CRA pulls in 25-person consulting team from rival Edgeworth Economics

05 December 2019 3 min. read
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Charles River Associates (CRA), an economics, financial, and management consulting firm, has welcomed a 25-person consulting team from rival Edgeworth Economics into its antitrust & competition practice. The newly added professional team will be based in CRA’s San Francisco office.

The team includes five partners from Edgeworth who join CRA as vice presidents: Fei Deng, Gregory Leonard, Mario Lopez, Stephen Rusek, and Noah Schwartz.

“We are excited to welcome this talented team to CRA,” said Margaret Sanderson, vice president and antitrust & competition economics practice leader. “This team brings deep experience in competition and intellectual property matters in the US and China and strengthens our credentials in class certification and damages litigation.

“Combined we will be able to offer our clients testifying experts for all aspects of antitrust and intellectual property litigation including seasoned experts at the certification, liability, and damages stages of cases.”

CRA pulls in 25-person consulting  team from rival Edgeworth Economics

In addition to bolstering the firm’s competition litigation capabilities, the move also expands CRA’s presence on the West Coast. The Boston-headquartered firm has California offices in San Francisco, Pleasanton, Los Angeles, and Oakland.

Fei Deng previously led the China competition economics practice at Edgeworth, advising clients on antitrust litigation and investigations, mergers, intellectual property (IP) disputes, and commercial damages cases. She has experience testifying in Chinese courts as an economic expert on antitrust and IP, and has worked with China’s antitrust agency on a number of cases. Deng holds a PhD in economics from Boston University.

Gregory Leonard focuses on applied microeconomics and econometrics, and has testified before US courts, agencies, and arbitration panels on antitrust, damages estimation, IP, and econometrics-related matters. He has had more 60 papers published in economics journals and professional publications. Leonard holds a PhD in economics from MIT.

Mario Lopez applies economic methods to IP and antitrust cases, and has provided expert testimony on patent infringement cases in the US and internationally. Lopez has deep expertise in determining reasonable royalty and lost profits damages in patent infringement disputes. He holds a PhD in economics from the University of California, Berkeley.

Stephen Rusek works on economic and financial analysis on IP, M&A valuation, venture capital and private equity investments. Rusek has expertise creating and applying analytical models for market research, competitive analysis, and revenue and cash flow forecasting. He holds an MBA from the University of California, Berkeley, and a master’s degree in engineering and a bachelor’s degree in mathematics from Cornell University.

Noah Schwartz advises on royalty and lost profits damages in patent infringement, breach of contract, and fraud and malpractice cases. He has particular expertise in economic analysis on class certification and damages in antitrust matters, and the development on statistical models for regulatory matters. Schwartz holds a bachelor’s degree in economics from Carleton College.

Earlier this year, CRA added Robert Brunner and Peter Nolan from rival FTI Consulting in order to build a new risk, investigations & analytics practice.