Bates White Economic Consulting at a Glance

Uppers

  • "The work is very interesting and has a direct and meaningful impact on major issues."
  • "Bates White offers great opportunities in getting early responsibility."
  • "Great mentorship and training opportunities!"

Downers

  • "Everything is litigation consulting."
  • "The unpredictability of the hours and schedule."
  • "Sometimes monotonous work."

The Buzz

  • "Collegiate, dedicated to community."
  • "Best-in-class econometrics."
  • "Friendly."
  • "Rates are way too high."

About Bates White Economic Consulting

Bates White is a mid-sized consultancy specializing in advanced economic, financial and econometric analysis. The company's professional staff-among them economists, econometricians, financial analysts, and IT specialists-help law firms, corporations, and government entities address complex matters that require sophisticated problem solving and deep empirical analysis.

Co-founders Charles Bates and Halbert White set the bar as high for excellence as they did for diversity. They created a culture where bright minds from diverse backgrounds work together to build strong, collaborative relationships with clients, within teams, and in the community." The firm is uniquely focused on the cultivation of diversity within its ranks. In the first decade since its founding in 1999, it established a diversity-inclusion council that tests, implements, and evaluates initiatives aimed at the heterogeneous widening of the staff and corporate culture, and ensures that all employees, regardless of their differences, have opportunities to learn, develop and contribute to the firm's success. Employees come from an array of ethnicities and backgrounds, having been recruited from many different institutions and an alphabet soup of academic fields, including biology, business administration, chemistry, economics, engineering, finance, mathematics, physics, political science, and statistics. Their linguistic capabilities include Armenian, Cantonese, Czech, French, German, Hebrew, Italian, Kannada, Korean, Mandarin, Nepali, Portuguese, Russian, Spanish, Turkish, Ukrainian, and Vietnamese.

Data gurus

Bates White specializes in complex data-intensive cases in the areas of healthcare, mergers, monopolization, collusion, product liability, and financial securities litigation. The firm pays meticulous attention to uncovering relevant data, and its experts are skilled at delving into issues using sophisticated analytical techniques. In particular, the firm has developed a number of robust, proprietary databases containing information on such items as employment, epidemiology, insurance claims, product pricing, and financial records from public sources such as Centers for Medicare & Medicaid Services, the US Census, and the Bureau of Labor Statistics. In addition, the firm has extensive experience analyzing substantial amounts of company-specific information from transactional and financial data as well as business records spanning multiple industries, especially airlines, chemicals, electronics, pharmaceuticals, payment cards, and retail products. Bates White is widely recognized for its ability to collect and analyze vast amounts of data and has an IT infrastructure that enables it to quickly and efficiently respond to client requests for analyses.

Experts at antitrust and beyond

Bates White is at the forefront of applying economic theory and empirical methodologies to address issues that arise in the antitrust analysis of class certification, damages, mergers and acquisitions, monopolization, and collusion. The firm's hallmark approach to conducting business is to develop a deep understanding of relevant industry, factual, and legal contexts to support opinions with sound economic theory and rigorous empirical analyses that withstand intense scrutiny. Today, the firm has a team of more than 50 PhD antitrust professionals who advise clients on case development and strategy, assess and analyze the relative strengths of economic arguments, and determine optimal strategies for discovery, motions, trial preparations, and settlement. In addition, Bates White has been a dominant market leader for more than a decade in asbestos litigation and valuation as well as in False Claims Act litigation. More recently, the firm has earned an outstanding reputation for its expertise in mortgage-backed securities. Antitrust remains the largest practice area, but the firm also has recognized experts in environmental product liability, healthcare and life sciences, energy, and finance. 

IN THE NEWS 

August 2016

Bates White estimates damages to compensate Freddie Mac

Bates White testified on behalf of Freddie Mac in its dispute with Deloitte & Touche LLP over improperly performed audits on Taylor Bean & Whitaker Mortgage Corporation (TBW). Freddie Mac alleged that Deloitte was responsible for the losses Freddie Mac sustained from loans purchased from TBW and that many of these loans were in breach of representations and warranties TBW made to Freddie Mac. Bates White provided estimates of damages Freddie Mac suffered for all losses from its purchase or guarantee of TBW loans, and for TBW's failure to repurchase loans that allegedly breached the associated representations and warranties. The parties agreed to a settlement.

July 2016

Bates White analysis cited in court's dismissal of claims against major healthcare company

Bates White was retained to provide analysis and expert testimony concerning economic issues associated with class certification and damages on behalf of defendant WellPoint (now Anthem). Plaintiffs alleged that WellPoint entities underpaid out-of-network healthcare benefits to class members by employing flawed data and methodologies to set "usual, customary, and reasonable" (UCR) rates. Bates White's analysis demonstrated that there was no systematic downward bias in WellPoint's UCR rates and, therefore, no classwide harm. In September 2014, citing Bates White's analysis, the Court denied plaintiff's motion for class certification. In July 2016, the Court dismissed all remaining claims against WellPoint. 

June 2016

Firm recognized by Washington Post as #12 top workplace for mid-size companies

Bates White was recognized as a 2016 Top Workplace by the Washington Post. Based on employee surveys that were administered by an independent organization, Bates White was ranked 12th among the top 60 mid-size companies. Questions covered topics such as company values, leadership, professional development, and benefits and compensation. This award acknowledges the firm's collaborative culture and collegial environment and its commitment to creating a positive and rewarding experience for employees, clients, and the community. Read more.

April 2016

Bates White provided key testimony in Dow price-fixing trial that ended in settlement

Dow Chemical Company was accused by a coalition of 11 victims of agreeing to fix, raise, or stabilize prices of urethane chemicals from 1994 to 2003. Bates White experts testified on their analysis of whether and to what extent the plaintiffs were overcharged as a result of the alleged conspiracy. The firm developed an econometric model that related prices of urethane chemicals to relevant noncollusive cost and demand factors; the model accounted for individual factors that affected each plaintiff's prices. Using this model, Bates White estimated an overcharge on each and every plaintiff transaction. Dow entered into a settlement for $400 million. Read more.

Firm gives economic analysis in DOJ's challenge of Halliburton-Baker Hughes merger

In 2014 Halliburton proposed a merger with rival Baker Hughes. The merger, valued at $34.6 billion, would have combined the second and third largest oil field services companies in the world. The Department of Justice (DOJ) sued to block the deal, claiming it would diminish competition in 23 separate markets. Bates White provided economic analysis of the proposed merger's effects on competition. The information provided by Bates White supported DOJ's challenge, and the parties walked away from the deal when the merger agreement expired in April 2016. Read more.

December 2015

Bates White provided expert testimony in DOJ's successful challenge of GE-Electrolux merger

General Electric (GE) proposed in 2014 to sell its major appliance business to Swedish rival AB Electrolux. The Department of Justice filed an injunction to block the acquisition, engaging a Bates White expert to provide analysis for the case. Supported by a Bates White team, the expert testified that GE and Electrolux produce more than half the ranges sold in the United States. His testimony showed that the merger would diminish competition and lead to price increases for consumers. Four weeks into the trial, GE abandoned the transaction. Read more.

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Bates White Economic Consulting

1300 Eye Street, NW
Suite 600
Washington, DC 20005
Phone: (202) 408-6110
Fax: (202) 408-7838

Stats

  • Employer Type: Private
  • Founder & Chairman: Charles E. Bates, PhD
  • 2016 Employees: 200

  • Major Departments & Practices
    Antitrust and Competition
    Communications and Media
    Energy
    Environmental and Product Liability
    Finance
    Healthcare and Life Sciences
    Intellectual Property
    International Arbitration
    Labor and Employment
    Transfer Pricing and Tax

Major Office Locations

  • Washington, DC (HQ)
  • San Diego, CA