Rumor had it that Apple would ask for about $2 billion in lost profits and reasonable royalty from Samsung for infringing five of Apple's patents having to do with features such as "slide-to-unlock," universal search, and automatic word correction. Trial observers recently got to hear Apple's damages expert Christopher A. Vellturo (Quantitative Economic Solutions LLC) [...]
Many business valuation cases work their way through the courts each year, but only some of them have a significant impact on the profession. Here are some important excerpts from those cases. 1. Excess earnings method is alive and well. Although the excess earnings method has its critics, it is in use and it stands [...]
Judge Laro is a U.S. Tax Court Judge and is the author of the seminal Mandelbaum decision. Here is what he had to say at a recent luncheon moderated by 2 valuation experts. Tax Court facts. The moderators asked Judge Laro to situate the Tax Court in the U.S. legal system. The judge obliged and [...]
The fate of law firms depends on their ability to recognize that mere growth is not the key to success. This is the conclusion of the “2014 Report on the State of the Legal Market” published by the Center for the Study of the Legal Profession (Georgetown University Law Center) and Thomson Reuters Peer Monitor. [...]
