Managing Principal Jeffrey H. Kinrich and Damages Expert Everett P. Harry III Co-Edit Comprehensive Second Edition of Leading Book on Lost Profits Damages
February 7, 2022
Jeffrey H. Kinrich, Managing Principal at Analysis Group, Inc., and Everett P. Harry III, former senior partner at Harry-Torchiana LLP, have co-edited the second edition of their comprehensive book, Lost Profits Damages: Principles, Methods, and Applications. The book brings together current thinking on this important litigation topic, and serves as a practical, single-source reference for practitioners and others interested in areas related to lost profits, damages, and business valuation.
Intended for litigation attorneys, accountants, and damages analysts, Mr. Kinrich’s and Mr. Harry’s book covers a comprehensive range of topics in the field, including selecting appropriate methodologies, carrying out analyses, and defending work during a legal proceeding. Following a broad overview of the nature of lost profits damages, each subsequent chapter builds on the topics addressed earlier.
The book draws upon in-depth knowledge from 56 experts, including a dozen colleagues of Mr. Kinrich at Analysis Group, one of the largest economics consulting firms with more than 1,000 professionals across 14 offices in North America, Europe, and Asia. Among the topics addressed by Analysis Group consultants are a general introduction to lost profits (co-authored by Managing Principal John C. Jarosz and Principal Robert L. Vigil); proving loss causation (co-authored by Vice President Peter Rybolt); analyzing cost behavior (by former Principal Elizabeth A. Eccher, Vice President James Rosberg, and Mr. Kinrich); using net cash flow versus accrual net income (co-authored by Senior Advisor Bruce A. Strombom); and achieving lost sales as a consideration in damages analyses (by Vice President Jonathan Borck and Managing Principal Aaron Yeater).
The second edition includes new material from Analysis Group authors on industry and economic research (by Manager Benjamin March, Vice President Michael J. Schreck, and Managing Principal Samuel Weglein); and on the use of surveys in lost profits analyses (by Manager Anne Cai, Vice President Rene Befurt, and Managing Principal Rebecca A. Kirk Fair).
The second edition also contains new chapters covering determining lost profits for new businesses, neutralizing lost profits damages for tax consequences, and the use of expert testimony. Contributors to these and other chapters in the book represent widely recognized consulting firms such as Deloitte and KMPG, leading law firms and academic institutions, and members of the judiciary.
“The legal community will use this reference book as the benchmark by which to evaluate damages measurement expert reports and expert testimony,” commented Robert F. Reilly, CPA and Managing Director of Willamette Associates. Mr. Reilly, who is the co-author of many publications on valuation topics, including Valuing Small Businesses and Professional Practices, concludes, “Every economist, forensic accountant, valuation analyst, or fraud specialist who practices in the damages analysis discipline should have, and use, this reference book.”
For more information on how to get a copy of Lost Profits Damages: Principles, Methods, and Applications (second edition), please contact Mr. Kinrich or visit the Valuation Products and Services website.