Jim Barolak has more than 25 years of experience as a financial consultant, manager and engineer, including more than 15 years of experience as a litigation damages consultant and expert witness. He has advised corporate management and legal counsel in due diligence, troubled projects and complex litigation, in a wide variety of industries.
Much of Jim’s professional career has focused on intellectual property matters. He has calculated lost profits, reasonable royalties and price erosion in disputes involving patents, trade secrets, trademarks and copyrights. He has also valued intellectual property assets for licensing and other transactions.
Jim has analyzed damages in complex commercial litigation arising from breach of contract, construction claims, business interruption, insurance fraud, professional malpractice, debtor/creditor relations and other disputed matters.
Jim began his career as a petroleum engineer for a major oil and gas company, where he developed solid engineering problem-solving skills. Jim has also worked as a credit recovery officer and loan workout specialist for a large national bank, where he applied his problem-solving skills and expertise in finance, accounting, and management to resolve troubled loans and maximize loan recoveries.