Measures of Damage
We provide information and simplified explanations to enlighten the judge and jury of issues affecting the calculation of damages through clear testimony. By breaking down complex financial and economic analyses into digestible tables and graphs, we help attorneys educate triers of fact on the elements and amounts of damages and help attorneys focus their efforts where needed.
The measure of damages and type of analyses in commercial litigation are specific to the type of litigated matter. Forensic accounting typically is necessary to account for the amounts of revenue, expenses, profit and losses, investments, and amounts paid and due to the various parties. Often, books and records are not correctly stated and many items are overlooked or misstated, or the records are “in shambles” and a detailed accounting from source documents is necessary to be able to determine a business’ profitability and amounts owed by the various parties.
- Types of Analyses
- Lost Profits
- Unjust Enrichment
- Out-of-Pocket Expenses
- Reasonable Royalties
- Lost Value of the Business
- Punitive Damages
- Forensic Accounting
- Fraud Investigation
- Standard of Care in Malpractice Matters