Any lawyer working in arbitration, whether as counsel, arbitrator or secretary to a tribunal, will undoubtedly have to deal with matters of quantum. For some, this can be a real challenge: critically reviewing your own expert's draft report; understanding the methodologies and findings of the other side's expert; planning cross-examination; advising your client on potential strengths and weaknesses in financial claims or defences... All these will be less daunting with some background knowledge and familiarity. Hear about some oft-quoted, but sometimes misunderstood, concepts including DCF, cost of capital, discount rates, compound interest and loss of profits.
The goal of this workshop is to provide an insight into the work of a financial expert witness. Its instructor will thus be a practising forensic accountant, who frequently acts as a financial expert witness in ICSID and ICC arbitrations and was previously dealing with financial aspects of mass claims at the United Nations Compensation Commission (UNCC).
The emphasis in this workshop is on interaction and approachability; the working assumption is that participants will have no particular financial knowledge.