The subject of business valuation is a critical one for lawyers in many areas, including family, corporate and tax law, and estate and financial planning. The latest edition of The Lawyer's Business Valuation Handbook, just published by the ABA and once again penned by business valuation expert Shannon Pratt, is a terrific legal reference that helps attorneys understand and evaluate complex expert reports and testimony on business valuation issues.
Pratt has extensive experience as an expert witness in many federal and state courts around the country. Built around the legal and factual settings a lawyer is apt to encounter, most sections of the 675+ page handbook include illustrative "Questions to Ask" that can be employed to gain a better understanding of the expert's treatment of the subject matter. Extensive case citations to courts' positions on all types of business-valuation issues are also included.