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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 |
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Providing Litigation Support Services For The Legal Profession |
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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 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.
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.
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.
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.
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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