plan and other Medical Cost Evaluations
  • Structured Settlement Analysis
  • Personal Consumption and Fringe Benefits
  • Product Liability
  • Injury Losses
  • Lost Earnings Capacity
  • 5/6/2011 · Economics
    Setting aside the one case in 100,000 that makes headlines, are juries generally capricious and liberal? Are verdicts frequently unreasonable?

    3/17/2011 · Economics
    The increased use of economic experts in commercial damage cases, as well as in personal injury and wrongful death cases, has resulted in the emergence of a group of experts who offer economic services but are unqualified and ill-trained in economics.

    2/16/2011 · Economics
    In most courts, the value of a human being is not recognized. According to the laws of many states, your life isn't worth a "plugged nickel" if you no longer work.

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