Compass Lexecon is a global economic consulting firm with headquarters in Chicago, Illinois. It provides analysis of economic issues for use in legal and regulatory proceedings, strategic decisions, and public policy debates. Compass Lexecon LLC was formed in January 2008 through the combination of Competition Policy Associates (COMPASS), founded in 2003, and Lexecon, founded in 1977, and operates as a wholly owned subsidiary of
FTI Consulting
FTI Consulting is a business advisory firm headquartered in Washington, D.C., United States. FTI is one of the largest financial consulting firms in the world and consistently ranks as one of the top global management consulting firms. The compa ...
, a global business advisory firm. Compass Lexecon has been ranked as one of the top
competition economics firms worldwide.
Daniel Fischel is the chairman and president.
Jonathan Orszag is senior managing director. In May 2013, Compass Lexecon acquired Princeton Economics Group, which provides economic research, data analysis and testimony to law firms and corporations. Compass Lexecon has 23 office locations in
the Americas
The Americas, which are sometimes collectively called America, are a landmass comprising the totality of North and South America. The Americas make up most of the land in Earth's Western Hemisphere and comprise the New World.
Along with th ...
,
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located enti ...
,
Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (Europ ...
, and
Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an ...
.
Mentions
In July 2014, in response to an inquiry from the
Federal Communications Commission
The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisd ...
, the
National Association of Broadcasters
The National Association of Broadcasters (NAB) is a trade association and lobby group representing the interests of commercial and non-commercial over-the-air radio and television broadcasters in the United States. The NAB represents more tha ...
cited a report by Compass Lexecon on the economic benefits of
exclusivity rules. Compass Lexecon was also mentioned as one of the firms hired to evaluate the settlement accord offered by
J.P. Morgan to investors of its
mortgage-backed securities
A mortgage-backed security (MBS) is a type of asset-backed security (an 'instrument') which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment ba ...
. In February 2015, ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' covered a report written by Daniel Fischel, which examined the implications facing academic institutions that divest fossil fuel-related stocks. ''
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' published an opinion piece by Fischel on the same topic. In May 2015, Compass Lexecon was named Competition Economist Firm of the Year by Who's Who Legal. Additionally, Compass Lexecon's Janusz Ordover, a Senior Consultant, was named as the 2015 Competition Economist Individual Expert of the Year. In the same month, a Compass Lexecon report "claim
dthe Gulf airlines are not creating new demand, but siphoning off passengers from existing airlines." In May 2019, Compass Lexecon was ranked first in GAR 100 Expert Witness Firms’ Power Index for the second consecutive year by Global Arbitration Review.
Practice areas
Compass Lexecon advertises expertise in the following practice areas:
*
Antitrust & Competition
*
Auctions
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition e ...
*
Damages
At common law, damages are a remedy in the form of a monetary award to be paid to a claimant as compensation for loss or injury. To warrant the award, the claimant must show that a breach of duty has caused foreseeable loss. To be recognised a ...
*
Derivatives
The derivative of a function is the rate of change of the function's output relative to its input value.
Derivative may also refer to:
In mathematics and economics
*Brzozowski derivative in the theory of formal languages
*Formal derivative, an ...
& Structured Finance
*
ERISA
The Employee Retirement Income Security Act of 1974 (ERISA) (, codified in part at ) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax ...
Litigation
* Energy, Healthcare
*
Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, cop ...
*
International Arbitration
* Regulatory Investigations
*
Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any fo ...
& Financial Markets
*
Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than tha ...
,
Transportation
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land ( rail and road), water, cable, pipel ...
*
Valuation & Financial Analysis
Affiliates
* Jean-Pierre Dubé
* Jonathan F. Foster
* David K.A. Mordecai
* Glenn Woroch
* Patrick Coen
* Alexander Teytelboym
* Alexandre De Cornière
See also
*
Analysis Group
Analysis Group, Inc. (AG), founded in 1981 by economists Bruce E. Stangle and Michael F. Koehn, is an economic consulting firm based in North America. It provides economic, financial, and strategic analysis and expert testimony to law firms, cor ...
*
Bates White
Bates White LLC. is a privately held economic consulting firm specializing in advanced economic, financial, and econometric analysis. The firm was founded in 1999 and currently has one office in Washington, D.C., with about 250 employees. The firm ...
*
Berkeley Research Group
*
Brattle Group
The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. As of 2019, the company had offices in Boston, Brussels, Chicago, London, Madrid, New York ...
*
Charles River Associates
Charles River Associates (legally CRA International, Inc.) is a global consulting firm headquartered in Boston.
Practice areas
Their practices include: aerospace & defense, antitrust & competition economics, auctions & competitive bidding, climat ...
*
Cornerstone Research
Cornerstone Research is a litigation consulting firm based in the United States and the United Kingdom. It provides economic and financial analysis and expert testimony to attorneys, corporations and government agencies involved in complex liti ...
*
NERA Economic Consulting
NERA Economic Consulting, Inc., or National Economic Research Associates, is an economic consulting firm founded in 1961. It was the first consulting firm dedicated to methodically applying microeconomic theory to litigation and regulatory matte ...
*
Fideres
*
Frontier Economics
Frontier Economics (Frontier) is a microeconomics consultancy providing economics advice to public and private sector clients on matters of competition policy, public policy, regulation, commercial strategy, behavioural economics and energy and c ...
References
{{Reflist
Consulting firms of the United States
Macroeconomics consulting firms
Law and economics