This session will focus on the various components that are often utilized when building economic damage models. Developing credible economic damage models is a complex exercise with a number of components including, but not limited to, historical financial information, projected financial information, industry research, market research, case law, and much more. This session will explore the various components utilized in economic damage models and help the practitioner better understand how the various pieces of an economic damages puzzle can come together to form a credible model.
Learning Objectives:

1. Recall the legal elements a party must prove
2. Recognize what makes a damages model reliable and believable
3. Identify the potential financial research used to build a formidable model
4. Estimate or forecast what is inherently unknown