How to use the economic data in litigation—new guidance and update

BVLaw Alert has just posted an article written by Shannon Pratt (SPV), the “grandfather” of the modern business valuation profession, that guides attorneys and their experts on how to best use economic data in financial analysis reports prepared for litigation.

The new guidance from Pratt coincides with the current update to the Economic Outlook Update (EOU). A significant number of business appraisers use EOU as the basis for capturing the most significant trends impacting the future benefits streams of a business. The complete article is available on the EOU FAQs page; scroll down through the questions to: “Can I use the EOU in a litigation setting?” and click on the article link.