New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report answers those questions by stating its assumptions and citing its sources. 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 New Mexico 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 New Mexico 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 New Mexico are stated at engagement.
KW Economics economists apply nationally recognized methods while accounting for New Mexico's wage levels, venue, and damages rules.
Economic damages experts testify in New Mexico's courts, where qualification is decided case by case on education, method, and experience rather than on any single credential.
Highest court: New Mexico Supreme Court. Federal venues: D.N.M. Court system: nmcourts.gov.
KW Economics provides forensic economists for New Mexico 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.
New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report answers those questions by stating its assumptions and citing its sources. 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 New Mexico damages matters or call (201) 343-0700. Plaintiff and defense counsel.