Methodologies on trial – Keys to surviving a Daubert challenge

Description

Abstract: Valuators often serve as expert witnesses if the parties to a lawsuit can’t agree on the value of a private business interest or economic losses that have been incurred. Before valuators take the stand, they should be prepared to defend their valuation methodologies from what’s commonly referred to as a Daubert challenge (named after a landmark Supreme Court case). This article describes four factors related to the expert’s methodology that judges consider, along with the professional qualifications of the expert.