Lost Profits and Damages Calculation: Everything You Need to Know in 2018
Analysis Group is one of the largest private economics consulting firms, with more than 800 professionals across 13 offices in North America, Europe, and Asia. Since 1981, we have provided expertise in economics, finance, health care analytics, and strategy to top law firms, Fortune Global 500 companies, and government agencies worldwide. Our internal experts, together with our network of affiliated experts from academia, industry, and government, offer our clients exceptional breadth and depth of expertise.
Website: http://www.analysisgroup.com/
Sikich LLP is a leading professional services firm specializing in accounting, advisory, technology and managed services. Founded in 1982, Sikich now ranks as the country’s 27th largest Certified Public Accounting firm and is among the top 10 of all enterprise resource planning solution partners in the country. From corporations and not-for-profits to state and local governments, we help our clients reach their long-term, strategic goals through a unique formula of products and services.
Website: https://www.sikich.com/
Epsilon is a firm of economists and financial analysts with experience at leading universities and consulting firms who specialize in economic analysis, analytics, and strategy. Epsilon is based in Chicago with global clientele including Fortune 500 companies and law firms across North America, Europe, and Asia. Epsilon specializes in economics and econometrics from senior academic and professional economists in high-stakes litigation cases involving antitrust & competition policy, intellectual property, international trade, finance & securities, life sciences, high technology, and valuation; statistical and data analytics for testing and decision making; and transfer pricing and valuation.
Website: https://www.epsiloneconomics.com/
Cornerstone Research provides economic and financial consulting and expert testimony in all phases of complex disputes and regulatory investigations. The firm has 700 staff and offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington DC.
Website: https://www.cornerstone.com/
Justin N. McLean, Managing Principal; M.S., industrial administration, Graduate School of Industrial Administration, Carnegie Mellon University; B.A., economics, Swarthmore College
Mr. McLean specializes in applying finance and economics to problems in complex business litigation, including securities, valuation, tax, and intellectual property matters. His experience spans several industries, from banking, insurance, and high technology to telecommunications and health care. He has served as an expert witness, and has provided assistance in many phases of litigation, including development, presentation, and review of pretrial discovery; preparation of testimony; and critique of analyses of opposing experts.
Mr. McLean’s case work has included general damages analyses, lost profit and reasonable royalty calculations related to intellectual property misappropriation, and assessments of fiduciary duties and investment management. In addition, he has evaluated the economic characteristics and risk transfer of a range of financial instruments, such as private mortgage insurance, subprime loans, and preferred equity in a new venture. He has led large case teams in a number of high-profile matters, including consulting to the U.S. Department of Justice regarding the financial issues involved in tribal trust fund disputes, and supporting counsel for a large electronics manufacturer in litigation associated with features on smartphones and tablets.
In addition, Mr. McLean has presented on topics related to damages assessment and patents. He has also worked with entrepreneurial companies, helping to develop financial projections, business plans, and marketing strategies.
Alex Brandon is a senior manager in Sikich’s Forensic and Valuation Services practice. He has approximately 10 years of experience in providing valuation and dispute advisory services to the business and legal community. Alex has extensive experience assisting clients in all phases of litigation, including early case assessment, discovery, document review, damages analysis, and trial preparation. He has performed analyses related to lost profits, diminution of value, economic loss, reasonable royalty, and unjust enrichment. He also has experience in researching economic and industry data, building financial models, applying forensic accounting techniques, and writing expert reports.
Prior to joining Sikich, Alex worked as an experienced valuation manager in Grant Thornton’s corporate finance practice and as a manager in RSM’s litigation and investigative services practice, where he provided business valuation, forensic accounting and litigation support services to middle and upper middle market clients.
Alexis K. Lavko specializes in the assessment of commercial damages using financial and economic analysis in matters involving intellectual property, complex commercial disputes, and various business issues. Ms. Lavko has consulted on numerous engagements involving the valuation of intellectual property and the evaluation of economic damages related to patent and trademark infringement, false advertising, breach of contract, trade secret misappropriation and standard essential patent litigation with RAND royalty issues in a variety of disputes before U.S. courts and arbitration organizations and the U.S. International Trade Commission. Ms. Lavko has performed economic analyses in numerous industries, including pharmaceuticals, medical devices, consumer retail products, consumer electronics, industrial manufacturing, and telecommunications.
Ms. Lavko holds a B.S. degree in Industrial Labor Relations from Cornell University and an M.B.A. from the University of Chicago with specializations in accounting, corporate finance and strategic management.
Carlyn Irwin has more than twenty years of litigation consulting and expert witness experience, specializing in economic, financial, causation, and accounting issues. She focuses on damages claims, valuing businesses, and conducting financial forensic analysis in a variety of commercial disputes. Ms. Irwin has addressed matters that span a range of industries, including real estate, medical devices, technology, entertainment, consumer products, and financial and professional services. She has testified in U.S. district and state courts, as well as U.S. and international arbitrations.
Ms Irwin is certified in public accounting and financial forensics, accredited in business valuation, and is a certified fraud examiner. She has also conducted and analyzed consumer surveys. She holds a B.A. from the University of California, Santa Barbara and an M.B.A. from the University of Southern California.