CALIFORNIA EVIDENCE: CIVIL AND CRIMINAL
...Opinion & Scientific Evidence
......Forensic Issues
.........Valuation of Property
............Professional Practices
8 Cards On This Topic:
  • List of assets and liabilities to be examined in valuing law practice.
  • Excess earnings method of calculating goodwill explained.
  • Determining capitalization rate for excess earnings approach.
  • Excess earnings approach should be used only if no better approach available.
  • Excess earnings method explained.
  • Goodwill value based on 3 months of gross receipts affirmed.
  • Improper to consider postseparation efforts when valuing goodwill.
  • Valuation of professional practices.