Economists can be powerful tools in the arsenal of a litigator.
To use economists effectively, however, the litigator must have an intimate understanding of economics, as well as the ability to make the economic issues comprehensible to judges and juries. The Genser Group provides such understanding and ability in the form of experienced trial attorneys who also have education, experience and talent in using economists in litigation. The Genser Group can be invaluable to attorneys or firms who do not have that expertise in-house, or to attorneys or firms who are comfortable with their ability to use of economists as expert witnesses but who are seeking creative and novel ways of using economists to win their cases. Economists, for most lawyers, are used primarily to establish and testify to the amount of damages the plaintiff has or hasn't suffered. Usually, that is accomplished by estimating the future stream of income or profit the plaintiff would have received but for the allegedly wrongful act of the defendant, then discounting those estimated revenues to their present value.