CHALLENGES TO FINANCIAL EXPERT TESTIMONY HAVE INCREASED SIGNIFICANTLY SINCE THE DAUBERT & KUMHO CASES

In recent years, challenges to the financial expert testimony have increased significantly. Since the Daubert and Kumho cases, there have been an increasing number of testifying experts subjected to challenges by opposing counsel in an attempt to prevent them from testifying. However, many prominent members of the legal community have recently acknowledged that with the rapid increase in financial fraud cases and complex divorce cases, the admissibility of the expert’s testimony needs to be elucidated.

In this broadcast of Forensic Perspectives, forensic accounting expert and frequent expert witness Mark S. Gottlieb discusses cross examining financial expert witnesses with attorney Mark H. Sobel.