Here are a couple of responses to last week’s BVWire survey on draft business valuation reports:
All drafts are incomplete and invalid work product, so after the delivery of the final product I shred all drafts and delete them from my computers.
Attorney involvement is limited to fact checking in areas where he/she may have more in-depth knowledge. I never send (or discuss) anything of substance to an attorney.
All my engagement letters state, "You should be aware that my policy is to destroy superseded drafts and work papers as I progress through the engagement."
What are your thoughts on sending a draft of your expert report on a litigation matter to the attorney with whom you are working? The survey is still open so please take it here and we’ll report the results in next week’s BVWire.
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