AAEFE Membership and Puerto Rico Damages Testimony

By KW Economics Editorial Team · Published · Updated

Puerto Rico'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. A damages report meets that inquiry by naming its sources and tying each assumption to the record, in the language the court requires. 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.

Recognition and qualification in Puerto Rico

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 Puerto Rico 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 Puerto Rico 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 Puerto Rico are stated at engagement.

KW Economics economists apply nationally recognized methods while accounting for Puerto Rico's wage levels, venue, and damages rules.

Puerto Rico courts and venues

Economic damages experts testify in Puerto Rico'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 Puerto Rico (Tribunal Supremo de Puerto Rico). Federal venues: D.P.R.

Forensic economists for Puerto Rico matters

KW Economics provides forensic economists for Puerto Rico 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.

Other credentials in Puerto Rico

Frequently asked: qualifying a forensic economist in Puerto Rico

How do Puerto Rico courts qualify a forensic economist?

Puerto Rico'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. A damages report meets that inquiry by naming its sources and tying each assumption to the record, in the language the court requires. 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.

More questions about this credential

References

Request a consultation on Puerto Rico damages matters or call (201) 343-0700. Plaintiff and defense counsel.