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Forensic & Valuation Services Conference 2020


FVC2052 - Attorneys View - Planning Credible Lost Profits Analyses for Experts


Nov 11, 2020 2:50pm ‐ Nov 11, 2020 4:05pm

Description

Financial experts face many challenges when they perform their diverse roles in preparing estimates of lost profits in litigation matters. Developing credible expert opinions for economic damages requires the financial expert to carefully consider the materials available or to be obtained and the approaches/assumptions to be utilized, and to support/substantiate the estimates being proffered.  This presentation focusses on certain factors, from an attorneys' perspective, that financial experts should consider when preparing and executing the subject analyses. Financial experts can improve their outcomes by properly planning and executing each of the five factors.  During the program the speakers will refer to certain cases that discuss the critical factors and provide observations.

Learning Objectives:
  • Help the financial expert better understand that the risks in determining lost profits analyses is important and unique for each matter (where it is appicable).
  • Understand the framework/guidance necessary to document, develop, and establish credible lost profits analyses based on the subject dispute.

Speaker(s):

  • Karl Dial, Greenberg Traurig, LLP
  • Robert P. Gray, CPA, CGMA, ABV, CFF, CFE, Member/Principal, Gray Schrupp & Associates PLLC
  • Rob Kester, CPA, ABV, CFF, Senior Manager, Blue & Co., LLC

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