Class Actions: When Your Expert Witness Is (and Should Be) an Economist
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More than 10,000 federal class action cases were filed in 2023, covering areas including securities, antitrust, employment, and consumer protection. What do they have in common? They often rely on an economist’s expert analysis and testimony.
Jeffrey Klenk recently joined the Litigation Radio podcast to share best practices for working with an economist expert witness. He explains the role of economists as expert witnesses to help dissect a claim from preparation and filing to depositions to testimony. He says it can be “fiendishly difficult” to understand not only the merits of a case but also the viability as a class action for both the defense and plaintiffs.
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