About James

James M. Godbout is a partner in the Advisory Services practice located in the Chicago, IL office. He specializes in business valuation, dispute advisory and financial consulting. Mr. Godbout has provided valuation, dispute advisory, financial consulting and forensic accounting services for numerous purposes, including marital dissolutions, shareholder disputes, estate and gift taxation, business succession planning, commercial litigation, economic damage analysis, breach of contract, property tax appeals, Employee Stock Ownership Plans, class action suits, reasonable compensation, financing, purchase and sale advisement, executive stock options, and other tax, corporate and litigation related matters. He has testified in federal court, state court and at American Arbitration Association proceedings. Additionally, Mr. Godbout has been trained in mediation and collaborative law.

Mr. Godbout’s experience encompasses a wide range of industries, including but not limited to automotive, banking, physician practices, dental practices, insurance, manufacturing, law firms, healthcare, financial services, private equity funds, hotels, assisted living, retailing, wholesale distribution, consulting, trucking, brokerage, construction, restaurants, software, and consumer products. He has lectured, published articles and presented continuing education seminars for organizations such as the American Bar Association, American Association of Matrimonial Lawyers (AAML), American Institute of Certified Public Accountants, Illinois State Bar Association, Illinois Institute for Continuing Legal Education, Northwestern University School of Law, John Marshall Law School, Illinois CPA Society and several local bar associations.

Mr. Godbout previously served as the Business Valuation Chairperson for the Chicago Chapter of the American Society of Appraisers. He is a current member of the American Society of Appraisers (ASA), National Association of Certified Valuators and Analysts (NACVA), Institute of Divorce Financial Analysts (IDFA), Association of Certified Fraud Examiners (ACFE), Financial Planning Association, and Chicago Estate Planning Council and a Charter Member of the AAML Foundation – Forensic and Business Valuation Division.

Professional & Civic Affiliations

  • American Society of Appraisers (ASA)
  • National Association of Certified Valuators and Analysts (NACVA)
  • Institute of Divorce Financial Analysts (IDFA)
  • Association of Certified Fraud Examiners (ACFE)
  • Financial Planning Association, the Chicago Estate Planning Council and a Charter Member of the AAML Foundation – Forensic and Business Valuation Division

Expertise

Business Valuation
Litigation Support
Matrimonial Litigation
Shareholder Disputes

Accreditations & Designations

ASA: Accredited Senior Appraiser (Business Valuation Discipline)
CVA: Certified Valuation Analyst
CDFA: Certified Divorce Financial Analyst
CFE: Certified Fraud Examiner
CFP®: Certified Financial Planner

Curriculum Vitae

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