What is an Expert Witness?


We’re advocating their positions based on Florida law, and we are taking positions that we believe in our client’s best interest. But when you go to court, we can’t testify. I can’t testify for my client. Only people who testify are witnesses. So my client can testify, but if my client doesn’t understand the business of their spouse or my client is the business or whatever, you still don’t want them to be the one opining.

What you need to do then is hire an expert, and that expert is the one that would then. Give the testimony necessary in order to value a business. When you value business, you have to understand discounts. You have to understand marketability. You have to understand EBITDA. All those things come into play when you are valuing a business and you want that person that you’re hiring to understand the business and be able to opine as to the value of that business.

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