DAMAGE ANALYSIS
Governments at all levels—federal, state, and local—routinely determine public policy on a wide array of economic and social issues that have widespread effects on society, including individuals, businesses, industries, and governments themselves. Meister Economic Consulting helps inform and shape public policy through the use of economic and financial research, analysis, and testimony.
Damage analysis is an important and complex component of many litigation matters. Reliable estimates of damages require a thorough assessment of the difference between a plaintiff’s actual economic position and the economic position the plaintiff would have achieved absent a defendant’s allegedly wrongful conduct. Underlying damage analysis are fundamental economic issues, including whether there has in fact been an economic loss to the plaintiff, whether there is a causal link between the alleged wrongful conduct and any loss, and what portion of any loss is the result of the alleged wrongful conduct rather than other effects.
Plaintiffs and defendants in a wide variety of litigation matters have called on the experts at Meister Economic Consulting to conduct damage analyses.
Our data collection and analysis is rigorous and comprehensive, and our damage methodologies are based on sound economic principles and state-of- the-art economic, financial, and statistical techniques—always tailored to the specific circumstances of a case.
Meister Economic Consulting has estimated various types of damages, including:
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Lost Profits
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Lost Royalties
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Excessive Prices or Costs
Despite the complex nature of damage analysis, our experts are able to present findings in a clear and concise manner. We are frequently called on to provide expert testimony in state and federal courts. Whether for trial, settlement proceedings, arbitration, or mediation, our economists provide authoritative assessments of economic damages. In addition to preparing and presenting damage analyses, Meister Economic Consulting’s experts also critique opposing experts’ damage calculations, assist with discovery, and provide liability analysis.
We have conducted damage analyses in a wide array of litigation matters, including:
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Antitrust
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Breach of Contract
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Breach of Fiduciary Duty
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Breach of Good Faith Dealing
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Business Interruption
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Fraud and False Advertising
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Intellectual Property Infringement
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Labor and Employment Disputes
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Tortious Interference