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"Many companies and executives feel alone in today's business climate. In fact, the only real friend they may have is their CPA...the only person who can independently evaluate and recommend management direction for consistent business growth."

 

                                                                                    – Kernion T. Schafer, CPA

 
Providing Litigation Support Services For The Legal Profession PDF Print E-mail

WE CAN SUPPORT YOUR LITIGATION EFFORTS TO SAVE YOU TIME AND STRENGTHEN YOUR CASE.


Schafer Group, Ltd., LLC has developed a Legal Services Division. Knowledge of business, finance and accounting may be needed at any stage of the litigation process. Therefore, we can be an important member of any successful litigation team. From contemplation of action to expert testimony, we can complement attorneys in ways that increase the likelihood of a desired outcome.


As one of this area’s leading CPA firms, we are available to provide attorneys with a complete range of professional and business expertise that may be required in complex litigation
or arbitration cases. We bring to the litigation team our in-depth understanding of the business and technical aspects of finance and accounting, as well as partners and professional staff, working with state-of-the-art software, to provide reports to assist with your cases. As CPAs, we provide the objective viewpoint and credibility for which our profession is known.


Our professionals have a background and training in a variety of industries, and often, an in-depth knowledge of a specific industry. In addition, extensive research allows us to
apply objective, technical expertise, innovative approaches, and sound business judgment to help solve complex economic and financial problems.


WE OFFER ASSISTANCE IN THE FOLLOWING AREAS:

  • BUSINESS LOSS

Business loss engagements involve cases in many areas
including fire loss, business loss related to other physical
problems, anti-trust or other restraints of trade, and personal
injury or wrongful death of a business owner or principal
employee. We work closely with the principals of the damaged
business to determine how they previously conducted
their business and to get an understanding of their current
limitations, restrictions and potential.

  • EMBEZZLEMENT AND FRAUD

Our work in this area of litigation involves document examination,
transaction tracing, business consultation and the
examination of accounting records. Our services can help
provide evidence as to missing assets or hidden transactions.

  • MARITAL DISSOLUTION

We assist in the tracing of funds to help determine jointlyheld
versus separately-held assets, provide business valuations,
coordinate the valuation of other assets including
retirement funds, provide tax or general consultations, and
assist in depositions or trials, including expert testimony.

  • BUSINESS VALUATION

We provide business valuations for divorce proceedings,
business dissolutions, buy-sell agreements, estate planning,
insolvency/bankruptcy reorganization proceedings, purchase
or sale of business and for general information purposes.
We apply techniques recognized by evaluators
throughout the country and back our valuations with expert
testimony provided by seasoned professionals.

  • PERSONAL INJURY, WRONGFUL DEATH OR TERMINATION

We provide general consultation on cases, calculation of
damages for wage loss, including present value analysis,
loss of personal service, costs of care, time loss and other
elements, assistance in depositions and trials as well as
expert testimony. We are able to assist either the attorneys
representing the plaintiff or the defendant in these cases.

  • BANKRUPTCY

We provide accounting and tax services, assets valuations,
product cost analysis and systems design and analyses. We
are responsive to the needs of the attorneys, creditors, creditors’
committees and the client.

 
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