The September 2019 issue of Business Valuation Update contains the latest in a series of articles that we call “Tales From the Trenches.” In this installment, veteran appraiser Jim Alerding (Alerding Consulting LLC) tells the story of four engagements in which he effectively used statistical sampling and regression in litigation settings. “It is important, as an expert in a litigation, that you have the proper training and knowledge of the methods and analyses you use in determining damages,” Alerding writes. “If you do not, then it is imperative that you either acquire that knowledge yourself or engage another professional to provide the professional opinion needed to complete the engagement.” The “Tales From the Trenches” series contains important lessons to be learned based on the experiences of seasoned valuation experts. While you may be able to find some of this advice in books, the nuances can only be found in the minds of the experts who have lived through many engagements. Do you have a tale to tell? Contact the Business Valuation Update editor at andyd@bvresources.com.