Many trials need expert witnesses. Expert witnesses can help explain difficult concepts to the judge and jury. If you need a financial expert, then you need to look for a few traits that will highlight whether or not it is a high quality expert.
The main purpose of a financial expert is to educate the court on financial components of the case. This assists the attorney, especially when there is language or other details that most people would not understand without the use of a financial expert. In order to be a good financial expert witness, he or she needs to have good communication skills. He or she needs to be able to persuade the judge and jury. In court, communication skills are imperative to the case. Someone could be an expert in the area but be unable to explain his or her findings, you want someone that can explain.
Expert witnesses need to have top of the line academic credentials. He or she should not only have a degree in the field or discipline, but should have a career in finance. An expert needs to be exactly what the name suggests. Financial experts should have a history that others can look at and feel confident that he or she knows the ins and outs of finance.
Financial experts need to know how to prepare for court. They should be capable of writing detailed reports about their findings. They should be able to read over their reports and familiarize themselves with all of the details before trial. They should be able to speak in detail during the trial, especially while testifying.
When it comes to a financial expert, you want to make sure that you have someone with experience on your side. Most financial experts will be experienced, professional and well prepared.