NAFE Membership and Arkansas Damages Testimony

By KW Economics Editorial Team · Published · Updated

Arkansas trial courts act as gatekeepers and ask whether the economist's method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with qualification resting on training and experience. A report that states its assumptions and cites its data sources answers those questions on its face. NAFE membership adds a published ethics statement and a peer-reviewed literature that counsel can hold any report against; it does not replace that inquiry, and it is not a certification.

Recognition and qualification in Arkansas

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.

NAFE membership means the same thing in Arkansas as anywhere else, because the association is national and no state recognizes or requires it: the economist has joined the field's professional body and agreed to its ethics statement. What that gives counsel in a matter venued in Arkansas is a written standard to test a report against, including an opposing report: disclosed data and assumptions, a method the economist would apply the same way for either side, and fees that do not depend on the outcome. Membership is verified with the association for the year in question rather than from a CV line, and the affiliations of the economist assigned to a matter venued in Arkansas are confirmed at engagement.

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

Arkansas courts and venues

Economic damages experts testify in Arkansas's courts, where qualification is decided case by case on education, method, and experience rather than on any single credential.

Highest court: Arkansas Supreme Court. Federal venues: E.D. Ark., W.D. Ark. Court system: courts.arkansas.gov.

Forensic economists for Arkansas matters

KW Economics provides forensic economists for Arkansas 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 Arkansas

Frequently asked: qualifying a forensic economist in Arkansas

How do Arkansas courts qualify a forensic economist?

Arkansas trial courts act as gatekeepers and ask whether the economist's method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with qualification resting on training and experience. A report that states its assumptions and cites its data sources answers those questions on its face. 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 Arkansas damages matters or call (201) 343-0700. Plaintiff and defense counsel.