You Want the Valuation Experts to Reconcile: Are You Prepared for the Outcome?

Co-Sponsored by the National Association of Certified Valuators and Analysts®  (NACVA®) 

	Program Description		Who Should Attend
	How You Will Benefit		Schedule

Program Description
It sounds great if the valuation experts can resolve their differences. A trial might be avoided, saving time and money. This strategy is not without peril, and clients may even find themselves unexpectedly bound by an agreement or terms they did not expect. This course will discuss the counsel’s decision to have the experts meet, the expectations, and structure of the meetings. Communicating objectives to the expert and understanding the process will improve the effectiveness of a discussion between experts and increase the likelihood of success.

How You Will Benefit
After completing this course, attendees will be able to:

• Determine the theory differences and isolate the key differences, as this may offer an alternative to an expert meeting. Understanding the case strategy, discovery deadline, and available alternatives will help with the decision on whether the meeting should occur.
• Identify the role of the experts and the goals for the process, as these will be key to a successful meeting. For example, will the experts have authority to bind the parties if a deal can be met. Discussion will include resolution models, dealing with conflicting valuation dates, and recommended documentation.
• Recognize that the forum, attendees, duration, and follow up are all considerations in the process. The WV Supreme Court case Donna S. v. Travis S. will be used to illustrate the "meeting of the minds" concept.

Take Aways
Experts reaching an agreement that is exactly 50% of the differences is uncommon, and splitting the difference is less likely in today’s courts. Communicating objectives to the experts and understanding the process will improve the effectiveness of the discussion(s) and increase the likelihood of success. Creating an acceptable range of values will help establish boundaries not to be crossed just to settle the case.

Who Should Attend

Delivery Method Group Internet-Based Program Level Intermediate Advanced Preparation None Prerequisites Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.    Behavioral Ethics 1 Total CPE Hours   1

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