In business damages cases, our experts evaluate data pertaining
to the business and industry and determine measurable damages based on
reliable and relevant principles and methods.

Data Gathering

The types of data collected to calculate damages in a lost profits case depend on the circumstances of the case.  To prepare an accurate report, data that may be collected includes agreements between contesting parties, financial and marketing documents from each party, and information on market and industry conditions.

Assumptions

The expert may have to forecast industry and company demand, study company market share, and review company revenue and costs to arrive at expected lost profits.  Our expert also forecasts competitor's market shares, market conditions and discounts future profits to present value. 

Report and Opinions

Our expert may be asked to develop a report, respond to an opposing expert's report, attend a deposition, review deposition transcripts, give a deposition , and/or provide testimony at trial.

In preparing a report, the expert will rely on the data gathered and the assumptions made to calculate the present value of lost profits and other business damages.  The calculations and opinions in the resulting report will comply with the standards set by the relevant state and/or federal regulations, court decisions, and rulings.  The expert's final opinion will be fair and relevant and will benefit the trier of fact in his/her efforts to arrive at a fair decision.

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