PLEASE NOTE: Training Packs are not being offered for this webinar

This webinar is part of BVR’s Special Series on Economic Damages and serves as a complement to the recently published Comprehensive Guide to Economic Damages, 7th Edition.

Valuation professionals face liability risks from many potential plaintiffs employing an increasing set of theories supporting their claims. This session breaks down sources of professional liability claims, best practices to avoid or mitigate lawsuits, and how to best utilize risk management strategies. Professional liability insurance is often a key piece of valuation professional firm risk management, so proper use of those policies and their exclusions are also addressed.

• Exposures for valuation and litigation support professionals:
  
  • Anatomy of a professional liability claim;
    
  • Professional liability insurance—coverage for negligence; and
    
  • Ethical traps (association and licensure).
    
• Avoiding professional liability traps; and
  
• Documentation designed to reduce liability exposures.

1. Understand sources and nature of claims against valuation and litigation support professionals;
   
2. Develop/implement strategies to avoid becoming a defendant;
   
3. Anticipate challenging ethical issues, develop appropriate responses; and
   
4. Navigate responsibilities under professional liability policies.