Thomas Roney LLC is an economic consulting firm specializing in economic damages calculation and expert testimony for attorneys throughout the country. Our team includes experienced economic, finance and forensic accounting experts and consultants. We specialize in personal injury, employment, commercial damages and intellectual property matters. Our experts have testified in deposition, arbitration and court.
Thomas Roney and Barry J. Seldon, PhD. help you be more effective with your case by providing timely and accurate assessments for litigation and settlements. We always serve you and your clients in a professional and cost-effective manner. Our initial consultation is free.
Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:A: Completed all course work towards a Doctorate in Economics, Washington State University (ABD, 1983). Fields of specialization included Labor Economics and Industrial Organization.
Bachelor of Arts in Economics, Cum Laude, Washington State University (1980).
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: National Association of Forensic Economists; American Academy of Economic and Financial Experts; Collegium of Pecuniary Damages; Associate Member of Tarrant County Bar Association; Associate Member of Tarrant County Young Lawyers Association; Dallas Association of Young Lawyers, Associate Member; American Economic Association; Western Economic Association International.
Q: Please list any teaching or speaking experience you have had, including subject matter:
A: Lecturer, teaching courses in Principles of Economics, Intermediate Macro and Micro Economic Theory at California State University, Washington State University and California community colleges (1983 - 1994).
I have presented CLE programs and spoken on issues relating to the determination of economic damages to the following groups:
National Association of Forensic Economics at the Western Economic Association International conference, Vancouver, British Columbia, Canada (July, 2009);
Collegium of Pecuniary Damages Experts conference, Las Vegas, NV (April, 2009).
National Association of Forensic Economics at the Western Economic Association conference, Honolulu, Hawaii (July, 2008).
National Association of Forensic Economics at the American Economic Association conference, New Orleans, Louisiana (January, 2008);
National Association of Forensic Economics at the Western Economic Association conference, Seattle, Washington (July, 2007);
American Association of Legal Nurse Consultants, Dallas Chapter (2007) and Greater Houston Chapter (2007);
Dallas Bar Franchise Section (2007);
Dallas Area Paralegal Association (2006);
Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
A: No.
Q: On how many occasions have you been retained as an expert?
A: Hundreds of times.
Q: For what area(s) of expertise have you been retained as an expert?
A: The calculation of economic damages in personal injury, wrongful death, wrongful termination, loss profits in commercial litigation, lost revenues in trademark litigation, and the measure of cost of life care plans in present value dollars.
Q: In what percentage of your cases were you retained by the plaintiff?
A: Approximately 2/3 of my cases are with plaintiff attorneys.
Q: In what percentage of your cases were you retained by the defendant?
A: Approximately 1/3 of my cases are with defense attorneys.
Q: On how many occasions have you had your deposition taken?
A: Approximately forty times.
Q: When was the last time you had your deposition taken?
A: September 8, 2009.
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: About 14 times.
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: About sixteen times. I have also testified as an economic expert before the Special Master in six Victims Compensation Fund matters, and once in a contested case hearing on an employment matter.
Q: For how many years have you worked with the legal industry as an expert?
A: About 18 years.
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A: We offer Economic Consulting, including critiques of opposing expert reports or testimony; Expert reports; and Expert testimony.
Q: What is your hourly rate to consult with an attorney?
A: $300 per hour. Our initial consultation on any case is free.
Q: What is your hourly rate to review documents?
A: $300 per hour. All documents are reviewed by Principals.
Q: What is your hourly rate to provide deposition testimony?
A: $300 per hour, with a four hour minimum.
Q: What is your hourly rate to provide testimony at trial?
A: $300 per hour, with a four hour minimum.
Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
A: I charge a flat fee, portal to portal, of $300 for travel time outside our offices in Dallas, Fort Worth and Houston. Travel expenses, substantial copying, and other out-of-pocket expenses are billed as incurred.
References
Kenneth Pete TrosclairThe Corea Firm, P.L.L.C.
325 N. St. Paul
Suite 4150
Dallas, Texas 75201
(214) 953-3900
kpt@corealaw.com
Maria L. Wormington
Van Wey & Johnson
3100 Monticello Avenue
Suite 500
Dallas, Texas 75205
(214) 265-7600
mwormington@vanweyjohnson.com
