Austin, Texas — Serving Clients Nationwide
Texas Economic Damages Expert Witness & Forensic Economists
IAMECON is an Austin-based economic damages expert witness and forensic economics firm serving law firms across Texas and nationwide. Our PhD economists provide expert witness testimony, litigation support, and computational modeling in antitrust, patent infringement, employment, personal injury, and wrongful death matters — in Texas state courts, the Business Court of Texas, all four federal districts of Texas, and the Fifth Circuit.
Economic Research & Modeling
We Quantify Your Story
Our team delivers rigorous economic research and computational modeling for government agencies, nonprofits, law firms, and corporations. We combine academic theory with advanced data science — including IMPLAN modeling, NLP, and machine learning — to conduct regulatory impact analyses, socio-economic impact studies, cost-benefit analyses, and market share research. Our work has been awarded over $1.5 million in grants from the NSF and SBA.
Litigation and Economic Consulting
Economic Damages Expert Witness Services for Texas Law Firms
Our team has experience in providing consulting services and expert witness testimony for law firms in antitrust, patent infringement, insurance, trade secret, personal injury and employment cases. Our team of experts have testified in cases involving industry giants such as Facebook, Google and Walmart. Read more about our case history below:
Regulatory Impact Analysis
We Provide our High Impact Sustainability
Partners with Analytical Muscle Power
One of our firm’s major focuses is sustainability, with clients who work in human rights, animal welfare, sustainable food systems, the alternative protein industry, and more. We perform scholarly research in order to offer the best solutions, and, importantly, to contribute to the scientific community. We believe it is imperative to approach the complexity behind sustainability immediately and with a strong partnership between academic research and industry applications. Check out some of our projects below:
Practice Areas
IAMECON provides economic consulting, damages expert testimony, forensic economist services and data analysis services across a wide range of industries.
We have particular depth in cases involving technology companies, industrial supply chains, and regulated markets.
What Does an Economic Damages Expert Witness Do?
An economic damages expert witness quantifies the financial harm at the center of a lawsuit and explains that calculation to a judge or jury. When a business is injured by anticompetitive conduct, a patent is infringed, an employee is wrongfully terminated, or an individual suffers a catastrophic injury, the dollar value of the loss is rarely obvious. It has to be modeled by reconstructing the “but-for” world that would have existed absent the wrongful act and measuring the gap between that world and reality.
That work has several parts. The expert first identifies the correct measure of damages for the claim and jurisdiction: lost profits, lost earning capacity, diminished business value, antitrust overcharges, reasonable royalties, or the cost of household services. Next comes the analysis, gathering financial records, market data, and industry evidence, then applying peer-reviewed economic methods to produce a defensible number. At IAMECON, that means custom models built for each engagement, from time-series econometrics and Monte Carlo simulations to large-scale data analysis of the underlying industry.
The expert then documents everything in a written report that lays out the assumptions, data, and methodology so opposing counsel and the court can scrutinize it. Finally, the expert defends the opinion through deposition, Daubert or expert-qualification challenges, and cross-examination at trial. A damages opinion is only as valuable as its ability to withstand that pressure.
Choosing the right expert matters. Courts increasingly expect rigorous, reproducible methods rather than rules of thumb, and a weak or poorly supported damages model can be excluded before the jury ever hears it. IAMECON’s PhD economists combine academic research standards with real courtroom experience, building damages analyses designed to hold up from the first draft of the report through the last question on cross.
Insights
Track Record
$156M
ANTITRUST VERDICT
MMSteel — Antitrust Boycott in Steel Distribution
Our team built a predictive model for the steel distribution industry to simulate the competitive landscape absent the antitrust boycott. The jury awarded $156 million in damages, a verdict upheld by the U.S. Court of Appeals for the Fifth Circuit and later denied review by the U.S. Supreme Court.
$90M
Patent Settlement
Skyhook v. Google, Inc. — Patent Infringement & Lost Profits
Working alongside Prof. Stephen Magee, our economists calculated business damages including lost profits and patent infringement losses against Google. The case settled for $90 million immediately before trial, based on advanced time-series econometric analysis and predictive modeling.
5th Cir.
Appellate Victory
Texas Package Stores Association v. Walmart
Dr. Ikizler's expert testimony, including predictive modeling and industry-wide economic analysis, helped TPSA successfully intervene in Walmart's challenge to Texas alcohol distribution laws. The Fifth Circuit returned the ruling in favor of TPSA.
SCOTUS
Supreme Court Citation
National Pork Producers Council v. Ross — Proposition 12
IAMECON's economic research and Amicus brief analyzing California's Proposition 12 was cited by the Supreme Court in its majority opinion, helping to uphold the state's authority to set animal welfare standards for products sold within its borders.
International Trade Commission
Federal Testimony
International Trade Commission — SOI Wafer Imports
Dr. Ikizler testified before the U.S. International Trade Commission as an economic expert analyzing the impact of restricting SOI wafer imports on U.S. manufacturing, helping to establish the domestic industry prong.
Forensic Economics Services in Texas
Forensic economics applies economic theory and statistical analysis to the questions that arise in litigation and disputes. IAMECON provides the full range of these services to law firms across Texas and nationwide, from the initial assessment of a claim through expert report preparation, deposition, and trial testimony.
Our forensic economists work across the matters Texas litigators handle most. In commercial cases, we quantify antitrust overcharges and lost profits, patent-infringement damages, trade-secret misappropriation, and business-valuation disputes. In employment matters, we calculate back pay, front pay, and lost benefits. In personal injury and wrongful death cases, we measure lost earning capacity, the value of lost household services, and future medical and life-care costs, discounted to present value.
Every engagement rests on the same foundation: transparent data, peer-reviewed methodology, and models tailored to the facts of the case rather than pulled off a shelf. Our team draws on time-series econometrics, Monte Carlo and predictive modeling, IMPLAN economic-impact analysis, and NLP-driven research of large datasets, the same tools our economists use in grant-funded academic research.
We appear in the venues where Texas cases are decided: Texas state district courts, the Business Court of Texas, the four federal districts of Texas (Northern, Southern, Eastern, and Western), and the U.S. Court of Appeals for the Fifth Circuit, as well as the U.S. International Trade Commission and arbitration proceedings nationwide. Founded in Austin in 2018 and led by Dr. Devrim Ikizler, IAMECON brings testimony and economic research that federal juries have relied on and the U.S. Supreme Court has cited.
Need a forensic economist for a Texas matter? We will discuss the case and the appropriate damages framework before you engage us. Book a 30-minute consultation.
Why IAMECON?
Founded in 2018 in Austin, Texas by Dr. Devrim Ikizler, IAMECON — Intelligent Analytics and Modeling, Inc. — was built to bridge the gap between cutting-edge academic research and real-world economic problems.
Dr. Ikizler serves as the firm's lead damages expert, providing testimony and economic analysis in federal and state courts, the U.S. International Trade Commission, and arbitration proceedings nationwide. He has been recognized by a federal jury as "the most trustworthy and reliable expert" among all testifying experts in a patent infringement trial against Amazon, and his research has been cited by the U.S. Supreme Court.
Our team develops custom economic models tailored to each engagement — from Monte Carlo simulations and Markov equilibrium frameworks to time-series econometric analyses and large-scale NLP-driven consumer research. In litigation, we build predictive damages models grounded in peer-reviewed methodology and stress-tested through deposition, Daubert hearings, and cross-examination at trial.
Beyond the courtroom, our economic research has earned federal grants totaling over $1.5 million from the National Science Foundation and the Small Business Administration. Our clients include the U.S. Department of Defense, BlackRock Investments, the Attorney General of Massachusetts, the Humane Society of the United States, and leading Am Law 100 firms.
