What is a forensic economist?

A forensic economist is an expert who calculates economic damages for legal cases, including lost earnings, lost benefits, future medical costs, and business valuations. They provide expert testimony and detailed reports for use in litigation.

What types of cases require a forensic economist?

Forensic economists are needed for personal injury, wrongful death, medical malpractice, employment discrimination, wrongful termination, business disputes, divorce proceedings, and any case requiring economic damage calculations.

How are economic damages calculated?

Economic damages are calculated by analyzing lost earnings, lost benefits, future earning capacity, medical costs, household services value, and other economic losses. These are projected into the future and reduced to present value using appropriate discount rates.

What qualifications should a forensic economist have?

A qualified forensic economist should have advanced degrees in economics or business, professional certifications (CRC, CLCP, ABVE), extensive experience in economic analysis, and a track record of providing expert testimony in court.

How much does a forensic economist cost?

Forensic economist fees vary based on case complexity, typically ranging from $250-$500 per hour for analysis and $500-$1000 per hour for testimony. Most cases require 20-40 hours of work. Contact us for a free consultation and fee estimate.

Intellectual Property Expert Services

Economic analysis for patent, trademark, copyright, and trade secret disputes

(203) 605-2814 Free Consultation

Services Provided

Economic Damage Analysis
Business Valuation
Business Consulting

Economic Damages in IP Cases

Our forensic economics services for intellectual property cases provide accurate, defensible economic damage calculations that stand up to scrutiny in court. We analyze all financial aspects of the case to determine fair compensation.

Specific Applications:

Lost profits from infringement

Reasonable royalty calculations

Unjust enrichment analysis

Price erosion damages

Corrective advertising costs

Market share loss quantification

Convoyed sales analysis

Entire market value rule applications

Intellectual Property Valuation

Our business valuation services for intellectual property cases provide accurate assessments of business value, lost profits, and commercial damages using accepted valuation methodologies.

Specific Applications:

Patent portfolio valuation

Trademark valuation

Trade secret valuation

Technology transfer pricing

Licensing agreement valuation

IP holding company valuation

Royalty rate determination

IP Strategy Consulting

Our business consulting services related to intellectual property provide strategic guidance, risk management, and operational improvements to prevent future issues and optimize outcomes.

Specific Applications:

IP portfolio management

Licensing strategy development

IP monetization strategies

Technology transfer planning

IP risk assessment

Competitive intelligence analysis

Innovation management systems

IP compliance programs

Why Choose Christopher Skerritt for Intellectual Property Cases

Extensive Credentials

Multiple advanced degrees and over 15 professional certifications in forensic economics, vocational assessment, and life care planning.

Court Experience

Extensive testimony experience in state and federal courts, with a proven track record of providing clear, defensible expert opinions.

Comprehensive Analysis

Thorough, data-driven analysis using accepted methodologies and current research to support all conclusions and recommendations.

Need Expert Analysis for Your Intellectual Property Case?

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Related Practice Areas

Professional Liability

Economic analysis for professional malpractice and errors & omissions cases

Construction Defects

Economic analysis for construction defect and building failure cases