Provided lost profit analysis associated with employee departure

Provided lost profit analysis associated with employee departure

Stout was engaged to analyze the alleged lost profits associated with the departure of a marine insurance professional from a former agency to a new agency. Stout’s analysis considered the agents customer relationships at his prior employer and the customers that were later serviced at his new employer. This analysis also considered facts and testimony associated with the strength of the agents relationships and the incremental costs and risks associated with any but-for revenue and profits. The matter settled at mediation after deposition testimony from Stout’s expert.