NAFE Membership and Guam Damages Testimony

By KW Economics Editorial Team · Published · Updated

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. 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 Guam

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 Guam 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 Guam 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 Guam are confirmed at engagement.

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

Guam courts and venues

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.

Forensic economists for Guam matters

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.

Other credentials in Guam

Frequently asked: qualifying a forensic economist in Guam

How do Guam courts qualify a forensic economist?

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.

More questions about this credential

References

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