Overview
Litigation and settlement negotiations often entail the valuation of
competing damage claims. Damages can typically be thought of as the
financial difference between what “would have” happened
but for an allegedly wrongful act and what actually happened. Accordingly,
damage estimation usually involves both theoretical construction of
events that never occurred and accurate assessment of what did occur.
Economic damage claims can only be evaluated and analyzed using economic
analysis.
EI economists and financial analysts combine the skills needed to
estimate damages and present the results in court or settlement negotiations.
They use economic modeling, econometric estimation, and accounting techniques
to produce sound and understandable presentations.
EI personnel have analyzed damage claims and presented testimony relating
to damages in federal and private antitrust cases, Lanham Act cases,
breach of contract cases, breach of fiduciary duty cases, and other
civil litigation matters.
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