“The first time one of my reports went through review, I called the office and said ‘stop the presses’ on other reports going through,” laughed Aaron Caya (Director of Doreen Mayhew’s Litigation Support & Forensic Services Group, email@example.com). “You can always improve the quality of your own work product. “
But, learning to provide review services can also be a major business development benefit, too. Caya mentioned engagements like:
- Assisting counsel with Daubert challenges
- Providing stakeholders with independent opinions of their expert’s work product
- Assisting triers of fact with reconciliation of divergent valuation conclusions
- Possibly defending against penalties under the new IRC 6695A
Further note: ABAR reviews are private, though as one attendee commented “reviews can always come out in court once they’ve been placed in evidence.“ There was some debate about whether review reports should be submitted to malpractice carriers, but there’s no part of the review process itself that isn’t private.