Litigation Support

Litigation consulting and support often involve multiple complex accounting and legal issues that overlap and intertwine. Friedman Consulting, LLC has a broad business background and forensic accounting experience that are vital resources to the whole litigation team and provides valuable insight into financial issues. Friedman Consulting, LLC professionals are trained to look beyond the numbers and deal with the business reality of the matters at hand.

Friedman Consulting, LLC has experience in a wide range of types of cases spanning many different industries. The pragmatic and in-depth analysis that we employ perfectly complement the experience a law firm will bring to any matter. Our reports are prepared with the objective of presenting evidence in a professional and concise manner.

While Friedman Consulting, LLC professionals are not attorneys, there can be privilege with our clients through a Kovel Letter. The Kovel Letter describes our role and work to be performed in tandem with the attorneys. Named for the landmark 2nd Circuit case of Kovel v. Commissioner, the Kovel Letter is the formal engagement letter between an attorney and accountant. First the client will engage the services of a law firm who, in turn, will engage our services. Thus, any subsequent discussions with Friedman Consulting, LLC are protected under attorney-client privilege. On the other hand, your CPA firm cannot have the benefit of privilege under a Kovel Letter because their services are discoverable.

Why would you ever need a litigation consultant like Friedman Consulting, LLC?

Attorneys use consultants in litigation for the same reasons that businesses retain consultants as advisors. Lawyers need quality advice when litigating, and we offer this service because we have experience in pragmatically advising companies with their problems in the business world. The law firms we consistently work with understand and respect this practical experience. Because accounting is the language of business, accountants can often clarify business transactions and explain the records reflecting them to lawyers, judges, and the jury in language they can understand.

Litigation is a very expensive and complicated endeavor. Before a decision is made to litigate and retain a law firm, a client needs the assistance of Friedman Consulting, LLC in this initial phase in the following ways:

• Assistance in obtaining documentation necessary to support or refute a claim.
• Review of the relevant documentation to form an initial assessment of the case and identify the theory or theories of the case. Developing a case theory is one of the key tasks in litigation because it gives the entire litigation team direction to all strategies and tactics to win the case.
• Review alternate solutions.
• Review options to strengthen the case before litigation is commenced.
• Recommend attorneys that have successful experiences with similar cases.

We have cultivated long term relationships with various law firms. Because we have a firsthand knowledge of their specialties and expertise, we are able to pair them with the appropriate clients. These law firms have an understanding of the actual need to retain the services of Friedman Consulting, LLC specifically early on but also understand our value at any point in the process. Each client’s case is inherently unique so the actual adopted approach and work performed will be geared specifically to the individual client.