Complex Damages Analysis
BDO Consulting’s Complex Damages Analysis practice assists law firms and organizations with matters that involve the calculation of complex damages in litigation matters, for both plaintiffs and defendants. Our seasoned professionals have a broad range of complementary skills and certifications with significant experience calculating actual and compensatory damages in matters that involve claims related to breach of contract and business torts. We understand the types of records prepared by organizations and the analytic methods necessary to advise clients regarding the amount of lost profits and other measures of damages.
BDO Consulting’s approach to complex damages analysis is built on high-caliber talent with a broad understanding of economic damage related concepts such as causation, foreseeability and mitigation.
Expert Witness Services
BDO Consulting professionals often provide expert witness testimony on behalf of both plaintiffs and defendants based on our extensive accounting backgrounds and previous experience in complex damages matters. Whether the dispute resolution forum is trial, arbitration or mediation, our witnesses typically present their findings in the form of an expert report, supported by financial analyses, charts and graphs.
Having provided expert and deposition testimony as Rule 26 witnesses in federal court, state courts and other arenas, our partners and senior practitioners approach complex damages analyses with experience as persuasive and credible witnesses capable of withstanding rigorous cross-examination while maintaining independence and objectivity.
Consulting Services
BDO Consulting has often been retained on behalf of a party in a litigation matter as a complex damages consultant. Our work in this role begins with gaining an understanding of the issues in dispute. We then work with counsel and the client to develop a strategic approach to address the complex damages issues. Frequently, our professionals assist with the selection of an appropriate testifying witness—either from BDO Consulting, industry, academia, or specialty consulting firms—and work with counsel to prepare the witness for hearings. Often we assist by preparing various analyses and discussing the strengths and weaknesses of each party’s damages analysis with counsel.
We also assist counsel in preparing for the depositions of the opposing party’s damages expert and, if requested, attend the deposition in order to provide further assistance to counsel. We also assist clients in evaluating settlement offers.