Whether the case at hand involves patent infringement, breach of contract, bankruptcy, divorce, fraud or embezzlement, The BERO Group has the resources to provide you and your clients with the forensic accounting support you need.
The BERO Group specialists are experts at providing testimony using programs like Zoom and Skype.
Our experts are equipped with the knowledge, skill and dedication to adapt to any of your litigation needs.
Forensic accounting isn't just an ancillary aspect of our practice — it's what we do.
Our track record and list of satisfied clients speaks for itself.
In the Capitolism Newsletter, I learned that Josh Hawley berated Walmart in a Twitter Tweet: “…for the pathetic wages you pay your workers as you drive mom and pop stores out of business.”
Mr. Hawley is ignoring the concept of sunk costs and perhaps knows most of us forget the concept often… I can’t sell my house – I have too much sunk into it … The “mom and pop stores” are the sunk costs of the populist right. Mom and pop stores equal Capital Obsolescence as spotlighted and amplified by the COVID crisis, the rule of sunk costs dictates, we ignore them and move on. Read more
2020 ACFE Report to the Nations
The 2020 Report to the Nations is the ACFE’s 11th study on the costs and effects of occupational fraud and represents the latest in a series of reports dating back to the first edition published in 1996.
"Occupational fraud—fraud committed by individuals against the organizations that employ them—is among the costliest forms of financial crime in existence. There are more than 3.3 billion people in the global workforce, and nearly all of them have access to or control over some portion of their employers’ cash or assets. For the ones who decide to seek illegal gains, their workplace is, in many cases, the most logical and convenient target."
C O N G R A T U L A T I O N S !
The BERO Group would like to take this opportunity to congratulate this
entire group of 124 attorneys for their outstanding achievement.
As noted in the Crain's Chicago Business publication, this list speaks to the rising influence of women in the legal field, representing almost all major firms and areas of practice, including newer fields focusing on cybersecurity, gaming and cannabis. Read more about these amazing women at Crain's Chicago Business.
Breach of contract
Franchise and dealership
Misappropriation of company assets
Embezzlement: Bribery, kickbacks, payoffs
White collar defense
eDiscovery and forensic imaging
Divorce: Tracing hidden assets
Friendly Patent infringement
Trade secret misappropriation
Trade dress infringement
Lost Business Value
Solvency / Insolvency
Contract / lost contract value
Trade Secrets / Patent Infringement
Expert witness testimony
Mergers and Acquisitions
Patents and patent portfolios
Trademarks & Copyrights
Contractual Damage Claims
Terminations for Convenience
Terminations by Default
Cost Recovery Issues
Adjusting Partially Terminated Contracts
Contractual Damage Claims
Commercial and General Topics
Not a how-to-calculate-damages book, but a process that The BERO Group calls
"The Pragmatic Solution" which can help you manage your damages case.
From start to finish, learn to work effectively and efficiently with your damages litigation team. This book will guide you through the steps to achieve success, offering a structure to engage fully with your damages analysis as you move from early preparation up to and through trial.
The Pragmatic Solution method will guide you through your work with your damages expert and help you develop a well-reasoned analysis that aligns with your liability case.
This respected Guide to Economic Damages contains 2 chapters which were authored by Rick Bero, CPA , Founder and Managing Director of The BERO Group.
The Comprehensive Guide to Economic Damages (5th Edition) edited by Nancy J. Fannon and Jonathan M. Dunitz, bridges the gap between the economics in damages cases and what the courts say about the calculations and evidentiary requirements. It provides a deep and rich resource, found nowhere else, for financial experts and attorneys seeking guidance on damage calculations.
You can find Rick Bero's contributing chapters in Volume One,
Part III Damages in Specific Industry Settings
Chapter 26. Patent Infringement Damages: Lost Profits and Royalties
By Richard F. Bero, CPA/ABV, CVA, CLP, and Autumn N. Nero, J.D
Chapter 27. Trade Secret Damages
By Richard F. Bero, CPA/ABV, CVA, CLP, and Jon Margolies, J.D.
With over 20 years of experience working with legal teams on complex litigation issues, we are as confident on the witness stand as we are in our analysis. As a result, we anticipate counter arguments and provide solid support for our conclusions, and your success.
There are several forensic accounting firms that offer to act as damages experts and specialists in forensic accounting.
Few, however, possess the complete package of specialized knowledge and communication skills required for successful litigation outcomes.
Forensic Accounting experts at The BERO Group take full ownership of the cases they work on and are quick to adapt as members of your litigation team.
Known for being responsive, BERO Group forensic accounting specialists are also flexible, as they efficiently adapt to the changing circumstances, difficult schedules, and pressing deadlines related to important litigation issues.
The BERO Group will work with you and your litigation team, to build confidence and project credibility in the opinions we deliver to your client, opposing counsel, judges and juries. Our forensic accounting specialists possess the skills needed to offer you and your clients a rare combination of high-level technical proficiency, creativity, and sophistication in our approach to litigation.
When the financial stakes are high for your client, it matters who you choose as your expert witness. You can trust The BERO Group to provide thorough, credible, supportable damages opinions. We're the preferred forensic accounting financial experts for many highly successful attorneys because we're experts at valuing what matters.
The BERO Group's diligent forensic accounting specialists
are ready to assist in your next assignment
When you hire The BERO Group, we become essential members of your litigation team. We take the initiative and actively communicate with your team. We build confident, supported opinions that withstand the toughest examination. And we deliver them clearly in the courtroom.
Information you can use
I had a discussion with an attorney recently wherein the topic of COVID-19 and foreseeability arose. In the hypothetical being discussed, the claimed wrongdoing occurred mid-2019 and its economic impact continues today.
Mandatory state shut down orders may trigger business interruption coverage if a Pennsylvania Court’s interpretation is widely accepted. With thousands of businesses around the world being shutdown pursuant to government mandates designed to slow transmission of to the COVID-19 virus, many business owners are looking to their insurance policies for a lifeline.
Accomplished in publishing writing guides for effective accounting principles, Rick Bero contributes to the BVR library ...
Organizations that trust The BERO Group to provide expert opinions and testimony