Calculating Lost Profits in Construction Claims: A Practical Guide.
Calculating lost profits in a construction dispute is an important factor to prove and recover claims of lost profits damages. However, this process presents a wide array of complexity and challenge for both parties as it requires thorough and accurate analyses of the evidence presented. The implementation of an appropriate calculation methodology must also be carefully considered.
With the risk issues associated with lost profits calculation, it is becoming more substantial for construction businesses and their counsel to be well equipped with a practical guide and the best practices to guarantee accurate calculation and ensure lost profits recovery.
In this LIVE Webcast, Robert McDonald, Director at Berkeley Research Group, will provide a practical guide on how to calculate lost profits in construction claims. As an expert, Robert will also address important issues affecting construction dispute management and resolution.
Some of the major topics that will be covered in this course are:
Construction Claims – Recent Trends and Developments Notable Court Rulings Common Risks and Pitfalls Practical Tips and Strategies in Calculating Lost Profits Outlook
Field of Study: Accounting
Live and Recorded CLE & CPE Webcasts in the Legal, Tax, Finance, Risk, Compliance and Human Resources Industries
Founded in November 2006, The Knowledge Group has established itself as a premier eLearning hub for Continuing Legal Education (CLE), Continuing Professional Education (CPE), and technology-focused webcasts. We equip lawyers, accountants, and industry professionals with expert-driven insights, timely regulatory updates, and practical strategies to help them stay ahead in an ever-evolving landscape.
Director at Berkeley Research Group, LLC
Robert McDonald, CPA, CFA, CGMA, CFF, Director Berkeley Research Group, LLC Mr. McDonald is a Director in Berkeley Research Group’s (BRG) Government Contracts Consulting Practice. He has over 20 years of consulting experience in both government contracting and commercial industries. His industry expertise includes work with major contractors in the aerospace & defense, construction, professional services, manufacturing, business services, information technology, telecommunications, biotech, as well as grant and cooperative agreement recipients in the not-for-profit and NGO fields. Mr. McDonald focuses on cost recovery, profit maximization, and risk management engagements involving government contract. Specifically, Mr. McDonald’s experience spans the entire lifecycle of government contracting accounting, finance, administration and compliance related matters, including contractor litigation and investigation support.
