Legal cases can be mountainous. Sometimes cases involve multiple parties, vast amounts of money, intricate and long court processes, endless paperwork, complex issues of legality, or continuous evidence to sort through.
It is a process of processes and sometimes it can be overwhelming, even for the sharpest of legal-minded attorneys. When this happens, litigation support services are extremely valuable. Litigation support services can help you navigate the complex nature of real estate lawsuits. You may find a litigation support team of use if you are experiencing any of these hurdles.
Your case needs expert witness testimony
Are you in need of an Arkansas real estate expert witness to help you in your legal case? The selection of a real estate expert in a legal case involves analyzing three elements:
- Expertise
- Credibility
- Expense
Depending on the specific circumstances surrounding the case, one of these points could be more important than the others, so it is a good idea to consider these points independently of one another.
Examining the Expertise of an Arkansas Real Estate Expert Witness
The realm of expertise of a witness is important in a real estate case because real estate is such a diverse topic of discussion. The specifics of a case should be analyzed greatly when choosing the expertise area of your witness. For example, if the case involved homeowners’ insurance, a lawyer would be more successful in selecting a homeowners’ insurance expert, rather than a medical insurance expert. Such is true of real estate. There are many subcategories that you should consider when looking for someone to write a great real estate expert witness report. Your expert should have “special knowledge” of your real estate case specifics.
Examining the Credibility of an Expert Witness in Arkansas
Credibility is an important factor in finding your litigation services professional. An “expert witness” formerly convicted of mortgage fraud will not be credible. Comparatively, an admired real estate lawyer with no ground experience in buying and selling commercial real estate is less credible than a real estate professional with hands-on experience in commercial real estate investing. Finding a witness who is trustworthy and knowledgeable could make or break your real estate case.
Examining the Expense of a Good Expert Real Estate Legal Witness
Often the phrase, “you get what you pay for” is relevant in expert witness cases. Getting the most bang for your buck is important–emphasis on the “bang.” Do not skimp on an expert witness who really isn’t that much of an expert as it relates to your real estate case just to save a few dollars. Your client’s goals and the situation should be fully examined when comparing the expenses of your expert witness options.
You Are Under an Intense Timeline, and Your Staff Is Not Quite Big Enough
There is more to litigation support than expert witness testimony; it is actually a growing industry that can be of great help in legal cases. With real estate cases comes mountains of paperwork and a lot of document retrieval. Your paralegals and legal assistants may be swamped in other areas of the case, trying to sort evidence and gather witnesses, etc. Consider outsourcing litigation support services in Arkansas to perform document retrieval tasks that your team is too busy to do. If your team is spending time on trivial tasks, it is time to hire a litigation support service team.
Your Case Relates to a Specific Topic
If your case relates to a specific real estate topic, it is time to hire a litigation support service team to help you with your expert real estate witness report and give your team insight they wouldn’t normally have access to. This relates back to the process of hiring an expert witness. Though you may have the brightest legal team around, your team probably does not specialize in the buying and selling of commercial real estate property. Your expert witness’ real-life experience of the real estate industry (or more likely, the specific subcategory within the industry) that relates to your real estate trial is something you’ll be glad you have access to whether you actually go to trial or not.
Reasons An Expert Witness Will Help Your Case:
- Witnesses have experienced historical data related to your case. They have actually lived the historical data you are probably seeking. Who better to tell the story than someone who has actually been there and done that?
- More often than not, having an expert witness means settling your case. Just the knowledge that your real estate expert witness could share in court could be what you need to convince the other party to settle before it gets that far.
- An expert witness gives more than a simple testimony. He/she can speak in a scholarly, professional manner about your legal case.
- An expert witness will provide insight that you may not have been aware of before your case. An expert witness gives you another way to look at your case, because of the insight they organically have from being an expert in their field.
If You Need Litigation Support Services Contact Ferstl Valuation Services Today
Our trained litigation support services professionals will assist you with your Arkansas real estate case. We look forward to helping you settle your case in a timely and organized manner. Our professionals can assist you as expert witnesses, with real estate consulting, investment analysis, and more. For information on your specific case, please contact us to schedule a consultation.
