Cost Behavior Analysis in Lost Profits Damages: Calculation Methods, Best Discovery Practices
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide guidance to litigators on properly estimating business costs in order to analyze lost profits damages. This panel will discuss important concepts of cost behavior analysis and avoided costs so that attorneys can identify arguments for or against certain damages during litigation.
Outline
- Overview of cost behavior analysis
- Impact of avoided costs on calculating lost profits damages
- Standard methods for estimating avoided costs and lost profits damages
- Best practices for attorneys to aid experts in cost analysis
Benefits
The panel will review these and other relevant topics:
- What are "avoided costs"?
- How do avoided costs impact lost profits analysis?
- How do experts calculate lost profits damages?
- What information and data must be collected by attorneys during discovery to aid in lost profits calculation?
Faculty
Joseph W. Lesovitz, CPA/ABV/CFF, CFA, CFE
Partner, Litigation and Advisory Services
Citrin Cooperman
Mr. Lesovitz is a partner in the Valuation and Forensic Services Practice. With over 15 years of experience, he... | Read More
Mr. Lesovitz is a partner in the Valuation and Forensic Services Practice. With over 15 years of experience, he specializes in calculating damages in complex commercial litigation and in providing financial consulting and forensic accounting services to attorneys, public and private corporations, insurance companies, and governmental agencies. Mr. Lesovitz has been qualified as an expert and presented testimony in depositions and trials in federal court, state court, and arbitration.
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Jason S. McManis
Partner
Ahmad Zavitsanos & Mensing
Mr. McManis has helped clients successfully pursue patent infringement claims against some of the largest corporations... | Read More
Mr. McManis has helped clients successfully pursue patent infringement claims against some of the largest corporations in the world. He also has experience defending corporations against accusations of patent infringement made by their largest competitors. In his business litigation practice, he has helped company founders fight to get their rightful share after their business partners have unlawfully forced them out of the company and successfully defended business partners against dissolution and breach of fiduciary duty claims in a jury trial. Mr. McManis was named on the 2018 Texas Rising Stars list for his excellence in intellectual property litigation. Rising Stars, a list compiled by Thomson Reuters’ Texas Super Lawyers, honors leading attorneys age 40 and younger and those who have been in practice no more than 10 years.
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