DAVID PITTS is the owner of Independent Actuarial Services (www.indactuary.com) and a founding member of the Actuarial Advisory Network, dedicated to serving the needs of the legal profession and the broader public. His practice areas include the expert appraisal of economic losses, with an emphasis on executive compensation and benefit valuation, and on the development of risk management strategies for defined benefit and defined contribution plans. Pitts is a fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and a member of the National Association of Forensic Economics.