Press release
New Article Explores Business Valuation Strategies for Attorneys
FOR IMMEDIATE RELEASE[Birmingham, AL] - [Feb 5, 2025]
Title: Understanding Business Valuation Approaches and Methods: A Comprehensive Guide for Attorneys
Attorneys handling marital dissolutions, mergers, acquisitions, estate planning, and partnership disputes now have an essential resource at their disposal. A new article by William C. Dameworth and Kelly A. Schmid, published in Family Advocate (Winter 2025, Vol. 47, No. 3), provides a deep dive into business valuation methodologies crucial for legal professionals.
The article explores the three primary business valuation approaches-the Income Approach, Market Approach, and Asset-Based Approach-offering practical insights for attorneys navigating financial complexities in their cases. From understanding Discounted Cash Flow (DCF) models to leveraging market comparables, the authors break down key valuation considerations that can impact case outcomes.
"With business valuation playing such a crucial role in legal disputes and negotiations, attorneys need to understand these principles to better serve their clients," said co-author William C. Dameworth, CPA, ABV, CVA, MAFF, CFF. "This guide helps bridge the gap between financial analysis and legal advocacy."
Co-author Kelly A. Schmid, CPA/ABV, ASA, added, "By equipping attorneys with a strong foundation in valuation methods, we aim to help them make informed decisions, work effectively with valuation professionals, and advocate for fair outcomes."
The full article is available in the Winter 2025 edition of Family Advocate, a publication of the American Bar Association.
For media inquiries or to schedule an interview with the authors, please contact:
Kelly J. Todd, CPA, ABV, CFF, CFE
Forensic Strategic Solutions
120 19th Street North
Suite 271
Birmingham, AL 35203
205.397.2122
Forensic Strategic Solutions is a national investigation firm that combines fraud examination with investigative financial consulting services in order to illustrate and present complex financial data in courts of law and other forums. For more information, visit https://www.forensicstrategic.com.
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