Michael F. Richards
Manhattan, MT 59741
Office: 406-581-8797
Michael F. Richards has testified as a banking expert witness over 55 times since starting his expert witness practice in 2009. He has been retained in over 150 cases in 40 states, plus Puerto Rico.
Michael F. Richards has over 34 years of banking experience as a President and CEO, Special Assets Manager, Loan Officer, Bank Founder and Organizer, and Bank Director. He provides consulting and expert witness testimony for bank related state and federal cases nationally. He represents both plaintiffs and defendants equally.
In 2009 Mr. Richards began his consulting and expert witness career, serving financial institutions, borrowers and third parties. He has qualified in federal and state courts as an expert witness. He has also qualified as an expert witness in a federal criminal case. He is qualified in all areas of commercial banking but has a special expertise in large complex commercial real estate loans, large commercial loans, agricultural loans, real estate loans, and consumer loans.
- Banking
- Bankruptcy
- Business
- Commercial Real Estate
- Construction Lending
- Consumer Credit
- Credit Damage
- Elder Financial Abuse
- Finance
- Fraud Investigation
- Mergers & Acquisitions
- Mortgages
- Payments
- Real Estate Finance
- White Collar Crime
- Q: On how many occasions have you been retained as an expert?
- A: I have been retained as an expert witness in the area of banking over 150 times in the past 16 years.
- Q: For what area(s) of expertise have you been retained as an expert?
- A: Banking and finance.
- Q: In what percentage of your cases were you retained by the plaintiff?
- A: 49%
- Q: In what percentage of your cases were you retained by the defendant?
- A: 51%
- Q: On how many occasions have you had your deposition taken?
- A: Forty-two times as an expert witness.
- Q: When was the last time you had your deposition taken?
- A: March 2026.
- Q: On how many occasions have you been qualified by a court to give expert testimony?
- A: I have never been denied.
- Q: On how many occasions have you testified as an expert in court or before an arbitrator?
- A: Seventeen times.
- Q: For how many years have you worked with the legal industry as an expert?
- A: Sixteen years.
- Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
- A: Consulting, expert report writing, testifying, document review, discovery assistance, and deposition question assistance.
- Q: What is your hourly rate to consult with an attorney?
- A: My current hourly rate is $600.00.
- Q: What is your hourly rate to review documents?
- A: My current hourly rate is $600.00
- Q: What is your hourly rate to provide deposition testimony?
- A: $750.00
- Q: What is your hourly rate to provide testimony at trial?
- A: $750.00
- Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
- A: My hourly travel rate is $600.00 and reimbursement for all travel expenses.
References upon request.