Damages experts point to areas of practice growth

BVWireIssue #247-4
April 26, 2023

economic damages & lost profits
damages, lost profits, reasonable royalty, infringement

Damages related to cannabis firms, cryptocurrency, and intellectual property are on the rise, according to the editors of the recently released 7th edition of BVR’s Comprehensive Guide to Economic Damages. The guide includes new as well as revised chapters on these topics, co-written by damages experts and attorneys to give added perspective.

Valuation and damages experts Jimmy Pappas (Marcum) and Bill Scally (Marcum) along with attorney Steve Veenema (Murphy & King) continued in their role as editors, corralling over 70 financial experts and attorneys for the two-volume guide’s 50 chapters. While the task was extremely challenging, it was also stimulating and insightful, the editors tell BVWire. Working on a project such as this exposes you to the latest thinking by top experts in their fields of specialty.

Breaking in: Valuation for damages purposes is not that much different than for other purposes. Experts wanting to break in should specialize in some specific area of damages and/or industry sector. Attorneys will hire a damages expert who has never testified before if they bring some special knowledge to the table.

The guide is now available from BVR, but, if you have the BVResearch Pro platform, the new edition is already in your library at no extra cost.

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