November 30, 2018 Articles

Tips for Working with Damages Experts to Establish Lost Business Value

Familiarity with common valuation methods and the evidence needed to support them is an essential part of working with your damages expert

By Brent K. Bersin

Assessing and measuring economic damages in commercial litigation typically requires the testimony of an expert witness. Economic damages are often assessed in terms of lost profits or lost business value. Before retaining an expert, be sure to familiarize yourself with the key concepts regarding the lost business value theory of damages and the related role of the damages expert.

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