Litigation Services Handbook, 2015 Cumulative Supplement: The Role of the Financial Expert, 5th Edition

PREFACE

Changes in legislation, case law, regulations, and the economic landscape continue to alter the considerations that financial experts must adopt in order to serve their clients well. Some chapters included in this supplement reflect those changes; others focus on skills that financial experts need in any economic and business climate.

We thank Sheck Cho, Stacey Rivera, and Kimberly Monroe-Hill—our liaisons at John Wiley & Sons—and acknowledge Debbie Asakawa's continued work in bringing Litigation Services Handbook publications to fruition.

Below is a summary of the chapters.

Chapter 4A. This chapter uses a wrongful discharge case to demonstrate how a financial expert can provide the court with a framework to evaluate the parties' assumptions and draw its own conclusions. Our authors posit that a successful model should address the opposing party's analytic approach and the parameters of its analysis, even if the expert disagrees with it.

Chapter 6A. In some litigation (particularly antitrust, intellectual property, and false advertising cases), one or both parties often either use or conduct surveys in order to research how the market conditions or economic climate for the goods or services can affect demand assumptions for the product(s) at issue. Consequently, experts and counsel need to understand survey methods and the appropriate use of survey data. This chapter will help them evaluate a survey's reliability and validity and enable them to use survey information correctly. ...