Ara Stepanyan

Dr. Stepanyan is an economist with extensive experience assisting attorneys and clients in addressing economic and financial issues that arise in tax and transfer pricing controversies and forensic economic investigations.

He applies financial and valuation analysis, along with econometric and causal data science methods, to transactional data to produce rigorous, data-driven analyses for litigation and regulatory matters. Dr. Stepanyan’s recent engagements include analyzing cross-border transfers of intangible assets and platform rights, as well as evaluating technical and economic issues involving digital assets and cryptocurrency transactions.

Clients engage Dr. Stepanyan to develop practical analytical approaches that clarify disputed facts, test competing claims, and support litigation strategy in both regulatory matters and court proceedings. His litigation support work includes reviewing and assisting with discovery; developing case theory and constructing models to quantify contested issues; evaluating opposing experts’ opinions; and preparing expert testimony.

In addition to his litigation work, Dr. Stepanyan advises clients on value chain design, valuation of intangible assets and financial instruments, advance pricing agreement negotiations, M&A due diligence, and the turnaround of digital platform economies.

Prior to joining Brattle, Dr. Stepanyan worked for many years in economic and strategy consulting and taught university-level economics. He is a Certified Anti-Money Laundering Specialist (CAMS) and holds a certification in Distressed Business Valuation (CDBV).