Expert Witness/Consulting Services

At Lax & Neville LLP, our attorneys provide expert witness or consulting services regarding the general procedures and practices of the broker-dealer industry. Specificaly, our expert witness or consulting services regard the Protocol for Broker Recruiting, industry standards for the confidentiality of client lists and restrictive covenants, practices and procedure that relate to broker-dealer compensation, transitioning and retirement plans for financial advisors, the recruiting and retention of a registered representative/financial advisor’s book of business, and the sale and/or purchase of a registered representative/financial advisor’s book of business. The “book of business” is an asset of the financial advisor from which he/she derives revenue based upon the financial advisor’s clients’ assets under management

In the past, our attorneys have provided expert witness testimony in FINRA arbitrations on behalf of registered representatives/financial advisors regarding industry standards for confidentiality agreements, resignation procedures, client contact and/or solicitation and the effect of the Protocol for Broker Recruiting.

In divorce proceedings, a broker’s book of business can have substantial value, and an expert can assist in determining the proper value of that book of business. At Lax & Neville LLP, our attorneys have prepared expert reports in divorce proceedings involving a spouse who is employed in the financial services industry, as well as acted as consulting expert to trial counsel in divorce proceedings.

Our team at Lax & Neville LLP bring their experience as trial lawyers to all of their consulting and expert witness clients. This experience gives them the unique perspective of knowing how their opposition will try to impeach and/or undermine their reports or testimony, along with a manner in which they clearly explain complicated industry issues and rules to a arbitration panel and/or a judge. When they testify as experts, our team at Lax & Neville LLP know how to convey complex issues without undermining an arbitration panel and/or judge’s authority to instruct the jury on the law.

Contact Lax & Neville LLP for a free consultation. We are located on the corner of 41st Street & Broadway, New York. 

Client Reviews
The Lax & Neville team were total professionals in handling our case. They've clearly had quite a bit of experience handling complex legal matters in many jurisdictions and courts. I was impressed with their professionalism coupled with persistence in arguing a very complete and well-structured case. I highly recommend their services. Anonymous
I am very, very happy with the outcome of my case and my experience with Lax Neville could not have been better. The entire team of attorneys and staff are real professionals, they always had time to answer my many questions about my case. I was treated with compassion and respect. I am so grateful I chose to work with Lax Neville. Anonymous
This is an official " thank you" for all your hard work. It really was a pleasure to have you represent me, and I enjoyed seeing you, Rush and Sandra in action. I think Lax and Neville epitomizes the phrase "quality vs quantity". I think I told you before that I spent a lot of time researching firms; in this case things worked out, I picked the best firm. I hope I never need your services in the future, but if I do I know I found the best attorneys for these types of legal issues. Anonymous
What transpired at the [redacted] was nothing less than a truly masterful and exceptional experience regarding your intelligence, professionalism, preparedness for my case, teamwork and erudite knowledge pertaining to Securities Law, FINRA and the SEC. The facility and ease of how the case was handled, the systematic questioning of all the witnesses to obtain the facts necessary to prove our case, the preparation of the critically conclusive information and documents, the commanding coup de gras closing argument and your tireless consideration and respect for the Panel and [redacted] was, is and will continue to epitomize my feelings and conclusion that what transpired over those long three days was nothing less than raw and unabashed brilliance. Anonymous
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