Hello
Happy New Year! And welcome to the sixth issue of Valuation and Litigation Insights. Our mission is to bring hand-picked content intended to make your life a little easier and to help you help your clients make better decisions and get the results they deserve.
If you read the last issue, welcome back. If you are new, welcome aboard!
Most of us have welcomed 2021 with open arms in the hopes of leaving 2020 in the rear-view window. Of course, it doesn't quite work that way, as the challenges of the last year did not go away after we turned the calendar page. Still, with vaccines being administered worldwide, we see light at the end of the COVID tunnel and great opportunities in store for 2021.
In this issue, we review some key predictions and growth prospects for 2021, as well as a few tips for thriving in the continued virtual litigation environment. Finally, we share some guidance on understanding financial statements and information for retaining and interviewing a business valuation expert.
Valuation and Litigation Insights
News and Trends
9 Trends Driving the 2021 Litigation Market - the BTI Consulting Group
Litigation spending is expected to increase significantly in 2021. But where exactly are the opportunities? This article and infographic highlight 9 trends that will drive the litigation market throughout the new year.
bticonsulting.com
Five Trends for the Legal Industry to Watch in 2021
There is no shortage of predictions for the legal world in 2021. The attached identifies 5 key trends to watch out for. Of particular interest are major trends in cybersecurity, bankruptcy, and commercial real estate.
lexisnexis.com
Things to Know
How to Read (and Analyze) Financial Statements | Bench Accounting
A successful outcome often depends on asking the client (or financial expert) the right questions. But doing so may require at least a basic understanding of a client's financial statements. This article provides guidance regarding what to look for when reviewing financial statements.
bench.co
The Benefits & Ground Rules of Jointly Retained Expert Witnesses
Jointly retaining an expert with another party can save on costs but also invites complications. This article provides some things to think about when considering this option.
expertinstitute.com
Choosing A Business Appraiser | Business Valuation Expert
What questions should you ask to vet a business valuation expert? The attached article compiles a good basic list to consider using when interviewing a valuation specialist.
keitercpa.com
Tools and Tips
Five Tips for Litigation in the Time of COVID – Fiduciary Law Blog
Like it or not, remote dispute resolution will be with us for much of 2021, and likely beyond. This article provides lessons learned from 9 months of virtual litigation.
fiduciarylawblog.com
Distance Mediation | QuickRead | News for the Financial Consulting ProfessionalQuickRead | News for the Financial Consulting Professional
Although vaccines are slowly rolling out, virtual mediations are likely here to stay for the foreseeable future. This article discusses how to tailor the process to maximize settlement rates and participant satisfaction. It contains useful tips for mediators, litigators, and clients alike.
quickreadbuzz.com
In Closing
That's it for now. If you found this issue of Valuation and Litigation Insights useful, please forward it to a friend or colleague.
Talk to you soon!
Will Thomsen
Director of Valuation and Litigation Services
Grobstein Teeple, LLP
www.gtllp.com
Connect with me on Linkedin
Call me at 818-502-4950
Email me at wthomsen@gtllp.com