Our specialist veterinary team has almost 30 years of experience in the sector, which provides significant benefits to our forensic accounting work, as we have the knowledge and experience required to provide a tailored and professional forensic service to you.

How can we help you? 

An increasing number of individuals are seeking input from advisers with regards to the merits of pre-nuptial agreements and the re-arrangement of personal and marital assets. In addition, valuations of shares and businesses and tax calculations are often needed in divorce cases to assist the parties and the court.

We can act as experts instructed by one party, single joint experts, or shadow experts, providing advice on settlements as well as all financial aspects of marriage and divorce. We can also advise on any relevant business arrangements, including taxation and issues arising from assets held overseas.

Losses can be incurred as a result of breach of contract, intellectual property disputes, natural disasters, professional negligence, regulatory disputes or compulsory purchase orders.

Accurate valuations, taking into account aspects such as tax implications, are essential. We can undertake valuations for a wide range of purposes, including acquisitions and disposals, taxation, regulatory matters, as well as in support of commercial litigation cases. As well as using a variety of standard methodologies and techniques, we use our sector-specific experience and apply our judgment, meaning our valuations are well-researched and unique to each individual case.

 

Personal losses may arise from accidents, industrial disease or medical malpractice, whilst businesses may suffer substantial losses as a result of matters that are insured.

We can prepare calculations and schedules for inclusion in statement of claims or counterclaims, review and comment on calculations presented, provide expert witness reports and give evidence in court, whilst acting as either single or joint experts.

Loss of profit can occur due to several reasons including personal injury, business disruption or contract breaches, and can be detrimental to businesses if not handled properly.

We can help you determine when a claim can be made and calculate the potential value of loss in accordance with court requirements, by evaluating how the business would have performed without the loss-causing incident, looking at all relevant areas of the business and projecting future profits or earnings.

Discover how we can draw on both our experience in the veterinary industry as well as specific cases to provide a tailored and professional forensic service to you by downloading our guide below.

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Please contact a member of the team to find out more, and we will be happy to assist you. 

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Case studies

Loss of veterinary income and profit due to injuries sustained from a road traffic accident.

We were asked to assess the loss of earnings of a veterinary surgeon following a road traffic caccident which left the individual unable to work.

This involved assessing the loss of earnings throughout the individual’s prospective career, initially as an employee, and then subsequently as a partner in a veterinary practice. This also included a projected loss of value in capital/goodwill the individual would have realised, up to the point of normal expected retirement age.

Our report contributed to securing a significant settlement for our client.

In respect of a divorce between a vet and their spouse, the company was valued using our considerable experience of the veterinary industry. The potential capital gain in respect of the business assets was also calculated.
The valuation was prepared under a single joint expert basis and was used by both sets of solicitors in settling the divorce

Retrospective valuation of veterinary company in respect of an historical divorce between a vet and their spouse. The company was valued based on our knowledge of historical valuations in the veterinary industry. 

The valuation report contributed towards the settlement of historical matters.

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Testimonial from Head of the Family Team at Lodders Solicitors

"(...) I, along with other members of the team, have instructed the team to undertake work either on a single joint instruction basis (...) or as a ‘shadow accountant’ within divorce/financial remedy proceedings. The experts within Hazlewoods Veterinary team have a broad range of experience in valuing businesses and operate in an efficient, cost-proportionate and timely manner. (...) we have found their support and experience invaluable and of great benefit to clients."

Testimonial from Tim Beasley, Head of Catastrophic Injury Claims, Levenes Solicitors

"The Hazlewoods Veterinary team has unrivalled inside knowledge of the veterinary sector based on years of experience. This is why we approached them to provide expert opinion on the earnings potential of our client who was a veterinary surgeon. In this case, the inside knowledge of the sector trumped anything that our opponents could come up with. I would like to thank the team for the tremendous work they did for our client which made an important contribution to securing a great settlement."

Content image: /uploads/team/unknown.jpg Phil Swan
Phil Swan
Partner
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Content image: /uploads/team/unknown.jpg Rachel Vines
Rachel Vines
Director
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