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Expert Witness Consulting Services in the US Industry Market Research Report from IBISWorld Has Been Updated

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New York, NY (PRWEB) July 19, 2014

The Expert Witness Consulting Services industry recovered strongly from the recession over the past five years. Despite strong growth prior to the economic downturn from robust corporate and legal activity, industry demand and revenue fell during the recession. A decline in per capita disposable income and corporate profit caused businesses and customers to have fewer funds available for expert witness consulting services; consequently, the industry’s growth slowed in 2009. Since 2010, industry demand and revenue have increased as corporate profit and per capita disposable income strengthened as well. Overall, IBISWorld expects industry revenue to increase at annualized rate in the five years to 2014, as the industry recover from recession lows. Revenue is estimated to increase due to greater demand from law firms and government organizations.

According to IBISWorld Industry Analyst David Yang, “Competition has increased throughout the past five years, which has pressured revenue growth and industry profit.” Although firms in the industry compete against one another on the basis of price, quality of service, expertise, communication skills and reputation, the industry as a whole faces significant external competition as well. In particular, integrated management consulting firms and large accounting firms that provide comprehensive strategy, economic and management consulting services pose as competition to expert witness consulting services. External competition also comes from firms that have a general counsel or in-house legal team with expert witnesses. Nevertheless, industry profitability is expected to increase in the five years to 2014, due to the recovery from recession lows.

During the five years to 2019, IBISWorld projects industry revenue to increase at an average annually. “Expert witness consultants will benefit largely from strengthened demand from law firms, higher corporate profit, a larger number of civil cases and greater per capita disposable income,” says Yang. For instance, corporate profit is expected to grow at an average annual rate in the five years to 2019. With this, potential customers will have more money available for the industry’s high-cost services. In the next five years, companies are expected to provide more value-added services and employ workers with specialized backgrounds, and as a result, firms will be able to offer more services to clients and compete more effectively in the industry.

For more information, visit IBISWorld’s Expert Witness Consulting Services in the US industry report page.

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IBISWorld industry Report Key Topics

This industry provides witnesses to offer expertise and specialized knowledge within particular subject areas in court cases. This does not include in-house expert witnesses from firms that have a general counsel or legal team.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.







What to Include at a Minimum in an Expert Witness Report

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I include entries for various telephone discussions I had with people in the case, and meetings with additional personnel. I make explicit reference to every document I read, every folder of data I received, and every CD or DVD or other electronic material I received.
Further, I list every legal document provided to me as reference material for the case. Every report written by other professionals or related parties in the matter is also listed, as are any deposition transcripts provided to me.  You should list the names of on point people you met, things you discussed, actions you took, and materials you reviewed. Your report can also contain any equipment you used, tests you ran, and reconstructions you made. You can explain in detail any analyses or assumptions you made, and any assignments that your attorney may have expressly given to you.
You should make clear that you considered the relevant facts you discovered in the above materials and that you then applied suitable procedures and methodologies to those facts. Altogether, this demonstrates that you understood the issues, the events, and the systems involved, and that the facts and methodologies together contribute to the reliability of the opinions you drew. If you made use of other exhibits or evidence that you wish to use in subsequent trial testimony, refer to them here.  If you have created or intend to create any demonstrative exhibits, make reference to them here as well. This might include graphs, mockups, or any other visual materials that you believe will help you better explain your opinions. You can include demonstrative evidence like this for your eventual testimony as one way to keep the jury’s attention and to further Enhance your credibility.
Not only can the means justify the end, but they must. In my expert reports, I always include a final section that summarizes in boldface each opinion I’ve reached and every opinion I will express if the matter comes to trial. To support each opinion, you can refer back to earlier portions of your report, and you can include extra text that further explains the basis for each opinion.
If you have had the opportunity to review the opposing expert’s report, simply include an entire analysis of the report.  Avoid commenting on the validity of any of the expert’s opinions, simply look at the work, comment on any errors you find in it, and note any invalid assumptions made that may undermine the validity of a conclusion drawn or opinion expressed by the other expert.
When you are selected for the defendant’s side, the plaintiff’s expert’s report will appear first, and you will read that expert’s opinions. While you may not have initially considered some of the opinions expressed, look at each one to determine if it is accurate and assess whether the opinion (accurate or not) has been fully supported by the facts, procedures, and methodologies followed by that expert.  Pay particular attention to whether the expert has overstated the evidence, not just where he might have stated erroneous opinions.
Just remember that you are not a lawyer. Never express legal opinions, either in writing or in testimony. However, understanding the legal elements of your case can often enable you to suggest industry experience that will support your attorney’s efforts. Ask your attorney early on about the legal issues involved in the case. What can he or she tell you about how your findings relate to those legal issues? Don’t just stop there. Conduct your own research on the Internet about the legal issues so that you understand any ramifications facing the Lawyers. In this way, you can focus your efforts more intelligently.

Judd Robbins has been an internationally recognized expert witness since 1986 in the US and in the UK. In 2010, his book “Expert Witness Training” was published by Presentation Dynamics. Robbins has advanced degrees from UC Berkeley and the University of Michigan, has been an Information Systems manager and an Education Systems manager, and consults in both computer and legal issues. Learn more about Mr. Robbins and his Expert Witness Training materials at www.juddrobbins.com

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Understanding the Fundamentals of Writing an Expert Witness Report

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The expert report is a cornerstone of your contribution to the case. It is the primary written piece of work, just as your testimony in deposition or court is the primary verbal piece of work. Before writing your expert report, you will spend time researching, explaining, listening, and meeting. Everything you write down will become the subject of interrogation or discussion.
Realize that some attorneys may use your writings long after a case ends. Bright attorneys will frequently look to the records of your previous cases to see what you have said, how you have said it, and what mistakes you may have made. These writings will guide them to whether you may be an suitable witness for them to engage. Then again, they can research your previous statements to use against you. They may look at the way you wrote something, or if what you wrote previously relates to a current opinion that you’re expressing in a new case. Be alert to whether a new case you’ve accepted leads to an opinion that differs from one you may have expressed in a previous case. An industrious attorney will probably find out any differences and call you on them.
Your expert report will need to meet legal standards. It should be organized, easy to read, professional, and effective. Depending on the complexity of the case, you will have one or more opinions about the subject of the case. You should precede your opinions with your background and accomplishments to describe who you are and why you are qualified to present those opinions.
Precisely express your opinions. Explicitly list the information you considered while coming to your opinions, and show which pieces of facts directly support those opinions. describe exactly what steps you followed and/or what technical methodologies you used as the basis for the conclusions you reached. include required extra facts, such as your contact data and your fee schedule.

Judd Robbins has been an internationally recognized expert witness since 1986 in the US and in the UK. In 2010, his book “Expert Witness Training” was published by Presentation Dynamics. Robbins has advanced degrees from UC Berkeley and the University of Michigan, has been an Information Systems manager and an Education Systems manager, and consults in both computer and legal issues. Learn more about Mr. Robbins and his Expert Witness Training materials at www.juddrobbins.com

For more information: http://www.icc-cpi.int Situation: The Republic of Kenya Case: The Prosecutor v. William Samoei Ruto and Joshua Arap Sang This issue of …

How To Choose A Property Expert Witness For A Valuation Report

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Under the terms of Part 2 of the Landlord and Tenant Act issued in 1954, should a dispute arise over the renewal of a lease for either a commercial or business property the issue is taken into the hands of the county, and should you find yourself in this situation the aid of a property expert witness report will be invaluable to your case. The report emerges after the exchange of factual information from the two respective parties, each of which will then use the information gathered to produce a property report to argue their side of the case. Once exchanged with the rival representative on a date well in advance of the court hearing, the report will be analysed and be the central component in the court case.

The Landlord and Tenant Act of 1954 is intended to give business the additional security of tenure and under the act a tenant using property for a business of commercial act cannot merely be evicted in the procedure of providing a notice to quit or the ending of a fixed term agreement tenancy. The Act indicates quite clearly that in the case of a property owner wishing to seek the end of a tenancy that a notice must be served allowing the tenant to respond and this is where the services of an expert witness may come into play. The case will, if not resolved between the parties, result in a County Court case in which property witnesses will be called upon to produce expert reports in order to fight and defend the case of the individuals or companies being represented.

If you are involved in any case or situation with disputes regarding commercial or business property then a property expert witness will be required and this can be sourced by a wide variety of means including solicitors and chartered surveyors. In return for the fee paid, the property witness will act on your behalf to compile the expert witness report to present your case. The property expert will provided you with knowledge, expertise and a wide range of relevant experience to assist you in the disputed property case. Not only will the expert provide you with their expert property witness report but they will also attend court, as per the norm, and present the evidence gathered and issue professional witness evidence.

As in any case centring on a form of dispute with two sides being presented the witness will be cross examined and the property report will be part of this. The property expert provided, for instance, by the charted surveyor will be fully prepared, trained and experienced in such a matter and present your case in a confident and convincing manner. The service may be offered under the title of valuation expert witness or a valuation expert witness report depending on the nature of the case but both function in the same nature and with the same purpose, to assist you in a victorious case.

In this respect therefore as with all legal matters the property witness or valuation witness has a obligation and duty to the court to ensure the information provided in either the valuation report or witness report is honest, reliable and bears credibility otherwise the whole case may be placed in jeopardy but using an expert witness from a reliable company, such as a chartered surveyor, should see you avoiding such problems.

 

For help with compiling a property expert witness report or valuation expert witness report speak to Mackenzie Associates.

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