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Being a Jointly Retained Expert — What You Need to Know
Forensic Services
Webcast

Being a Jointly Retained Expert — What You Need to Know

Discover more about the constantly evolving area of practice where an expert is retained by both parties in a litigation matter.

Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

NASBA Field of Study

Accounting

Level

Overview

CPE Credits

1.5

Instructor

Matthew Krofchick, Brandi Steinberg

Availability

3 months

Product Number

WC4480691

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 Business & partner 
Product Details

Navigating litigation as a shared expert

A jointly retained expert is when both sides in a litigation retain the same expert. Increasingly, parties involved in a case seek to reduce costs and time spent in litigation. This trend of jointly retaining an expert has even been codified into law in some Canadian jurisdictions and is gaining attention in the U.S. as well.

What factors should you consider before accepting a joint retainer as your next assignment? And if you do accept, how do you handle it if you encounter an impasse and can't obtain clear instructions from both parties?

As we explore the nuances of joint retainers, you'll discover:

  • Key clauses to incorporate into a joint retainer letter.
  • Best practices for navigating conflicting perspectives and instructions from opposing parties.

Key Topics

  • Pros of a joint retainer
  • Cons of a joint retainer
  • Best practices of a joint retainer

Learning Outcomes

  • Identify when a joint retainer is appropriate to be used.
  • Recognize the differences between a sole retainer and a joint retainer.
  • Distinguish the benefits of using a joint retainer.

Who Will Benefit

Litigation experts who will be performing joint retainers

More Details
NASBA Field of Study
Accounting
Level
Overview
Prerequisites
None
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
1 hr 30 mins
Pricing
Do you have an AICPA or CIMA membership? Log in to apply your member discount.

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2 to 5 registrants

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6+ registrants

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Contact us
Speakers
Matthew Krofchick
CPA/CFF, CMA, CMC, FDRP (VAL).
Matthew Krofchick specializes in forensic accounting, damage quantification, and business valuations including income determinations and business valuations for matrimonial purposes. In addition to holding the designation of CBV, Matthew is also a Certified Management Accountant (CMA), Chartered Professional Account (CPA), Certified Management Consultant (CMC), Certified in Financial Forensics (CFF), Certified Specialist in Family and Estate Valuation (FDRP VAL). Matthew is the chair of the Family Dispute Resolution Institute of Ontario (FDRIO) and has previously lectured on topics including business valuations in the context of marital breakdowns, emerging issues and methodologies in pension valuations, and income determination for spousal support. Matthew has also authored and co-authored several articles dealing with the financial issues surrounding marital breakdowns.
Brandi Steinberg
CPA, CFE
Brandi is a Certified Public Accountant and a Certified Fraud Examiner. She is a member of the AICPA, ACFE, GSCPA, and GACFE. Brandi currently serves as President of the Georgia Association of Certified Fraud Examiners Board. She has presented on this and similar topics to several professional organizations. Brandi joined IAG in 2016, and her main focus is in the area of family law and divorce. Previously, her experience involved both public and private accounting practices in the areas of tax, audit, and small business services. Brandi is a Double Eagle of Georgia Southern University where she received both her Bachelor of Business Administration in Accounting and her Master of Accounting.
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