Litigation Consulting & Support
Determining correct damages, lost wages and earnings often requires more than a simple economic projection or cursory valuation. Jackson Thornton Litigation consultants know business and industry operations, as well as tax ramifications and the strategies to minimize them. Our certified professionals have extensive experience in calculating viable, defensible numbers. Jackson Thornton also offers expert testimony with extensive experience in the courtroom, helping to build your case with meticulous research and financial evidence beforehand. In addition to a CPA expert witness, we provide trial support through extensive documentation. With our unequalled ability to produce crucial documents in real time using TrialDirector® and Sanction® software, Jackson Thornton provides the tools to win.
Business Interruption
Our team has the knowledge and experience to guide you in evaluating and measuring business loss due to natural disasters as well as other business interruptions. We offer financial forensics to assist you throughout the claim settlement process, including:
• Negotiation of loss between conflicting parties
• Estimation of initial reserve amount
• Application of coinsurance
• Treatment of extended period of indemnity
• Forensic reconstruction
• Legal support and courtroom testimony
Damage Computations
We have extensive experience in computing damages for a variety of situations, including:
• Lost profits
• Loss of business value
• Personal injury
• Commercial fraud
Expert Witness
We work with counsel and participate at trial and depositions as an expert financial advisor as well as a valuation and damages expert. To build and support your case, we also provide trial exhibits and expert reports, using research from financial metrics to financial modeling. You can depend on the expertise of seasoned, senior-level professionals who understand case analysis as well as the importance of clear, concise and effective communication.
Litigation Support
Jackson Thornton offers litigation support in the form of meticulous research, damage calculations, expert testimony and courtroom support.
Loss of Business Value
When a business fails as a result of certain actions, it may be necessary to determine the loss of business value. We can analyze and quantify damages that a business alleges to have occurred as a result of some breach of contract or duty by another party.
Lost Profits
When a business experiences a temporary reduction in sales or profits as a result of certain actions, a lost profits calculation may be necessary. Among our CPA services, we can analyze and quantify damages that a business alleges to have occurred as a result of some breach of contract or duty by another party.
Marital Dissolution
We provide a wide range of services including listing and determining the value of marital property, particularly business entities, determining spousal and child support, and providing expert witness testimony. It is important to work with an experienced professional as the standard of value and classification of property is decided by state statutes, locality-by-locality rules and court cases.
Partner Disputes
Disagreements among partners can be one of the biggest threats to the stability of a business. Whether you are facing a potential buy-out, merger, bankruptcy or other action, we can assist you through mediation or work with you on a one-on-one basis to help resolve the conflict at issue.
Personal Injury
In personal injury cases, damages may include claims for past and future medical expenses, rehabilitation services or equipment, special education costs and loss of household services. We have experience in calculating these damages as well as lost earnings, or the monetary loss, in present value dollars, stemming from an individual’s inability to provide certain services, or ability to provide them only at a reduced level.
Predatory Lending
In an effort to realize huge profits, predatory lenders target consumers who historically do not have access to mainstream lending institutions. Predatory lenders charge borrowers higher rates of interest and require credit insurance products, exorbitant fees and often include pre-payment penalties. Predatory loans harm borrowers by making it difficult or impossible for them to keep up with their payments. We have experience in financial analysis of the effects of predatory lending and determining the resulting damages. We also have experience in evaluating the work of others to ensure proper calculation of damages.
Wrongful Death
In wrongful death cases, damages may include claims for lost earning, funeral and burial costs and loss of household services. Generally the plaintiffs in a wrongful death case are the decedent’s survivors. Therefore, the economic loss of the plaintiff(s) is not simply the decedent’s lost earnings; it consists of that portion of the decedent’s compensation that would have benefited the plaintiff(s).
Wrongful Termination
In wrongful termination cases, the law allows the plaintiff to receive compensation for the economic loss sustained for which the court finds the defendant liable. The primary component of economic damages in these types of cases is lost earnings, or the monetary loss, in present value dollars, stemming from the individual’s inability to provide certain services, or ability to provide them only at a reduced level.