Stan V Smith, Ph.D.

Stan V Smith, Ph.D.

Smith Economics Group, Ltd.
1165 North Clark Street Suite 600
Chicago, IL 60610
Office: 312-943-1551
Fax: 312-943-1016

Founded by Stan V. Smith, Ph.D., Smith Economics Group provides expert Economic and Financial consulting. With over 4,000 clients, nationwide, and cases in almost every state, SEG provides state-of-the-art economic analysis. Dr. Smith has been featured on the front page of the Wall Street Journal, on Larry King Live, in the ABA journal, and in dozens of other legal publications. Many law review articles have been written about the landmark cases in which Dr. Smith has pioneered economic testimony. Dr. Smith has consulted to many of the 9/ll Victim Compensation Fund, and to legislators in many states regarding caselaw. Trained by the Nobel winning faculty at the world-renowned University of Chicago, Dr. Smith and his staff apply unparalleled expertise to a broad spectrum of economic and financial problems including personal injury, commercial cases and credit damages. The firm absolutely guarantees your satisfaction in every respect.

Areas of Expertise
  • Business
  • Business Interruption
  • Business Valuation
  • Compensation
  • Consumer Credit
  • Credit Damage
  • Economics
  • Finance
  • Health Care Economics
  • Labor Economics
  • Statistics
  • Wrongful Termination

Expert Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:
A: B.A. Cornell University
M.B.A. University of Chicago
Ph.D. Economics - University of Chicago
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: American Economics Association
National Association of Forensic Economics (Former Vice President)
Q: Please list any teaching or speaking experience you have had, including subject matter:
A: University of Chicago - Lecturer
DePaul University - Adjunct Professor
Speaker, Annual Meetings of the American Bar Association
Defense Research Institute, Medical Malpractice Seminar
Larry King Live, CNN
University of Chicago 1982 Annual Management Conference
Swiss Re American Annual Claims Conference
National Institute for Trial Advocacy (NITA), Seventh Annual Washington DC Masters Advocacy Program
American Law Institute-American Bar Association, Video Presentation
Annual Meetings - Association of Trial Lawyers of America

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: Several Thousand Times over 20 years.
Q: For what area(s) of expertise have you been retained as an expert?
A: Economics and Finance
Q: In what percentage of your cases were you retained by the plaintiff?
A: 65 percent
Q: In what percentage of your cases were you retained by the defendant?
A: 35 percent
Q: On how many occasions have you had your deposition taken?
A: Over 1,000 times
Q: When was the last time you had your deposition taken?
A: I give deposition testimony on average 1.5 times per week.
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: Over 500 times
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: Over 500 times in virtually every state and federal juristiction.
Q: For how many years have you worked with the legal industry as an expert?
A: Over 20 years.
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A: Consulting, Expert Damage analysis Reports, Testimony at deposition and Trial.
Q: What is your hourly rate to consult with an attorney?
A: 405 per hour. Free initial consultation.
Q: What is your hourly rate to review documents?
A: 405 per hour.
Q: What is your hourly rate to provide deposition testimony?
A: 405 per hour.
Q: What is your hourly rate to provide testimony at trial?
A: 405 per hour.
Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
A: Actual travel expenses at economical rates.


Mr. James W. Jennings
US Department of Justice
Western District of Texas
601 NW Loop 410
San Antonio, TX 78216

Todd Smith
ATLA President
Powers Rogers & Smith
70 W. Madison, Suite 5500
Chicago, IL 60602

Michael Hance
Franklin & Hance
505 W. Ormsby Avenue
Louisville, KY 40203

Alice Dolan
Dolan & Nisivaco
120 N. LaSalle, Ste. 2850
Chicago, IL 60602

Hundreds of others available upon request in virtually every state.