Unique industry valuations / The story behind normalizing adjustments / Testimony training

• Unique industry valuations: Revenue Ruling 59-60 indicates eight factors that should be considered when valuing the stock of closely held companies. In certain unique industries, the economic and industry outlook factor of Revenue Ruling 59-60 is one of the most important.
• The story behind normalizing adjustments: Financial statements are used to determine a variety of things, such as whether or not a company has sufficient assets to use as collateral for debt issuance or if the company's earnings history or return on equity is adequate to justify an investment in the company. However, the financial statements may not tell the whole story.
• Testimony training: How do inexperienced lawyers and experts develop the practical experience they need to be successful? How can you develop the necessary skills to effectively question an expert and discuss complex issues in front of a judge and jury?