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> Antitrust |
The foundation of Applied Economics Partners' consulting practice is the accurate estimation of damages in the context of complex litigation. AEP offers its clients an innovative approach to damages analysis. Firm members are noted authorities on damages issues, and have vast experience in performing damages studies in a variety of legal settings. |
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Pioneering Approach
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AEP was one of the first economic consulting firms to apply techniques of economic modeling to the analysis of damages. Prior to this innovation, most damages studies were performed using accounting methods. AEP broke new ground by applying proven econometric models of the behavior of markets under certain conditions to the study of damages. Although economists have used these models for years, AEP revolutionized damages analysis by applying these models to the study of damages in a litigation setting. By modeling the behavior of markets under different scenarios, many nuances of a particular case can be discovered and explored. These nuances are often overlooked by other methods of damages analysis and provide a more accurate calculation of damages. |
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| Unrivaled Experience | AEP has applied its pioneering approach and extensive knowledge to real-world damages problems in a variety of legal contexts. Such experience includes litigation in antitrust, intellectual property, telecommunications, high technology, labor, pharmaceutical and chemical, securities, banking and financial institutions, energy, breach of contract and other claims involved in general commercial business litigation, as well as personal injury and wrongful death litigation. The task in all of these cases has been not simply to perform a rote calculation of damages, but to create an economic model that accurately reflects the uniqueness and complexities of each case. AEP is well known for providing accurate, compelling, and reliable damages studies that induce settlements and are understandable and convincing to judges and juries. | |||||||||||
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Noted
Authorities on Damages Issues
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In addition to offering an innovative approach to assessing damages, AEP and its members are respected authorities on the myriad of issues relating to the calculation of damages. AEP's Victoria A. Lazear is co-author of the "Reference Guide on Estimation of Economic Losses in Damages Awards." This publication discusses methods of determining damages from the point of view of the economist. It is designed to bridge the gap between law and economics in approaching damages issues in complex litigation. The federal judiciary, lawyers, and other economists use this guide as a reference tool to evaluate damages claims and to obtain insight into complicated damages issues. Members of the firm have lectured on the subject of damages calculation and are even contacted by other economic consulting firms for advice on particularly challenging damages issues. | |||||||||||
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