Professional Staff

Dwight J. Duncan


Mr. Duncan is an economist and the Managing Director of EconLit, an economic research and consulting firm in Phoenix, Arizona. He holds a Master of Science degree in Economics awarded by Arizona State University and also holds the Chartered Financial Analyst designation awarded by the CFA Institute. Mr. Duncan has more than 24 years of experience involving economic consulting generally and the calculation of economic damages in commercial disputes specifically. He has consulted and/or been engaged as an independent expert witness for thousands of companies ranging from sole proprietorships to Fortune 500 companies in a wide range of industries internationally. Mr. Duncan has provided expert testimony before United States District Courts, State Courts, and regulatory bodies on numerous occasions. Mr. Duncan has also provided economic consulting and expert witness services to the Arizona State Attorney General’s office on multiple matters.

Randall R. Smith


Mr. Smith is a Director with EconLit. He is an economist and Certified Management Accountant with over 20 years experience in analyzing complex issues involving economics, finance, and accounting. He has consulted for companies in numerous industries such as aerospace and defense, communications and broadcasting, retail sales, oil and gas, real estate, pharmaceuticals, transportation, and computer software and services. Mr. Smith is experienced in evaluating complex financial transactions, accounting investigations, private company valuations, statistical analyses, and quantification of lost revenues and profits, lost market share, and lost business opportunities.

Frank A. Voorvaart


Dr. Voorvaart is a Director with EconLit who specializes in the evaluation of economic damages in complex commercial disputes. He has over 20 years of experience in various dispute-related matters including patent infringement matters, breach of contract matters, real estate litigation consulting, and matters requiring economic and econometric analyses. Dr. Voorvaart’s patent infringement experience centers on computer hardware, software and cellular communication technologies. His experience also includes the evaluation of class certification criteria and the assessment of property value diminution claims in residential class action litigation. Dr. Voorvaart has testified on matters pertaining to real estate valuation methodologies and to lost profits damages related to multi-family residential housing.