Richard J. Gering
Partner

P: 215.557.2202
Richard.Gering@ParenteBeard.com

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Philadelphia Office
One Liberty Place
1650 Market Street, Ste. 4500
Philadelphia, PA 19103-7341
P: 215.972.0701
F: 215.563.4925

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Richard is a partner in the firm’s Forensic, Litigation and Valuation Services group and has provided economic, statistical and financial consulting services to attorneys, and corporate clients since 1992. He has served as an economical damages expert witness in Federal and State courts as well as in arbitrations.

Prior to joining ParenteBeard, he spent approximately 10 years with a Big Four accounting firm. He specializes in providing consulting and expert witness assistance including economic and statistical analysis related to commercial disputes. Richard assists law firms and corporate clients with the calculation of damages, econometric model building, forecasting, market studies, profitability analysis, valuation and product pricing studies.  As part of his practice, Richard has provided economic and strategy consulting on pricing and contracting issues .

Richard focuses on economic consulting and quantifying damages in all forms of intellectual property disputes including patents, trademarks, copyright, trade dress and trade secrets as well as other complex commercial disputes. Representative intellectual property assignments include quantifying economic damages in the form of lost profits, reasonable royalties, price erosion and convoyed sales. Richard has also evaluated intellectual property in non-dispute contexts such as licensing and transactions.  Richard holds a Certified Licensing professional designation.

Richard has provided consulting and expert witness assistance for clients in many industry sectors including medical device, pharmaceutical, biotechnology, hi-tech, software, manufacturing and service industries.

Richard is an adjunct lecturer in Law at Villanova University School of Law where he teaches “Economic Damages.” He has presented seminars to organizations such as the American Bar Association, the American Institute of Certified Public Accountants and the American Intellectual Property Law Association on topics including, an economist’s role in antitrust litigation, and advanced intellectual property damages and valuation issues. He has published on topics such as trademarks, lost profit methodology, patent infringement damages and intellectual asset management.

Education

  • BC – Economics, University of Natal
  • MA – Economics, University of Maryland
  • Ph.D – Economics, University of Maryland

Professional Affiliations

  • American Bar Association
  • Licensing Executives Society
  • American Economic Association
  • Intellectual Property Owners Association