Dan Baldwin 2013-12-27 11:45:10
As a damages expert specializing in commercial litigation, bankruptcy and construction matters, David Bones of the Kenrich Group, LLC enjoys what he calls “the inherent chess match” that occurs in almost every type of litigation. The Kenrich Group is a national business and litigation consulting firm with offices in Austin, Chicago, Dallas, Minneapolis, New York, Phoenix and Washington D.C. The firm’s professionals, including accountants, financial analysts and engineers, use their expertise to investigate and analyze complex issues and disputes. Bones has focused primarily on commercial litigation, valuation, construction, government contracts, and bankruptcy matters, including breach of contract, fraudulent conveyance, preference, intellectual property, professional malpractice, breach of fiduciary duty, and shareholder disputes. The firm can provide expert testimony in court and alternative dispute resolution forums, including arbitration and mediation. Bones has a finance degree and considerable experience with analyses involving valuation issues, lost profits and financial conditions. He has more than 12 years of experience in the field and has been involved in more than 100 cases or legal matters, with damages ranging from $50,000 to $6 billion. As of this date, he has not yet testified in deposition or trial, but for a very sound reason. “All of the engagements I have issued a report in have settled prior to my deposition, including one the night before,” Bones says. Bones was recruited out of Arizona State University – where he earned his bachelor’s degree in finance, magna cum laude – by Tucker Alan, a national litigation consulting firm. Tucker Alan was later acquired by Navigant Consulting, an international consulting firm. He joined The Kenrich Group in 2010. He says he has been fortunate to work with several very seasoned experts and to have learned from their experiences in various types of disputes and venues, which has been invaluable in shaping his approach to every case. One of the most challenging aspects of any case, according to Bones, is moving on from a promising analysis when the realization sets in that it will be too complicated to present at trial. “The ability to boil down most disputes to a few key points that can change the course of a case is one of the most important skills I bring to the table,” Bones says. Bones enjoys fast-paced and complex engagements with significant involvement from the attorneys and says that the more opportunity the firm has to work with counsel and the client, the better the ultimate work product will be. “I believe a good expert witness must possess three skills or attributes: (1) the ability to review a significant amount of information, such as documents or data, and filter it down to the critical issues; (2) the ability to communicate these often complex issues effectively to the client, counsel and, most importantly, to the trier of fact; and, (3) the ability to maintain composure in many challenging situations such as cross-examination,” Bones says.
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