Forensic Economist Qualifications for Virginia Damages Cases

By Christopher Skerritt, M.Ed., MBA, Chief of Economic Services · Published · Reviewed

Virginia has no formal gatekeeping standard for expert testimony; the court asks whether the economist is qualified by training and experience, whether the opinion rests on an adequate factual foundation rather than speculation, and whether the method is reliable, and it excludes an opinion whose assumptions the record does not support. An economic damages report is therefore built so that each input traces to the record and each rate and table to a published source. The forensic economist qualification is what that inquiry examines: graduate training in economics, finance, or business, a published damages method applied to the record, and a record of reports and testimony.

Recognition and qualification in Virginia

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.

For a matter venued in Virginia, counsel verify the qualification the same way in every venue, because no state licenses forensic economists and there is no Virginia register to check. The elements are the economist's graduate training, the published method behind each component of the report, and the testimony record, and each can be examined directly: the CV, the report's stated sources, and the transcripts of prior depositions. In Virginia, the same elements are what the court weighs when the opinion is challenged, so a report that ties every input to the record and names its data sources answers the qualification question before it is asked.

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

Virginia courts and venues

Economic damages experts testify in Virginia'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 Virginia. Federal venues: E.D. Va., W.D. Va. Court system: vacourts.gov.

Our economists with this credential who serve Virginia

Other credentials in Virginia

Frequently asked: qualifying a forensic economist in Virginia

How do Virginia courts qualify a forensic economist?

Virginia has no formal gatekeeping standard for expert testimony; the court asks whether the economist is qualified by training and experience, whether the opinion rests on an adequate factual foundation rather than speculation, and whether the method is reliable, and it excludes an opinion whose assumptions the record does not support. An economic damages report is therefore built so that each input traces to the record and each rate and table to a published source. 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 Virginia damages matters or call (201) 343-0700. Plaintiff and defense counsel.