Susan W. Lanham has been working as a forensic economist in the tri-state area for more than 20 years. She has been qualified as an expert in forensic economics, provided testimony at trial and prepared more than 1,000 economic loss valuation reports that were suitable for use in court.
Lanham earned a Doctor of Philosophy degree (PhD) in Business Administration with a specialization in advanced accounting. She also holds a Master of Business Administration degree (MBA) with a specialization in international business plus a Bachelor of Business Administration degree (BBA) with a specialization in finance and business law.
While working as a forensic economist, Lanham developed a methodology that reviews the risk-based capital position of banks and insurance companies in punitive damages cases in an effort to assist the jury in determining an appropriate punitive damages award. Researching the appropriateness of this risk-based capital method of review was the subject of her PhD dissertation.
In addition to working as a forensic economist, she is working as an Assistant Professor at Marshall University where she teaches accounting. Lanham has been working on the curriculum for various forensic accounting courses to be offered at Marshall.
Susan Lanham was awarded the Master Analyst in Financial Forensics (MAFF) credential by the National Association of Certified Valuators and Analysts (NACVA). The MAFF credential is awarded to individuals that possess a certain level of specialized experience and knowledge regarding forensic financial analysis and who are able to provide competent and professional forensic financial litigation support services.
In order to qualify for the MAFF credential, candidates are subjected to intensive training sponsored by NACVA's Financial Forensics Institute in partnership with the Consultants' Training Institute. This training addresses commercial damages inclusive of legal theory and case law, damages calculations, statistics, economics, deposition theory, practice and strategy, witness preparation and communication with jurors, trial expert testimony and juror perspectives. Candidates must also pass an eight hour proctored exam inclusive of an extensive case study. Once awarded the MAFF credential, practitioners must meet continuing experience and professional education requirements.
Susan Lanham was awarded the Certified Divorce Financial Analyst (CDFA) credential through the Institute for Divorce Financial Analysts. A CDFA professional can help their clients understand:
• The difference between personal and marital property;
• How property is valued and divided;
• Retirement and pensions;
• Spousal and child support;
• Whether the client can afford to keep the house;
• Tax problems and solutions;
• Which settlement to choose.