Outstanding Members—Fourth Quarter 2021
NACVA would like to thank and recognize the following outstanding members:
Allyn Needham, PhD, CEA
Dr. Needham has been a partner and testifying expert at Shipp Needham Economic Analysis, LLC since 1997. During that time he has testified in cases involving personal injury, wrongful death, employment matters, commercial damages, business valuation, and matters relating to Chapter 11 bankruptcies. For personal damages litigation, Dr. Needham has expertise in calculating lost earning capacity, lost expected earnings, lost economic support, lost household services, and the present value of future medical expenses. For commercial damages, he has estimated lost profits, past and future out-of-pocket expenses, and lost business value. Dr. Needham has testified on behalf of attorneys representing plaintiffs and defendants in both state and federal courts and FINRA arbitrations. He has testified at trials or hearings in Texas, Oklahoma, Arkansas, Missouri, Illinois, Mississippi, California, Alaska and Washington D.C.
Dr. Needham brings more than 20 years of experience in the fields of banking, finance and risk management to his litigation support work. In addition, his experience as an Adjunct Professor of Economics at Texas Christian University and Weatherford College assists him explaining the methodology and calculations related to each specific case.
Dr. Needham received a B.A. in economics and business administration from Austin College, a M.A. in economics from Texas Christian University, and a Ph.D. in business administration from California Coast University. He has continued to develop his expertise by becoming a Certified Earnings Analyst (CEA) in 2000.
Dr. Needham is active in several national economic associations. He is currently the President of American Rehabilitation Economic Association. Prior to this year, he has served as President of the American Rehabilitation Economic Association, Collegium of Pecuniary Damage Experts and the Southwestern Society of Economics. Dr. Needham regularly makes presentations that provide continuing education to professionals in the litigation support field.
Dr. Needham has published articles in the area of financial and forensic economics and provided continuing education presentations at professional economic, vocational rehabilitation, and bar association meetings.
Dr. Needham has published articles in the area of financial and forensic economics and provided continuing education presentations at professional economic, vocational rehabilitation, and bar association meetings.
Shannon H. Shipp, PhD, CEA, MAFF
Dr. Shipp has been a partner at Shipp, Needham & Durham, LLC since 1997 and a testifying expert since 1994. During that time, he has testified in cases involving personal injury, wrongful death, wrongful termination, commercial disputes, and business valuations. His expertise is in calculating lost profits, lost economic support, lost value of future medical expenses, lost profits, and lost business value. Dr. Shipp has testified on behalf of attorneys representing plaintiffs and defendants in both state and federal courts. He has testified or provided analysis in cases in Texas, Oklahoma, New Mexico, Arkansas, Louisiana, Missouri, Kansas, Georgia, Florida, Michigan, Nebraska, Pennsylvania, and Minnesota.
Dr. Shipp received his undergraduate degree in business administration from the University of Tulsa, his Masters in Business Administration (with emphasis in statistics and psychometrics) from Rensselaer Polytechnic Institute, and his Ph.D. in Business Administration in 1990 from the University of Minnesota (Twin Cities). He has continued to develop his expertise by becoming a Certified Earnings Analyst (CEA) and a Master Analyst in Financial Forensics (MAFF).
Dr. Shipp has been active in various organizations that promote education and ethical behavior in providing expert witness testimony. He served on the Board of the American Rehabilitation Economics Association (AREA) for six years and served as External Vice-President, Program Chair, President, and Past President during that time. He has made presentations at the annual conference on a variety of topics for that group. He has also been a member of and served in various capacities with the National Association of Forensic Economics (NAFE) and the National Association of Certified Valuators and Analysts (NACVA).
Dr. Shipp has authored or co-authored various articles in the area of forensic economics. Some of his most recent articles address the impact of substance abuse and a history of correctional supervision on lost earnings.
