Whether attorneys engage us for plaintiff or defense services, we are advocates for neither, but rather, objective contributors of information that will help the trier of fact understand the economic losses at issue. We compute financial losses based on generally accepted methodologies and factually appropriate economic data, then deliver our opinions in clearly written, carefully prepared reports that stand up to the scrutiny of opposing experts and in cross-examination. In addition to being skilled analysts, Dr. Boisso brings to the table the sometimes underestimated ability of explaining difficult economic concepts in simple, concise, ordinary English that is easily understood by juries and all relevant parties in the litigation process.
Clients have called on BOISSO ASSOCIATES in hundreds of cases involving personal injury, wrongful employment termination, other employment related matters, commercial/business litigation, business valuation, and business interruption We have worked for plaintiffs and defendants modelling economic losses. We can also provide analysis of opposing experts’ opinions, an alternate opinion of economic damages, and services in the courtroom.
Personal Injury and Employment-Related Matters
BOISSO ASSOCIATES evaluates economic losses resulting from personal injury, wrongful death, wrongful employment termination, failure to promote cases, breach of employment contract, and many other types of employment-related lawsuits. We have prepared such analyses for a wide variety of job descriptions, applying case-appropriate data and methodologies. Also, where appropriate, we analyze the value of employee (fringe) benefits, the value of lost household services, pension benefits, and the present value of forecast medical expenses contained in life care plans. In certain cases, B A can assess the negative tax consequences of a jury award (that is, tax gross up).
Commercial / Business Litigation
BOISSO ASSOCIATES has substantial experience in preparation of, and defense against, lost profits claims in contractual and tort litigation. We prepare detailed lost revenue and avoided costs models utilizing client's data, market information, statistical inquiry, and forecasting techniques. When applicable, we account for relevant factors that impact revenues and costs, such as capacity constraints, mitigation of damages, or case-specific factors affecting newly established businesses.
BOISSO ASSOCIATES utilizes generally accepted methods and data sources to determine the value of a business. We carefully address critical issues particular to valuation analyses, for example: using appropriate valuation approaches – income, assets, and market; forecasting cash flows; deriving the appropriate discount rate, including accounting for minority interests or lack of marketability.
BOISSO ASSOCIATES is experienced in the analysis and preparation of business interruption and property loss claims. We evaluate any potential loss of revenue as well as identify additional expenses necessary to mitigate losses. We also assist in determining the appropriate value of any inventory or other personal property lost or damaged. Our industry experience is broad and includes, for example, lodging, retail, restaurants, healthcare, various product manufacturing, and commercial leasing.
Analysis of Other Experts’ Opinions
BOISSO ASSOCIATES will review the reasonableness of underlying assumptions, appropriateness of methods used, reliability of data used, and accuracy of calculations in opposing experts’ reports. We will then help our client understand the basis for the opposing experts’ opinions, how mathematical results are derived, and how alternate assumptions impact the conclusions and opinions proffered by opposing experts.
Alternate Opinion of Economic Damages
If we discover critical errors or problems in an opposing expert’s report, we can provide a rebuttal report describing our findings. We can also provide an alternate computation of economic damages based on appropriate methods, data and assumptions.
Assistance in the Courtroom
Generally, many people, including attorneys, find economic analyses a challenge to understand. We can help by outlining lines of questions for the opposing economist's deposition or trial testimony. Additionally, Dr. Boisso can attend these testimonies to ensure answers are responsive.