10 Lessons from 10 Years of Forensic & Litigation Consulting in Australia
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2025年8月19日
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Since 2014, our Australian Forensic & Litigation Consulting team has played a critical role in helping clients navigate high-stake matters, transactions and regulatory challenges, with skills spanning dispute advisory, risk & investigations, forensic accounting, expert witness testimony, data analytics, valuations and cybersecurity. As we celebrate this milestone, our team members reflect on the challenging matters that have shaped us and, more importantly, resulted in positive outcomes for our clients. These experiences have reinforced the value of the lessons we've learned and the critical role that trusted, multidisciplinary expertise plays in guiding legal strategy and uncovering the truth.
Australian Forensic & Litigation Consulting experts at FTI Consulting share their most valuable lessons from a decade of supporting complex legal and regulatory matters, providing insights into practical strategies to strengthen legal approach and achieve successful outcomes.
Lesson 1: Lessons from Lifeplan: How Forensic Experts Bolster Legal Strategy
10 years on, FTI Consulting’s work on Lifeplan Australia Friendly Society Ltd v Woff still offers rich and relevant insights into the intersection of forensic expert evidence and legal strategy and into claims for ‘future profit’ in an ‘account of profits’. Read more here.
Lesson 2: How a ‘Dirty’ Expert Helps Clean up Your Accounting Evidence
Forensic accountants Dawna Wright and Uriel Koloditzky draw from their experiences on past engagements to showcase the impact a consulting expert can have on the assumptions, calculations, reports and ultimately the outcome of a matter. Read more here.
Lesson 3: How Data Analytics Makes the Difference in Expert Matters
A forensic accountant typically analyses accounting or financial data in a dispute or investigation context to investigate or quantify a financial issue. But as datasets grow exponentially larger and increasingly complex, the questions clients ask us are equally complex. This is where data analytics is useful — and, frankly, is now an essential tool for your forensic accountants to get to the answer. Read more here.
Lesson 4: Getting to the Truth: How a Cybersecurity Investigation Uncovered the Root Cause of a Ransomware Breach
When a major architecture firm suffered a ransomware attack, it turned to its managed security service provider for answers. But months later, key questions remained: How did the attackers access the system? Were third party vendors responsible? Read more here.
Lesson 5: Valuing “True Value” in Post-Acquisition Disputes
Unlike standard valuation methodologies grounded only in valuation principles, true value is a legal construct - defined and applied by courts for the purpose of assessing damages. Understanding the concept of true value is especially important for lawyers as they work with expert witnesses on damages matters relating to misleading or deceptive conduct. Read more here.
Lesson 6: In the Driver’s Seat: Learnings From the Automotive Industry
No two dealerships are alike… Each dealership operates under its own unique set of circumstances and even those within the same franchise group can differ markedly in financial performance and business structure. For those involved in valuation, loss assessment, or commercial disputes, it’s important to appreciate the nuanced nature of this industry. Read more here.
Lesson 7: Under the Guillotine: Inside a High-Stakes Expert Report Deadline
Forensic accountants Dawna Wright and Rhys Horwill share how a recent health care matter highlighted the risks of relying on flawed assumptions and reinforced the importance of stepping back to first principles to critically evaluate the opposing expert's overall methodology. Read more here.
Lesson 8: How Experts Navigate the Complexities of an Account of Profits
In recent years, we have seen a notable rise in legal proceedings that require quantifying an account of profits in addition to damages. There are six complexities which can potentially arise in an assessment of an account of profits. To find out what they are, read here.
Lesson 9: The Paradox of Progress: How a Decade of Financial Reform Created Both Clarity and Complexity
Over the past decade, FTI Consulting’s work advising financial institutions through major regulatory transformations has revealed a critical insight: comprehensive regulatory reform, while achieving its policy objectives, often creates unintended operational complexity that can undermine compliance effectiveness. This analysis examines how Australia’s regulatory evolution has created both opportunities and challenges for institutional risk management. Read here.
Stay tuned: The last article in the series, Purchase Price Adjustments, will be added here shortly.
发布于
2025年8月19日
主要联络人
Senior Managing Director, Head of Australia Forensic & Litigation Consulting