DM&A consults on economic damage issues for businesses and individuals in connection with a wide variety of legal matters. We approach each assignment objectively and develop highly credible opinions of loss. By coupling the legal theory of the case with sound economic, financial, and accounting analysis, we produce an accurate and defensible assessment of economic damages. DM&A provides services for a wide range of cases, such as:
- Breach of contract
- Partnership and shareholder disputes
- Business interruption
- Personal injury
- Marital dissolution
- Construction disputes
- Wrongful termination
- Employment class actions
The determination of damages in litigation involves the application of economic, financial, and accounting principles to specific circumstances. The basis for the measurement of damages typically arises from a comparison of actual financial results (subsequent to the alleged wrongful conduct) to the financial results that would have occurred “but for” the damaging event. The development of the “but for” scenario requires sophisticated problem solving and often involves the preparation of financial projections. A supportable projection model entails quantitative and qualitative analysis in which factual data is supported by independently researched and highly supportable assumptions.
In addition, damage analyses often require an in-depth review of relevant documentation and testimony transcripts to assess causation. DM&A regularly assists attorneys in the analysis of causation issues to establish a foundation for legal liability. Further, we often contribute to the discovery process by providing input on document requests, interrogatories, and deposition strategy.
DM&A partners are experienced at providing deposition and court testimony regarding their findings. Intrinsic to our success in the courtroom is our ability to present complex accounting, economic, and financial issues in a clear and concise manner.