The BERO Group

Damages Experts

The BERO Group
Economic Damages Experts

Equipped to assist in your litigation matters

We have the forensic accounting specialists you need to provide expert witness testimony in claims for commercial and intellectual property damages.

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 when pursuing economic damages in litigation matters.

Remote Testimony and Conference Capabilities

Rick Bero Zoom DepositionThe BERO Group specialists are experts at providing testimony using programs like Zoom, Teams, Webex and various other virtual meeting platforms.
Our economic damages experts are equipped with the knowledge, skill and dedication to adapt to any of your litigation needs.

Economic Damages consulting in litigation matters isn't just an ancillary aspect of our practice — it's our specialty. Our track record and list of satisfied clients speaks for itself.

Contact us today for more information.

The Damages Report

Economic Damages

Hire Your Damages Expert Early
The Federal Circuit Agrees?

By Ronald A. Bero, Jr., CPA/ABV, CFF

Hiring an architect before you build your new home is much like hiring a damages expert before you build your case. It may just provide you and your clients with damages related insights early on that can help guide portions of your case.
A recent ruling by the U.S. Court of Appeals for the Federal Circuit (the “Federal Circuit”) may also highlight the importance of doing so.

Read more

Milwaukee Justice Center

The BERO Group is a proud sponsor of the Milwaukee Justice Center. Find out more.

Damages Expert Witness and
Litigation Service Offerings

Commercial Litigation

Commercial Litigation

Breach of contract
Tortious interference
Franchise and dealership
Products liability
Economic Damages
Expert witness testimony

Forensic Accounting

Financial Fraud

Fraud investigation
Misappropriation of company assets
Embezzlement: Bribery, kickbacks, payoffs
White collar defense
eDiscovery and forensic imaging
Data mining
Divorce: Tracing hidden assets

Intellectual Property

Intellectual Property Litigation

Friendly Patent infringement
Trade secret misappropriation
Trademark infringement / Trade dress infringement
Copyright infringement
Economic Damages
Expert witness testimony

Commercial Damages

Commercial Damages

Lost Profits
Solvency / Insolvency
Contract / lost contract value
Trade Secrets / Patent Infringement
Expert witness testimony

Personal Damages

Personal Damages

Personal Injury
Wrongful Death
FLSA Claims
Expert witness testimony



Trade Secrets
Mergers and Acquisitions
Patents and patent portfolios
Trademarks & Copyrights
Contractual Damage Claims

Government Contracts

Government Contracts

Terminations for Convenience or by Default
Cost Recovery Issues
Adjusting Partially Terminated Contracts
Contractual Damage Claims
Expert witness testimony

CLE Presentations

CLE Presentations for Credit

Intellectual Property
Lost Profits or Earnings
Insurance Claims Calculations
Damages Calculations
Litigation Damages Blueprint

Now in Print!

The Litigator's
Damages Blueprint
The Pragmatic Solution

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.

Rick Bero Shares The BERO Group Approach to Litigation

Litigator's Damages BlueprintFrom 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.

Richard Bero,
Contributing author to

The Comprehensive Guide to

Economic Damages

This new edition, edited by Nancy J. Fannon, Jonathan Dunitz, Jimmy Pappas, Bill Scally, and Steve Veenema, features 49 chapters drawing on the expertise of nearly 70 financial experts and attorneys.

Comprehensive Guide to Damages The Comprehensive Guide to Economic Damages (6th Edition) combines the economic expert’s knowledge of damages calculations and methods with legal and case analysis. It provides a deep and rich resource for financial experts and attorneys seeking guidance on appropriate remedies and related damages calculations, and addresses many of the problems that may arise in any case. The breadth and depth of topics discussed, along with 300 court case digests, makes the Guide the most comprehensive body of knowledge relating to economic damages available.

You can find Rick Bero's contributing chapters in Volume One,

Chapter 28. Patent Infringement Damages: Lost Profits and Royalties
By Richard F. Bero, CPA/ABV, CVA, CLP, and Autumn N. Nero, Esq.

Chapter 29. Design Patent Damages
By Richard F. Bero, CPA/ABV, CVA, CLP, and Christopher V. Carani, Esq.

Chapter 30. Trade Secret Damages
By Richard F. Bero, CPA/ABV, CVA, CLP, and Jon Margolies, Esq.

About The BERO Group

Economic Damages Experts

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.

The Complete Package in Damages Litigation Services

There are several forensic accounting firms that offer to act as damages experts and specialists in economic damages litigation.
Few, however, possess the complete package of specialized knowledge, communication skills and expert witness experience required for successful litigation outcomes.

Damages 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 accounting specialists are also flexible, as they efficiently adapt to the changing circumstances, difficult schedules, and pressing deadlines related to important litigation issues.

Honest | Direct | Effective

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 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.

Valuing What Matters

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 damages financial experts for many highly successful attorneys because we're experts at valuing what matters.

What our clients say...

Rise International

The BERO Group had been engaged by an Illinois based Not-for-Profit organization, RISE International, to perform a completion audit of their “Schools for Angola” project. The two and a half year long project resulted in construction of 26 schools in Angola at a cost of almost $9 million. The “Education Above All Foundation – Educate A Child Programme”, based in Qatar, contributed approximately $2.8 million toward the project. The audit performed by The BERO Group fulfilled the grant agreement requirement.

"The BERO Group performed a Grant Project Audit for RISE International. We were delighted to work with Jim McGovern and Jack Lazarczyk, and appreciated the time they took to understand the project, its detail, intricacies, and complexity. Extremely grateful for their expertise, thorough in-depth approach, experience, and professionalism, we highly recommend their work."

— Lynn Cole
Executive Director
RISE International

News & Events

Information you can use

Economic Damages, CPAs and a Bowl of Ice Cream

The majority of economic damages experts I am aware of are either CPAs or academics.
Why are economic damages experts often CPAs?

What makes some CPAs uniquely qualified to be good economic damages expert witnesses?

Why Are Lost Wages Certain?
They Aren’t.

I remember years ago my first wrongful death, lost wage (w-2 employee wage) claim. The economist quantified lost wages through the Social Security Administration’s retirement age and “discounted” them back to the present using the total offset method.

I understood the concept of the total offset method. What bothered me, however, was the idea that wages, through retirement age, were as certain (riskless) as a U.S. Government Bond.

Proximate Cause, Foundation and Alignment

While damage experts are usually aware of connecting damages with proximate cause, I am sometimes surprised by how misguided some experts' understanding of it is.

Damage experts and attorneys should know that any claimed damages must be proximately caused by the alleged wrongdoing(s). The concept of proximate cause dates back to at least 1858.

ACFE 2020 Report to the Nations

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."

— The Association of Certified Fraud Examiners 2020 Report to the Nations on Occupational Fraud and Abuse

Read More

Representative Law Firms

Organizations that trust The BERO Group to provide expert opinions and testimony