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Kelly Nordby

Director
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Overview

Kelly Lear Nordby specializes in applying economics, econometrics, finance, and statistics to antitrust, commercial damages, and mass tort matters. With 18 years of consulting experience, Dr. Nordby has provided clients with economic and quantitative analyses to examine issues of price fixing, bundling, patent infringement, class certification, employment discrimination, property value diminution, tax shelters, Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) data compensation, statistical sampling, and asbestos claims and settlements. In addition, Dr. Nordby has applied her expertise in finance to develop models for discounted cash flow valuations, lost profit and reasonable royalty damages, prudent investment portfolios in the context of tribal trust litigation, and prejudgment interest. These matters have spanned a broad range of industries, including airline, agriculture, chemicals, energy, financial services, medical devices, pharmaceuticals, building products, and other consumer products. Dr. Nordby conducts research and has published in the field of industrial organization.

Dr. Nordby holds a master’s degree and a Ph.D. in business economics and public policy from Indiana University’s Kelley School of Business and a B.S. in finance from Lehigh University. Previously, Dr. Nordby consulted for firms including Gnarus Advisors LLC, AFE Consulting, and LECG, LLC. She has taught graduate and undergraduate level economics and statistics courses at Northeastern University, the University of San Francisco’s School of Business and Management and Indiana University’s Kelley School of Business. 

Education

Kelley School of Business, Indiana University
Ph.D., Business Economics and Public Policy, 1998
M.B., Business Economics and Public Policy, 1996

Institute of Management Accountants
CMA, 1993

Lehigh University
B.S., Finance, 1990 (magna cum laude)

Employment History

Berkeley Research Group
Senior managing economist/Independent contractor (IC)
2010 - 2012 

AFE Consulting
IC director
2011 - 2012

Gnarus Advisors LLC
Affiliate
2009 - 2012

LECG, LLC
Senior managing economist/IC
2007 - 2011
Senior managing economist
2002 - 2006
Managing economist
2000 - 2002
Senior economist
1998 - 2000

Indiana University
Research assistant, Center for Econometric Model Research
1995 - 1997
Interviewer, Center for Survey Research
1994 - 1995

MetLife
Financial associate, Financial Management Development Program
1990 - 1993

Affiliations

Professional Affiliations

American Economic Association
Member

American Bar Association, Antitrust Section
Associate member