Expert Witness Testimony
Expert witnesses can provide tremendous guidance during a trial. They help make sure the facts in the case are properly communicated during the legal process. They may even help clients win a case. Most experts spend countless hours and dollars educating themselves to be the best in their fields. For a specific lawsuit, they have to spend many hours learning about the case, dissecting it, researching it, and coming up with a credible and defensible solution.
Expert witnesses are typically convincing and support their comments with reliable resources. The best expert witnesses are unbiased, which is why they are often needed in the courtroom where tension is high among the parties.
Experts in the intangible asset realm spend tremendous amounts of time conducting an intellectual property (IP) valuation or damage analysis. An IP valuation analyst must review all of the IP, which can be quite complex, the markets associated with the IP, and competitors in the field; discover advantages and risks; calculate the economic life; and much more. For some inventions, it can take thousands of patents to cover one technical or design aspect. This means that an IP valuation analyst could spend considerable time just reviewing the patents. However, done properly, IP valuations and damages analysis provide strong evidence in a court of law.
When it comes to intellectual property (IP), finding a firm to provide a credible valuation can be difficult. Few have the experience and knowledge it takes to perform a valuation on intangible assets. Therefore, an expert witness in this field is likely the best bet for a reliable source regarding an IP dispute. P&A brings more than a decade of experience valuing IP. We have substantial experience evaluating complex IP assets and forming credible and defensible valuations in all sectors of the economy. We back up our work with empirical evidence, accurate modeling formulas, and sound reporting.
At P&A, we have proven history of expert witness testimony in the courtroom. One North Carolina court indicated that our firm brings “outstanding” qualifications and that we are “clearly in the mainstream of IP valuation methodologies.”
Contact us today to learn more about our expert witness testimony services.