We provide expert witness testimony for workplace accident claims.
Worksite Accident Claims Expert Witness
If your client was involved in an accident, our forensic economist services can help strengthen your case and provide expert witness testimony. At The Knowles Group, we specialize in calculating earnings loss and other economic damages that the victim may have suffered as a result of the accident.
We have over 30 years of experience and have testified in both federal and multiple state courts. We’re one of the top economic consulting firms in the U.S., and we’ll help create an accurate picture of the financial state of the plaintiff before, during, and after the incident.
Types of Accident Witnesses
When it comes to accident claims, there are two general types of witnesses: on-the-scene and expert.
An on-the-scene witness is just that: someone who saw the accident partially or in whole as it happened. While they are very valuable to both the plaintiff and defense, most courts will not allow them to testify in the capacity of an expert witness. The court may grant an exception if the on-the-scene witness is also a qualified expert in his or her field.
A forensic economist is someone who has the qualifications, credentials, and experience to testify in a court of law in the capacity of an expert witness. The National Association of Forensic Economics defines it as a scientific discipline that applies economic methods and theories to matters contained within a legal framework.
Generally speaking, forensic economics covers the following:
- The calculation of monetary damages as they pertain to commercial and personal litigation.
- The statistical analysis of market power, fraud detection, discrimination, or liability.
- Asset, property, and business evaluations as well as other matters which are subject to legal review.
Types of Accident Claims
There are many kinds of accident claims that a forensic economist can help out with:
Personal injury claims can range from slip-trip-and-fall to car accident claims. In all cases, the plaintiff has suffered damage such that an economist will need to be asked to opine on what the person’s finances and ability to provide income looked like before and after an accident. This can help determine what the victim will receive in the car accident settlement. A forensic economist is a critical ally in injury car accident insurance claims.
Worksite or industrial accidents are when an employee sustains an injury while on the job. Even something as seemingly safe as an office cubicle can hold multiple hazards that could cause someone to slip, trip, fall, or otherwise injure themselves. Accidents can also occur where boxes are stored too high, file cabinets are not properly secured, or anywhere heavy office furniture can come loose and cause injury.
Many accident compensation claims stem from the construction trades. Someone could slip and fall on a job site, or a load of construction materials could fall onto them. Repetitive motion job injuries are also responsible for many construction trade accident claims.
The problem with these types of injuries is that they can take many months, years, or decades to manifest themselves. It’s then up to the forensic economist to determine the overall financial picture during that period of time and beyond.
Motor vehicle injuries make up a considerable portion of accident claims filed annually. These can also include people who were pedestrians or bicyclists and got hit by a car or suffered injuries as a result of the chain-of-events that took place. Even a whiplash injury could require years or decades of expensive medical treatment and care.
Do you need expert witness testimony for your accident claims case?
Bring an Expert Witness into Your Case
A forensic economist can help bolster credibility, determine financial losses, and fill in the missing blanks.
Many attorneys will retain expert legal witnesses long before a case goes to trial. In these types of situations, the witness’ expertise allows them to determine critical facts that could help prevent a case from going to trial.
The opposing side may also bring in an expert witness of their own in an attempt to refute the claims of your expert witness. In situations like this, an experienced expert witness is familiar with the tactics that are employed by the opposing side and can help refute their claims by providing additional evidence to the contrary.
This is the just one of many benefits you get from hiring an experienced forensic economist firm such as The Knowles Group. We’ve been testifying in court and helping both plaintiff and defense attorneys make their cases stronger for well over 30 years.
Does My Accident Case Need an Expert Witness?
If you’re unsure as to whether you need a forensic accountant or forensic economist for your accident claim, give us a call at (206) 860-9477 or contact us via our website. At The Knowles Group, we can help you accurately determine financial and economic losses and damages.
Our testimony list includes many complicated cases such as real estate, employment, business losses, asbestos poisoning (mesothelioma), wrongful death, personal injury, and medical negligence. We’ve testified in multiple states and are very familiar with the strategies and methodologies from opposing experts. Contact us today to learn how we can offer our expert forensic economic expertise to your case.
In such cases where catastrophic damage, personal injury, or loss of life are involved, an expert forensic economist can help paint a more complete picture of the past, present, and future financials of the individual who was injured or killed.
It’s essential to bring in an expert forensic economist into an accident case so they can help determine the current and future damages to the victim or the victim’s family. Many accident victims will require years or even decades of future medical care. An economist can provide the present value of these future medical bills, which can run into the millions or tens of millions of dollars.