Richard Eichmann, Vice President/Director, NERA Economic Consulting to Lost Profits: Principles, Methods and Strategies to Prove and Defend Damages
The Knowledge Group, the leading producer of regulatory focused webcasts, has announced today that Richard Eichmann, Vice President/Director, NERA Economic Consulting will speak at the Knowledge Group’s webcast entitled: “Lost Profits: Principles, Methods and Strategies to Prove and Defend Damages LIVE Webcast.”
- (1888PressRelease) October 04, 2019 - This event is scheduled for Monday, October 7, 2019 from 12:00PM to 1:30PM ET.
For further details, please visit:
https://www.theknowledgegroup.org/webcasts/lost-profits-2019/
About Richard Eichmann
Richard Eichmann specializes in the application of applied economic analysis in intellectual property, securities, and other commercial litigation. His skills include valuation, econometrics, statistics, sampling, and survey research. He has calculated economic damages in a variety of industries, including the automotive, airline, credit card, financial, energy, gaming and pharmaceutical industries. He has filed expert reports in Federal court on the application of statistical methods, sampling, survey design, and business valuation, lost profits, and patent damages. He has provided arbitration, deposition and trial testimony.
Prior to joining NERA, Mr. Eichmann provided economic analysis and dispute advisory services at public and private litigation consulting firms as well as two Big 4 accounting firms. In addition, he has worked as an analyst in the automotive industry utilizing proprietary survey research data for time series analysis and as a research assistant for the Survey Research Center at the Institute for Social Research in Ann Arbor, Michigan on panel study surveys.
About NERA Economic Consulting
NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world’s leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.
Abstract
In today’s challenging legal climate, lost profit damages are crucial yet difficult and complicated to ascertain in a commercial dispute. With the intricacy of the evidence required as well as the basis for the reasonable estimate of damages, proving and defending against lost profit claims have been challenging. Failure to have inaccurate calculations and improper defense strategies, may reduce the probability of recovering damages.
Hence, it remains essential to have an in-depth knowledge of the governing principles, as well as the appropriate methodologies when calculating lost profit damages to avoid potentials risks and legal pitfalls.
In this LIVE Webcast, a panel of key thought leaders and practitioners assembled by The Knowledge Group will provide the audience with an in-depth discussion of the principles, methodologies, and strategies in proving and defending lost profit damages. Speakers will also present risk mitigation techniques to avoid pitfalls in this evolving regulatory climate.
Key topics include:
• Lost Profits: Overview and Statistics
• Selecting Appropriate Methodologies
• Proper Damage Analysis and Best Defense Strategies
• Risk Mitigation Techniques
• Trends and Updates
About The Knowledge Group
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/.
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