Patent, +4
Technology
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Review of Case Materials
Reviews records, documents, testimony, data, and other relevant materials and consults with counsel regarding technical issues related to the matter.
Provide Expert Analysis
Applies specialized knowledge and experience to evaluate the technical or professional issues involved.
Form Expert Opinions
Develops independent, supportable opinions based on the available evidence and relevant standards.
Prepare Expert Reports
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Intangible assets can include customer relationships, trademarks or trade names, patents, copyrights, software, licenses, contractual rights, technology, noncompetition agreements, and other identifiable nonphysical assets that provide economic benefits. An Intangible Assets Expert Witness may examine the characteristics, expected benefits, useful life, legal or contractual rights, and available financial information associated with the asset. Defining the asset carefully is important because different intangible assets can have different economic characteristics, protections, cash flows, and valuation considerations.
An Intangible Assets Expert Witness may consider income, market, or cost approaches depending on the asset, valuation purpose, and available evidence. Income-based methods can include relief-from-royalty or excess-earnings techniques, while market methods may rely on relevant transactions or licensing information and cost methods may consider the economics of reproducing or replacing an asset. The appropriate methodology depends on the asset's characteristics, available data, valuation purpose, and applicable valuation framework.
An identifiable intangible asset can generally be distinguished from the broader business because it is separable or arises from contractual or other legal rights. Goodwill generally represents residual economic value associated with a business that is not attributed to separately identifiable tangible or intangible assets. An Intangible Assets Expert Witness may therefore need to distinguish specific intangible assets from goodwill because the classification, expected economic benefits, and valuation methodology can differ.
The economic life reflects the period over which an intangible asset is expected to generate economic benefits. Customer attrition, technology obsolescence, contract duration, competition, legal protection, replacement behavior, and market changes can all influence that period. An Intangible Assets Expert Witness may examine these factors because different economic-life assumptions can materially affect projected cash flows and the resulting valuation.
Patent, +4
Technology
Prepares clear, well-supported expert reports outlining methodology, analysis, findings, and opinions.
Provide Deposition Testimony
Explains findings and opinions under oath and responds to questioning during deposition testimony.
Testify in Court
Presents specialized findings and opinions clearly to judges, juries, arbitrators, or other decision-makers.
Intangible Assets expertise focuses on the identification, economic characteristics, useful life, and valuation of nonphysical assets. Intellectual Property expertise focuses more specifically on rights and subject matter associated with patents, trademarks, copyrights, trade secrets, and related intellectual property. Intellectual property can constitute an important category of intangible asset, but not every intangible asset is intellectual property. Questions concerning legal ownership, validity, or infringement remain separate from the valuation analysis.