In the financial industry, litigation becomes much more complicated as it often deals with transactions, money, and paper trails. If your financial institution is facing litigation, here are a few tips to follow:
While your team of legal professionals will be able to help you make your case to defend or to pursue the financial litigation you are involved with, having an expert witness banking consultant is extremely important. These consultants are trained and have many years of experience being in courtrooms helping the defense or prosecution clearly explain the complicated financial dealings associated with the case. Also being able to ask the correct question in a deposition environment is extremely important as the information and answers given by a defendant or witness can change the nature and outcome of the case at large.
Finding a consultant with years of experience in the banking industry, as well as having experience giving complex testimony is an absolute must to give you the edge when defending or prosecuting a case.
Making sure that your financial records are clear, and make sense is extremely important. If the case goes to a jury trial, having the ability to clearly show the evidence so that it makes sense to the common person is extremely important. In deposition situations, having all of the information to paint a clear picture of the issue is helpful to get better witness testimony, as well as apply pressure to those who may not be telling the truth in the situation. After all, the numbers don’t lie.
As you can see, dealing with financial litigation can be complicated, but it can become a much easier process if you have a consultation team that can make sure your books are accurate, as well as finding an expert witness banking consultant to help you give expert witness testimony about your financials.