Financial Poise™ Airs "Nuts & Bolts of Lost Profit Cases," of the COMPLEX FINANCIAL LITIGATION FOR THE NON-EXPERT Webinar Series, Available Now through West LegalEdcenter

Share Article

Financial Poise™ Webinars and West LegalEdcenter are pleased to announce the on-demand release of a new webinar “NUTS & BOLTS OF LOST PROFIT CASES," designed for attorneys and business owners. Moderator Erin Hollis of Marshall & Stevens joins panelists from firms including MCA Economics, Sugar Felsenthal Grais & Hammer and Huron Consulting Group to discuss types of lost profits and strategies for effective making claims.

Many people do not understand the specialization that the legal industry has undergone in the past several decades. Just as one would not go to a dermatologist for lung cancer, one would not ask a tax attorney to defend a DUI. But the specialization goes even deeper: litigation over commercial disputes should be handled by someone with deep experience with such disputes; the best criminal defense attorney or divorce litigator is simply not the likely best choice because, among other reasons, issues tend to repeat themselves.

This is not to say that once an attorney has done one “xyz case” she is an expert at all “xyz cases,” but the truth is that the expression “the practice of law” exists for good reason. This Financial Poise webinar series explores four common litigation scenarios involving complex financial issues.

The second episode of the series, Nuts & Bolts of Lost Profit Cases, is now available on-demand and features Moderator Erin Hollis of Marshall & Stevens (Register Here). She is joined by Don May of DMA Economics, Leland Chait of Sugar Felsenthal Grais & Hammer and John Levitske of Huron Consulting Group. Episode #1 discussed common issues and strategies in business breakups, and is available on-demand through Financial Poise Webinars.

Expectations, we all have them. Maybe a business partner, supplier or vendor didn’t live up to their end of the bargain and the business suffers. What is the remedy? What are the damages and how do you seek repayment of the loss profits? Lost profits are an economic measure of damages a business suffers as a result of a wrongful act, and can only be claimed over the loss period. In this webinar we discuss types of wrongful acts that can lead to such damages, what makes an effective claim to recover lost profits, proactive solutions to prevent or reduce claims, and what the difference is between a reduction in business value and lost profits. Further complicating the understanding of damages are other remedies that are often confused with lost profits, which are also covered.

Each Financial Poise episode is delivered in Plain English understandable to business owners and executives without much background in these areas. Yet, each episode is proven to be valuable to seasoned professionals. As with all Financial Poise Webinars, each episode in the series brings you into engaging, sometimes humorous, conversations designed to entertain as it teaches. And, each episode in the series is designed to be viewed independently of the other episodes, so that participants will enhance their knowledge of this area whether they attend one, some, or all of the episodes.

ABOUT FINANCIAL POISE™:
Financial Poise™ (http://www.financialpoise.com ) provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information, contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Emily Goldin
@FinancialPoise
since: 01/2013
Follow >
Financial Poise
since: 06/2011
Like >
Follow us on
Visit website