Quantifying the damages suffered by businesses in employee competition matters can be complex and time-consuming, and largely dependent upon the availability and quality of financial information.

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In the Appendix to EMPLOYEE COMPETITION, 3RD EDITION, David Stern and Dan Langley of StoneTurn Group UK focus on the key concepts considered by forensic accountants in team move, staff poaching and client solicitation type claims, and the practical matters such as documentation and information required in these situations.

More specifically, Stern and Langley address losses in terms of both profits and revenue, the “but-for” world, required data and the presentation of financial information, impact on costs, mitigation, the period of the loss, application of discount rates to future loss of profits, accounting of profits and other damages issues.

To obtain a copy of the book, please visit Oxford University Press.
For more information on this topic, please contact David Stern or Dan Langley.

Also see: Loss Claims and Economic Damages

About the Authors

David Stern

David Stern

David Stern, a Partner with StoneTurn, is a Fellow of the Institute of Chartered Accountants in England & Wales, and has over 25 years of experience in forensic accounting investigations […]

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Dan Langley

Dan Langley

Dan Langley has more than 15 years of experience as a chartered accountant, and extensive experience working with clients involved in complex commercial disputes. Dan analyses and quantifies client claims, […]

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