Expert Details
Economic Damages and Lost Profits Calculations
ID: 723928
Texas, USA
He provides economic analysis and valuation for current and proposed intellectual property (copyright and patent infringement) cases. Many of these matters involve litigation and the determination of reasonable royalty payments. He is president of a consulting firm with a professional staff including PhD economists and finance consultants with IP experience.
His firm includes economic, financial and forensic accounting experts. He is able to provide business and market analyses of costs, revenues, advertising, and other business activities. He has provided expert opinions on economic and accounting cost structures in a variety of industries.
As an economist specializing in economic analysis and the calculation of economic damages, Expert provides litigation support to attorneys throughout the country. He has more than 30 years of economic consulting experience and has testified as an expert witness in state and Federal court, during depositions and arbitration, and before the Special Master in Victim’s Compensation Fund matters. He has prepared economic analyses in a wide variety of industries, including satellite communications, hotel and casino, and tire manufacturing. He has conducted hundreds of forensic economic analyses of lost wages and profits to individuals and companies in more than two dozen states.
Prior to opening his own economic consulting firm, he was a Senior Economist with The Center for Forensic Economics; served as an in-house consultant to a national law firm as a litigation-support consultant; worked with a major national accounting firm providing economic consulting services in commercial-damages matters; and was a senior research economist with a California boutique economic consulting firm, specializing in the calculation of economic losses in personal-injury, wrongful-death and wrongful-termination cases. At California State University, Washington State University and several California community colleges, he lectured on Economic Principles and Intermediate Macro and Micro Economic Theory. He has also worked as an economist with the Federal Trade Commission, in the Bureau of Economics.
He has calculated economic damages in hundreds of employment matters resulting from job termination, failure to hire and failure to promote litigation. He has determined the economic impact, such as lost wages, bonuses, and benefits, of an individual or group dismissal, layoff, failure to promote or other employment decision. He also analyzed and testified in arbitration regarding the determination of whether there is bias in an employment action against a protected class or individual (age, sex, race or national origin).
His firm provides economic analysis and valuation for current and proposed intellectual property and patent infringement cases. He has worked in a wide variety of industries involving patents and copyrights and prepared expert reports and testified in these matters. He is supported by experienced professionals in economics, finance and forensic accounting.
His firm provides economic analysis and valuation for current and proposed intellectual property and patent infringement cases, lost profits, business interruption and other commercial damages. He has worked on litigation in a wide variety of industries involving patents and copyrights, lost profits, and prepared expert reports and testified in these matters. He is supported by experienced professionals in economics, finance and forensic accounting.
Trial testimony re economic damages in a wrongful termination case. Trial testimony re economic damages in a wrongful death case. Trial testimony re economic damages in a personal injury case. Trial testimony re economic damages in a medical malpractice personal injury case. Trial testimony re economic damages in a personal injury case.
Education
Year | Degree | Subject | Institution |
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Year: 1984 | Degree: All coursework toward PhD. (ABD) | Subject: Economics | Institution: Washington State University |
Year: 1980 | Degree: BA | Subject: Economics | Institution: Washington State University |
Year: 1971 | Degree: Courses in Social Sciences | Subject: Social Sciences | Institution: California State University, Chico |
Work History
Years | Employer | Title | Department |
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Years: 2016 to 2018 | Employer: Humatec | Title: Sr. Consultant - Forensic Economist | Department: |
Responsibilities:Providing economic consulting services and expert testimony in personal injury, wrongful death, commercial litigation and employment matters. |
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Years | Employer | Title | Department |
Years: 2011 to Present | Employer: Undisclosed | Title: Associate Consulting Economist | Department: |
Responsibilities:Providing economic consulting services and expert testimony in personal injury loss of earnings and life care plan valuation matters. |
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Years | Employer | Title | Department |
Years: 2011 to Present | Employer: Undisclosed | Title: Consulting Economist | Department: |
Responsibilities:Providing economic consulting services and expert testimony in personal injury, wrongful death, commercial litigation and employment matters. |
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Years | Employer | Title | Department |
Years: 2003 to Present | Employer: Undisclosed | Title: President | Department: Economic Consulting |
Responsibilities:Providing economic consulting services and expert testimony in personal-injury, wrongful-death, commercial litigation and employment matters. |
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Years | Employer | Title | Department |
Years: 2002 to 2003 | Employer: The Center for Forensic and Economic Studies | Title: Senior Economist | Department: Economic Consulting |
Responsibilities:Concentrated on the analysis of damages in personal-injury, wrongful-death and wrongful-termination matters and was head of the Dallas office. |
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Years | Employer | Title | Department |
Years: 2000 to 2002 | Employer: Bickel & Brewer | Title: In-house consultant | Department: Consulting |
Responsibilities:A Dallas/New York litigation firm specializing in complex commercial, corporate, environmental, hospitality, gaming, construction and other business torts. |
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Years | Employer | Title | Department |
Years: 1999 to 2000 | Employer: Grant Thornton LLP | Title: Forensic economist | Department: Litigation Support and Consulting Group |
Responsibilities:A nationwide accounting and consulting firm, providing economic consulting and expert testimony in commercial-damages cases. |
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Years | Employer | Title | Department |
Years: 1998 to 1999 | Employer: National Realty Funding | Title: Analyst | Department: Securitization Analyst |
Responsibilities:Mortgage Securitization Analyst for commercial loans. Coordination and analysis of data from legal, servicing, brokers, and cash flow analysis. Provided data to bond rating agencies. |
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Years | Employer | Title | Department |
Years: 1986 to 1997 | Employer: Formuzis, Pickersgill and Hunt LLC | Title: Senior Economist | Department: Economics |
Responsibilities:Prepared more than 1,000 expert reports and provided expert testimony and analysis of damages in personal-injury, wrongful-death and wrongful-termination matters |
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Years | Employer | Title | Department |
Years: 1983 to 1994 | Employer: California State University - Fullerton | Title: Lecturer | Department: Economics |
Responsibilities:Teaching courses in Principles of Economics, Intermediate Macro and Micro Economic Theory. |
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Years | Employer | Title | Department |
Years: 1980 to 1983 | Employer: Washington State University | Title: Research assistant and Teaching Assistant | Department: Economics Department |
Responsibilities:Providing research and analysis on a variety of applied and theoretical projects, including economic forecasting, voting behavior, migration and crop production. Teaching assistant in principals macro and micro economics and labor law. |
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Years | Employer | Title | Department |
Years: 1982 to 1982 | Employer: Federal Trade Commission, Bureau of Economics, Consumer Protections Agency | Title: | Department: |
Responsibilities:Provided economic research and data analysis for a nationwide study of generic drug substitution laws and their impact on retail prescription drug pricing, during a graduate internship. |
Government Experience
Years | Agency | Role | Description |
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Years: 1983 to 1983 | Agency: Federal Trade Commission | Role: Economist | Description: Summer intern as a graduate student. Assisted with the measurement of state laws' impact on drug product substitution for prescription drugs. |
Years: 1984 to 1993 | Agency: State of California | Role: Lecturer | Description: Economics Professor at California State University, Fullerton, CA. |
Career Accomplishments
Associations / Societies |
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National Association of Forensic Economists Collegium of Pecuniary Damages Experts American Academy of Economic and Finance Experts American Economic Association Tarrant County Bar Association, Associate Member Western Economic Association International (WEAI) Southern Economic Association (SEA) American Academy of Physicians Life Care Planners (AAPLCP) |
Professional Appointments |
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Past Vice President of the National Association of Forensic Economists Past President and Vice President of the Collegium of Pecuniary Damages Experts Past Board Member of the American Academy of Economic and Finance Experts Vice President of the School of Economic Sciences Development Committee, Washington State University (undisclosed) County Bar Association, Associate Member (undisclosed) County Bar Association, Trinity Habitat for Humanity Committee, Chair (undisclosed) County Bar Association, Chair of the Docket Call Socials Committee |
Publications and Patents Summary |
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Expert has published two professional papers in the forensic economic journals. Professional Papers (total): 5 Presentations and Conferences: 83 Editor: 1 Trial, Arbitration, and Deposition Testimonies (2018-2022): 175 |
Additional Experience
Expert Witness Experience |
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Expert has consulted for plaintiff and defense attorneys. These matters include: Provide initial estimates of their case’s value with respect to economic damages; Review and critique of the opposing expert report; Assist with interrogatory and deposition questions; and provide opinions in Guardian ad litem, divorce actions, and identity theft matters. He has testified in deposition, arbitration, State, and Federal Court more than 70 times, including testimonies in Texas, California, New York, Kansas, Colorado and Connecticut. |
Training / Seminars |
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Expert has provided CLE presentations on litigation matters involving forensic economics and the calculation of damages in personal injury, wrongful death, and employment matters and commercial damages. Presentations have been made to organizations including the Dallas Bar Employment Section and Franchise Section, the Tarrant County Bar Employment Section, the National Employment Law Association (San Antonio), CLE presentations in Dallas, Houston, Austin, San Antonio, Miami, Orlando and Ft. Lauderdale, the Legal Nurse Association in Dallas and Houston and regular presentations to the National Association of Forensic Economists, the American Academy of Economic and Finance Experts, and the Collegium of Pecuniary Damages Experts. Expert has also provided damages presentations to several law firms in house. |
Fields of Expertise
business analysis, personal injury, copyright infringement, operating cost analysis, cost analysis, fixed cost, identity theft, economic analysis, economics, employment, intellectual property, patent damage, contract dispute, forensic auditing, forensic accounting, forensic economics, economic forecasting, economic impact, lost profit, tort law, securitization, royalty, patent searching, divorce proceeding, business interruption, unfair competition, trading, hotel hospitality, hospitality, negligent hiring, hiring, trade secret theft, theft, employment compensation, wrongful termination, wrongful death, hotel accounting, divorce accounting, economic research, hotel valuation, damage assessment, business valuation, econometrics, antitrust, oil market forecasting, petroleum industry, energy market analysis, natural resource economics, retailing, business strategy, finance, advertising, labor cost estimation, environmental economic analysis, patent infringement, non-market valuation, econometric model, natural resource damage assessment, econometric modeling, new technology business value measurement, optimization, cost-benefit analysis, patent