Financial Consultants
HBD’s litigation and financial consulting group provides financial and economic litigation support on many of HBD’s client matters. Comprised principally of MBAs, each with significant experience in the fields of economics, finance, accounting and auditing, statistics and litigation support, the group brings expertise which assists in the intake, discovery and trial phases of HBD’s litigation and bankruptcy matters.
Working closely with the attorneys on each matter, the consulting group brings a business and economics perspective which assists not only in understanding, discovery and theorization of complex bankruptcy and litigation matters but also in providing the damage assessment and computation skills that allow much of the financial damage portion of HBD’s matters to be handled in-house. HBD’s in-house financial experts enable the litigation team to know the extent of damages as well as the most effective means of calculating them, frequently well in advance of the engagement of experts. This early familiarity with the “real” money at stake means that substantive settlement discussions may be held prior to incurring the costs of experts, which may result in substantially lower overall costs to the client.
When outside financial experts are engaged, the consultants often act as the liaison between HBD’s attorneys and the experts in order to aid in the development and understanding of expert theories and damage analyses. Development of complex computerized damage and economics assessment models are a specialty of the financial consulting group, and their work has played pivotal roles in many of HBD’s matters.
