NERA Economic Consulting is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. NERA brings academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA is part of the Oliver Wyman Group, a $1.5 billion business unit of Marsh & McLennan Companies

Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a US-based global professional services and insurance brokerage firm. In 2007, it had over 57,000 employees and annual revenues of $10.49 billion. Marsh & McLennan Companies was ranked the 221st largest corporation in the United States by the 2009 Fortune 500...

 that also includes Lippincott

Lippincott

Lippincott is a consulting firm that primarily deals with brand strategy and the development of corporate identities. The firm was founded in 1943 by J. Gordon Lippincott and Walter P. Margulies as Lippincott & Margulies....

 (brand, image, and identity consulting) and Oliver Wyman

Oliver Wyman

Oliver Wyman is an international management consulting firm. Founded in 1984, the firm adopted its current form in May 2007, when Mercer Oliver Wyman joined with Mercer Management Consulting and Mercer Delta to become one firm named Oliver Wyman. Oliver Wyman is headquartered in New York City with...

 (management consulting). NERA has been ranked the No. 1 firm for economic consulting on the Vault.com 2012, 2011, 2010, and 2009 lists of top consulting firms, ahead of competitors such as McKinsey & Company

McKinsey & Company

McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...

, Charles River Associates, Analysis Group

Analysis Group

Analysis Group, Inc. founded in 1981, is the largest privately held economic consulting firm in the United States. The firm provides economic, financial and strategic analysis and expert testimony to law firms, corporations, and government agencies....

, Cornerstone Research

Cornerstone Research

Cornerstone Research is a financial, economic, and litigation consulting firm based in the United States. It provides expert testimony and economic and financial analysis to attorneys, corporations and government agencies involved in business litigation....

, LECG

LECG

LECG Corporation was a global expert services and consulting firm with more than 700 employees in 11 countries. It provided independent expert testimony on behalf of corporations, produced authoritative studies for industry, and conducted economic and financial analyses on disputes and issues,...

, and The Brattle Group

The Brattle Group

The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies...

.

History

NERA was founded as National Economic Research Associates on 10 April 1961 by noted economists Dr. Jules Joskow and Dr. Irwin Stelzer. The two were advised by Dr. Alfred E. Kahn

Alfred E. Kahn

Alfred Edward Kahn was an American professor, an expert in regulation and deregulation, and an important influence in the deregulation of the airline and energy industries...

 (1917-2010), one of the country's foremost economists and the future "father of airline deregulation." NERA was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters.

Today NERA has evolved into a large, geographically diverse firm working with clients in 120 countries across dozens of industries. NERA is headquartered in New York City with over 20 offices across North America, Europe, and Asia Pacific. The firm employs more than 500 professionals, including over 400 in-house economists.

On 1 February 1983, NERA was acquired by Marsh & McLennan Companies

Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a US-based global professional services and insurance brokerage firm. In 2007, it had over 57,000 employees and annual revenues of $10.49 billion. Marsh & McLennan Companies was ranked the 221st largest corporation in the United States by the 2009 Fortune 500...

, a global professional services firm providing advice and solutions in the areas of risk, strategy, and human capital.

Practice Areas

NERA’s economists are experienced in a broad range of industries and specialize in practice areas including: Antitrust and Competition; Auctions; Bankruptcy; Class Actions and Class Certification; Commercial Litigation and Damages; Communications; Consumer Protection in Financial Services; Corporate Governance and Compliance; Employment and Labor; Energy; Environment and Climate Change; Financial Institutions and Banking; Financial Risk Management; International Arbitration; Health Care and Life Sciences; Insurance; Intellectual Property; Mass Torts and Product Liability; Postal Services; Regulatory Economics; Risk Advisory Services; Securities and Finance; Statistical Sampling and Analysis; Survey Research, Design, and Analysis; Transfer Pricing; Transport; Valuation; and Water.

Offices

NERA has 11 offices in North America: Austin, Boston, Chicago, Denver, Los Angeles, New York City, Philadelphia, San Francisco, Toronto, Washington DC, White Plains.

NERA has 7 offices in Europe: Brussels, Frankfurt, Geneva, London, Madrid, Paris, Rome.

NERA has 7 offices in the Asia-Pacific region: Auckland, Beijing, Melbourne, Shanghai, Sydney, Tokyo, Wellington

Competitors

• Analysis Group
  Analysis Group
  Analysis Group, Inc. founded in 1981, is the largest privately held economic consulting firm in the United States. The firm provides economic, financial and strategic analysis and expert testimony to law firms, corporations, and government agencies....
  
  
• Accuracy
• Bates White
• The Brattle Group
  The Brattle Group
  The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies...
  
  
• Cambridge Economic Policy Associates
• Compass Lexecon
• Cornerstone Research
  Cornerstone Research
  Cornerstone Research is a financial, economic, and litigation consulting firm based in the United States. It provides expert testimony and economic and financial analysis to attorneys, corporations and government agencies involved in business litigation....
  
  
• Charles River Associates
• Frontier Economics
  Frontier Economics
  Frontier Economics is a microeconomics consultancy headquartered in London with three additional offices in Europe. Frontier's sister company in Australia, Frontier Economics Pty Ltd, is headquartered in Melbourne with additional offices in Sydney and Brisbane...
  
  
• Microeconomix
• Oxera
• RBB Economics