James McCurley

Forensic accountants can assist counsel to dig deep when preparing—and contesting—claims of economic loss. The first two articles of this three-part series explained ways in which a forensic accountant can assist counsel in analyzing and uncovering non-loss related elements in a damage claim in a construction defect case. Now, in this final installment, we’ll see how the portion of the claim pertaining to lost income unfolds.

Forensic accountants explain the methodology to properly analyze economic losses that allegedly flow from construction defects. Construction defect cases attract a variety of forensic experts. While many lawyers concentrate on the “brick and mortar” aspect of proving the asserted defects, a forensic accountant can take that analysis to another level by providing 20/20 vision with respect to the parameters of the damage claim.

Forensic accountants explain the methodology to properly analyze economic losses that allegedly flow from construction defects. A complex construction defect case usually include architects, engineers and contractors, some of whom may be the claimants, some the responding parties, and some serving as expert witnesses. Often overlooked in this legal traffic jam is the value of an experienced forensic accountant, particularly one with experience in analyzing damage claims.