Highly technical and often difficult to understand, the subject of business valuation is a critical one for lawyers in many areas, such as family, corporate and tax law, and estate and financial planning. Now updated and expanded, The Lawyer's Business Valuation Handbook is a concise reference book...
Highly technical and often difficult to understand, the subject of business valuation is a critical one for lawyers in many areas, such as family, corporate and tax law, and estate and financial planning. Now updated and expanded, The Lawyer's Business Valuation Handbook is a concise reference book that will help you understand and evaluate expert reports and testimony on business valuation issues. It is a comprehensive, easy-to-use, and authoritative reference on the merits of business valuation positions. Legal professionals and others will find this an invaluable resource for evaluating the quality and comprehensiveness of evidence. Among the practical explanations provided in the book are:
- Definitions of value
- Professional credentials and standards
- Commonly used terminology
- Recognized and accepted valuation methods
- Commonly used bodies of empirical evidence
This handbook is built around the legal and factual settings a lawyer is apt to encounter. The book also contains extensive case citations to courts' positions on all types of business-valuation issues and covers related subjects such as tax, corporate-shareholder matters, marital dissolution, bankruptcy, ESOP, and others. The chapters on methodology, a complex and difficult subject, are clearly written and contain numerous examples so they may be understood even without a financial background. Straightforward examples are used throughout the text.
Appendixes include a glossary, a list of business appraisal professional organizations with contact information, a table of cases, and a general bibliography; most chapters also contain references relevant to the material. The authors of The Lawyer's Business Valuation Handbook have over 40 years of combined experience in transactional matters (e.g., mergers and acquisitions) as well as litigation or potential litigation (e.g., marital dissolution, tax matters). Shannon Pratt also has extensive experience as an expert witness in a wide variety of federal and state courts around the country.