Lost Profits

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Lost Profits Damages Book Second Edition

  • Second Edition includes 4 new chapters, 12 additional expert authors, and over 100 pages of further meaningful guidance
  • A useful guide for both new and experienced damages analysts
  • A valuable educational resource for attorneys
  • Explores lost profits methods and applications
  • Logical chapter sequence reflects the order in which work steps are performed
  • Explains collective legal and academic principles relevant to lost profits and damages
  • Presents balanced analysis of alternative methods and explores their nuances
  • Incorporates scholarly writings and important court decisions influencing calculation of lost profits/lost business value
  • Written by 56 nationally recognized experts in 27 practical, easy-to-use chapters


I was recently engaged by an arbitrator as a neutral expert to assist in interpreting and explaining accounting issues raised by opposing experts, a certified public accountant and an economist. Both opposing experts cited and quoted from the first edition of Lost Profits Damages: Principles, Methods and Applications. The use of this book by both of these experts in a dispute resolution process confirms the acceptance, usefulness and presumed authority of the book. – Martin G. Laffer, CPA/CFF/CFE, CliftonLarsonAllen, Los Angeles, CA


If you are a forensic accountant, a forensic economist, or a business litigator, you need to have this book. For those who are new to lost profits issues, it explains the concepts you need to understand. For veterans of lost profits wars, it is a valuable reference and an authoritative source of support for your opinions. – Robert M. Lloyd, JD, Professor Emeritus, University of Tennessee Knoxville College of Law


Lost Profits Damages is an authoritative reference source. This book provides a deep dive specifically into lost profits damages analysis. This book explains everything the practitioner (and counsel) need to know about the development and the reporting of the lost profits damages measurement method. In addition, commercial litigation counsel and judicial finders of fact will benefit from adding Lost Profits Damages to their libraries. – Robert F. Reilly, CPA, Managing Director, Willamette Management Associates


Lost Profits Damages is a must-have resource for the business trial lawyer. The book presents accounting and finance concepts in a well-organized and very clear manner. The chapter ‘Discount Rates in Practice,’ for example, provides a practical road map for cross-examining the testifying damages expert on a critical, but often misunderstood, component of a lost profits opinion. – Patrick J. Richard, Attorney at Law, NOSSAMAN LLP

Get more information including the table of contents and full author list here.

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