Economic Damage Analysis
Focused on Solving Complex Matters
We’re here for you when you need damage analysis experts who are able to work closely with litigation teams to quantify economic damages as a result of a wrongful act. Whether we’re engaged to perform an economic damage calculation, or a valuation, our Litigation and Dispute Advisory Services produces the answers needed, so you can focus on what counts.
How Citrin Cooperman Can Help
We work closely with attorneys representing public and private corporations, insurance companies, governmental agencies, and individuals. Once engaged, it’s our job to assist in demonstrating that the damages incurred were foreseeable, that they were caused by the defendant, and that the amount of harm can be quantified to a reasonable degree of certainty.
You can count on us to:
- Assist counsel during the discovery process, identifying key documents required to develop a damage model.
- Develop a comprehensive damage model supported by appropriate economic and financial theories.
- Analyze company, industry, and general economic data to ascertain the appropriate risk in achieving the claimed damage stream.
- Prepare a well-documented expert and/or rebuttal report, supporting the selected amount, and measure of damages.
- Testify at a deposition and assist counsel during the course of the opposing expert’s deposition.
- Testify at a trial and assist counsel during the course of the opposing expert’s trial testimony.
- Assist counsel, if necessary, in post-trial proceedings.
We focus on each engagement with a highly integrated group of forensic accountants, finance and economic specialists, and valuation experts. Our damage models, expert reports, and expert testimony enhance the chances for a successful outcome for each engagement. We participate in representative engagements across the legal spectrum and are accessible during all phases of litigation.
Our team is comprised of an impressive combination of professionals including Certified Public Accountants (CPA); Certified Fraud Examiners (CFE), Certified Insolvency & Restructuring Advisors (CIRA), Certification in Distressed Business Valuation (CDBV), Certified Turnaround Professionals (CTA); professionals with certifications issued by the American Institute of CPAs, including Accredited in Business Valuations (ABV) and Certified in Financial Forensics (CFF); Chartered Financial Analysts (CFA), Accredited Senior Appraisers (ASA), Certified Valuation Analysts (CVA), and attorneys.
