Apr 24, 2017
Expert witnesses in valuation disputes make common mistakes and assumptions that can be drawn out in cross-examination. The expert can be a difficult animal for a lawyer to cross-examine; they are testifying on something that they know better than anyone. Business valuators are important in giving expert evidence in business deals, insolvency and restructuring and transition planning in wealthy families. But if lawyers feel hamstrung or intimidated cross-examining valuation experts, they can take heart in knowing that there are several errors these experts frequently make and learn how to spot them.