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When facing litigation, you need all the help you can
get to ensure success. In addition to a good lawyer, your litigation team can benefit from the services of a valuation professional.
A competent valuation professional brings experience and insight into intricacies of the business that a lawyer -- whose focus
is on intricacies of the law -- doesn’t have time to delve into.
A valuator can: Interpret a business’s financial
statements and other pertinent information; Determine damages resulting from a breach of contract or an intellectual property
infringement; Determine the value of a business in a corporate dissolution proceeding; or Evaluate the economic feasibility
of plans for bankruptcy and reorganization.
So, after deciding that you need an expert, how do you choose the best
one for the job? You need a screening process. Some questions to ask include:
•Is the expert a professional in the
field where you are seeking his or her expertise?
•Does the expert have significant testimony experience? Is any
of it in the field where you require assistance?
•Does the expert have good presence of mind and effective communication
skills?
•Has the expert received continuing professional training in the field where you’re seeking his or her expertise?
•Does the expert have any possible links with the client or opposing party that might call his or her testimony into question?
These are just a few points to consider. We have the expertise and experience you need, and would be happy to answer
your valuation questions.
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