The headlines are filled with news of high-profile marital breakups, but those are just the very tip of the iceberg. U.S. divorces and annulments now top 800,000 per year, according to an article in AICPA Insights by valuation expert Neil Beaton (Alvarez & Marsal Valuation Services LLC). Beaton provides six tips for valuation experts in a high-stakes divorce engagement.
Network target: One tip he offers for boosting engagements in this area is to focus on your networking skills. “Divorce valuation is a unique niche, and those who are successful develop and maintain strong relationships with legal professionals in the same field and at the same level,” Beaton writes. The family law attorneys on the cases pick valuation experts, and, once you’re hired, “you will start to get referrals for other cases.”
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