From a cost-benefit analysis, the defense's total out-of-pocket cost to hire a damage expert in all cases where significant damages are sought would likely not even approach the potential reduced award that could occur in just one case. Think about the $280 million potential savings previously referenced. But even a potential benefit savings of $100,000 would greatly outweigh the cost of an expert in most cases.
May 01, 2012 at 12:00 AM
1 minute read
Damages
The plaintiff has claimed monetary loss in a dispute. As a legal representative on either side, you have to advise whether or not the potential monetary loss claim should be put in through a damage expert. You weigh the additional cost of hiring a damage expert with the potential benefit that the expert provides. You consider that the other side may or may not hire a damage expert depending on what you do.
Presented by BigVoodoo
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
U.S. District Court for the Northern District of CaliforniaThe current term of office for United States Magistrate Judge Susan van Keulen in...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
