Guam's rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. An economic damages report answers that inquiry by naming its data sources and tying each input to the record. AAEFE membership adds a curated damages literature, the academy's peer-reviewed journal, that a report's method can be measured against; it does not replace that inquiry, and it is not a certification.
State recognition: Recognized nationally; no state licensure applies. There is no state license for forensic economists to check, so counsel verify the credential with its issuer and review the economist's testimony record directly.
AAEFE membership carries no Guam recognition and needs none: the academy is a national association of economists, finance academics, and accountants who serve as experts, and membership signals participation in its journal and meetings rather than a tested qualification. Its value in a matter venued in Guam runs through the literature. When a discount rate approach, a valuation method, or a lost profits framework in a report can be traced to the academy's journal, the method has a published, criticized, and refined basis, and an opposing report that departs from that literature can be measured against it. Membership is confirmed with the academy directly, and the affiliations of the economist assigned to a matter venued in Guam are stated at engagement.
KW Economics economists apply nationally recognized methods while accounting for Guam's wage levels, venue, and damages rules.
Economic damages experts testify in Guam's courts, where qualification is decided case by case on education, method, and experience rather than on any single credential.
Highest court: Supreme Court of Guam. Federal venues: D. Guam.
KW Economics provides forensic economists for Guam damages matters, including remote consultation, report preparation, and deposition or trial testimony where the case is venued. Contact us to discuss availability for your matter.
Guam's rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. An economic damages report answers that inquiry by naming its data sources and tying each input to the record. Recognized nationally; no state licensure applies. There is no state license for forensic economists to check, so counsel verify the credential with its issuer and review the economist's testimony record directly.
Request a consultation on Guam damages matters or call (201) 343-0700. Plaintiff and defense counsel.