Litigation Support Growing Beyond Valuation
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Source: Accounting Today In 2000, the federal rules of evidence, for the first time, allowed expert witnesses to give opinions based on their special knowledge to help triers of fact interpret evidence or determine facts. Previously experts could give such testimony only if the facts were beyond the grasp of jurors. As a result, the use of expert witnesses has increased, not only in the courtroom, but in pre-trial proceedings. Judges determine the acceptability of expert testimony. It is therefore, crucial to establish the basis for your expertise, and credentials are an important element in that. Some common litigation support engagements include valuation of business and other assets in divorce proceedings, disputes concerning contract violations, lost earnings calculations in personal injury cases, organizing data, financial statement analysis, insurance claims, debtor and creditor representation in bankruptcy, lost business opportunities, etc. Much of your referrals will come from attorneys for whom you have done valuable work, or from the opposing side, who wants you on its side in the next case. Listed below are the litigation credentials available.
From Accounting Today, |