Preface

Ben Franklin wrote in a letter to Jean-Baptiste Leroy (November 13, 1789), “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” What he could not know in the early years of our Republic was that a third certainty would annex itself to the American business experience. Litigation has become as much an inevitability for the American corporation as death and taxes were deemed in the human experience by Mr. Franklin.

Consequently, the litigation services practice remains a growth business for financial experts as the complexity and global nature of business disputes continues to expand. The Litigation Services Handbook has for more than 20 years, through four previous editions, offered a comprehensive guide for economists, accountants, and litigators involved with the analytic and damages issues in commercial litigation. It has enjoyed critical success as its revised editions served to guide readers and practitioners in the litigation services industry.

This fifth edition of the Litigation Services Handbook has a number of changes from previous editions. For the first time since its original publication, professionals from Ernst & Young LLP's Fraud Investigation and Dispute Services practice have assumed leading editorial responsibility for the selection of material for inclusion. Our team, working closely with Roman Weil, Debbie Asakawa, and many of the authors ...

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