“The key to success as a damages expert is the ability to incorporate all your past experiences with the specific facts and circumstances of the case. Even after 20 years in the business, I am constantly faced with new challenges.”Chicago Office
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Supervised teams working on many types of intellectual property disputes
Conducted numbers IP valuations for transactional and tax-related purposes
Performed lost profits, reasonable royalty, price erosion, unjust enrichment, and other economic and financial analyses in a variety of industries
Richard Lettiere is a Managing Director in Ocean Tomo’s Expert Testimony practice, working out of the Chicago office. Prior to joining Ocean Tomo, Mr. Lettiere was a Vice President in the Intellectual Property Practice of Charles River Associates, beginning in 1998. He has led numerous engagements in intellectual property and bankruptcy and solvency disputes and has performed valuations in a number of different areas, including patents, trademarks, and enterprise-level analyses. He also has considerable experience in financial and accounting matters through his work as a public accountant and on the finance staff of The Walt Disney Company and Morgan Stanley, among others.
Mr. Lettiere has supervised engagement teams in many types of intellectual property disputes, including patent, trademark, and trade secret litigation as well as breach of contract matters. He has managed assignments from discovery through trial, performed lost profits, reasonable royalty, price erosion, unjust enrichment, and other economic and financial analyses in a variety of industries, including telecommunications, pharmaceuticals, semiconductors, automotive, agriculture, and medical products.
Mr. Lettiere has also provided assistance to clients engaged in both the licensing-in and licensing-out of technology. He has prepared valuations, researched comparable licenses, and recommended licensing structures. Additionally, Mr. Lettiere has conducted numerous valuations of intellectual property for transactional and tax-related purposes and is well-versed in appropriate valuation methodologies and approaches.
Mr. Lettiere holds a B.A. degree in Accounting from Adelphi University and an MBA from UCLA’s Anderson Graduate School of Management. He is also a CPA.
Mr. Lettiere is a member of the Licensing Executives Society International and an associate of the American Society of Appraisers.