• Practice Management - QuickRead Featured

    Why Using a Mentor is Key to Building the Value of Your Firm’s Work

    Good Mentors Not Only Catch Errors, but Speed Professional Development, Provide Perspective, and Help Build Your Company Brand The mentoring process is invaluable, explains Baria Jaroudi. That’s not simply because it provides a proofread and detail check, or even because it strengthens professional development and solicits team expertise and new perspectives. Perhaps most importantly, strong mentoring helps firms deliver the sort of work that builds a company’s brand, attracts new business, and defends the value of analyst work in a world of increasing automation.

  • Expert Witness - QuickRead Top Story

    Insufficient Evidence and Defensible Opinions

    Avoid Hypotheticals. But Remember: Experienced Experts Recognize that Limited Evidence Will Often Support a More Limited Opinion Michael Kaplan explains how limited evidence can still support a limited opinion. Read about a valuator who had access to an insufficient number of documents and a hard cutoff date to complete a valuation by. Since the valuation was prepared in a manner that meets the professional standard of care, was generally in compliance with business valuation standards, and the expert’s approach and methodology was consistent with industry practice, the valuation stood up in court.

  • Practice Management - QuickRead Featured

    Brand Valuation: The Methodologies

    In Berquist v. Commissioner, Judge Swift Finds a Company’s Pending Liquidation is Relevant and Foreseeable. Brand valuation is becoming an ever more critical business as intangible assets are increasingly being recognized as highly valued property, writes Sophie Roberts in Intellectual Property.  Consider: A vast majority of work your business is already doing today almost certainly affects brand value. Whether it’s business transactions (M&A, partnership, licensing negotiation, accounting compliance) or litigation (damage/loss calculations, royalty rate issues, IP infringement) or internal marketing (brand management, marketing ROI calculation and investment), brand value is key.  Here’s informed analysis on today’s existing law, brand value…