Charles River Associates at a Glance


  • "Opportunities to advance in other industries after consulting."
  • "The clients are diverse and the analysis performed varies by client."
  • "I find the work very satisfying—a bridge between academia and business."


  • "Unpredictable work-life balance."
  • "Entrepreneurial environment means you can get lost in the mix."
  • "Somewhat silo-oriented."

The Buzz

  • "Sticklers for quality control."
  • "Research experts."
  • "Elite in economic / litigation."
  • "Lots of cases supporting law firms defending behemoth corporate clients."

About Charles River Associates

Founded in 1965 and celebrating its 50th anniversary in 2015, Boston-based Charles River Associates (CRA) is a global consulting firm specializing in litigation, regulatory, financial and management consulting. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. CRA consultants are recognized for their creative and multidisciplinary approach to solving clients' complex business issues.

Clients include national and international companies; federal, state, and local government agencies and foreign governments; public and private utilities; and trade associations, which operate in a number of industries. Among those industries are banking and capital markets, capital projects, chemicals, communications and media, energy and utilities, entertainment, financial services, health care, insurance, life sciences, manufacturing, metals, mining, & materials, oil and gas, pharmaceuticals, retail, sports, telecommunications and transportation. 

Doubling up 
CRA has made good progress growing its two main areas of business recently: management consulting and litigation services. Under the former, its consultants offer advice on corporate and business unit strategy, performance improvement, portfolio management, market supply demand dynamics, pricing, technology management, capital allocation, supply chain and sourcing, and managing for value. 

CRA's 2009 purchase of Marakon Associates' assets was a move intended to build a larger presence in the management consulting space and to complement its litigation and regulatory work. Under the terms of the deal, Marakon continues to operate as a distinct practice under CRA's umbrella, working closely with other CRA practices to meet a client's needs. 

Law firms, businesses and government agencies also turn to the firm for its litigation support, expert analysis, and guidance on regulatory and corporate matters. CRA's consultants and academic affiliates have in-depth industry knowledge and expertise in economics, accounting, finance and business. Service offerings include class certification, damages analysis, expert reports and testimony, and regulatory analysis. CRA also offers business advisory services, including strategy development, valuation of tangible and intangible assets, risk management and transaction support. 

Because CRA consultants work in both management consulting and economic/litigation consulting, their time on the road for business travel can vary by the type of consulting they do and by practice. Some management consultants can spend three days per week on average working on-site at the client while travel for those working on economic/litigation matters is very low. 

Minding your Is and Ps 
CRA is a prolific publisher, regularly putting out studies, surveys and reports. It also has a number of newsletters that focus on the energy industry, accounting and valuation, antitrust and competition issues, financial markets, life sciences, transfer pricing, and the oil and gas industry, among other subjects.

Note: The following information focuses on CRA's litigation and economic consulting business. For information on management consulting, please refer to Vault's profile of CRA subsidiary Marakon.


July 2015

CRA consultants and affiliates named top IP Strategists in IAM Strategy 300: The World's Leading IP Strategists

Robert Goldman, Daniel McGavock, Richard Razgaitis, and David Yurkerwich were recognized in the latest edition of Intellectual Asset Management (IAM) Strategy 300: The World's Leading IP Strategists. This annual listing culls feedback from IP professionals to identify IP leaders and features individuals with world class skills in the development and roll-out of strategies that maximize the value of patents, copyright, trademark, and other IP rights. The consultants were nominated multiple times by different parties as outstanding IP strategists.

June 2015 

Celebrating 50 years 

A commitment to build a bridge from academia to the world of business and government led to CRA's beginnings. In 1965, our founders envisioned a company that "would bring the developing technology of academia, especially in the then-burgeoning area of quantitative methods in economics, to the real world." As we celebrate CRA's 50th anniversary, their vision continues to resonate strongly today. We may have outgrown our humble beginnings working from a hotel suite in Cambridge, Massachusetts, yet so much of who we are remains the same.

April 2015

CRA projects recognized at GCR Awards 2015

CRA client projects in North America and Europe received top honors at the Global Competition Review (GCR) Awards 2015, including Matter of the Year for the GlaxoSmithKline/Novartis/Eli Lilly three-part deal; Litigation of the Year - Non-Cartel Defense for The Apple iPod/iTunes Antitrust Litigation; and Behavioral Matter of the Year - Europe for the Samsung SEP settlement. More than 3,000 Global Competition Review readers cast their votes, honoring outstanding individuals and teams in areas of competition law and economics around the world.

April 2015

Economists from Charles River Associates (CRA) provide antitrust & competition economics expertise to Postmedia Network and Quebecor Media in respect of an acquisition of English-language newspapers

Economists in the Antitrust & Competition Economics Practice assisted Postmedia Network  Inc. (Postmedia) and Quebecor Media Inc. (QMI) throughout a review by the Competition Bureau of Postmedia's acquisition of QMI's English-language newspapers. On March 25, 2015, the Bureau announced it would not challenge the $305.5 million merger, noting it is unlikely to lessen competition for advertising or readership in areas of overlap.

April 2015

CRA consultant and academic affiliates receive Antitrust Writing Awards

Fiona Scott MortonCarl Shapiro, and Sean Durkin were recognized with 2015 Antitrust Writing Awards at a ceremony hosted by the Concurrences Journal and George Washington University Competition Law Center.

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Charles River Associates

John Hancock Tower
200 Clarendon Street
Boston, MA 02116-5092
Phone: (617) 425-3000
Fax: (617) 425-3132


  • Employer Type: Public
  • Stock Symbol: CRAI
  • Stock Exchange: NASDAQ
  • President & CEO: Paul Maleh
  • 2014 Employees: 451

  • Employment Contact

  • Major Departments & Practices
    Management Consulting
    Auctions & Competitive Bidding
    Corporate & Business Unit Strategy
    Intellectual Property & Technology Management
    Life Sciences
    Managing for Value
    Organization & Performance Improvement
    Litigation, Regulatory & Financial Consulting
    Accounting & Forensic Services
    Antitrust & Competition Economics
    Class Certification
    Damages & Valuation
    Financial Economics
    Health Care
    Insurance Economics
    Intellectual Property
    International Arbitration
    Labor & Employment
    Mergers & Acquisitions
    Regulatory Economics & Compliance
    Securities & Financial Markets
    Transfer Pricing

Major Office Locations

  • Boston, MA (World HQ)
  • Chicago
  • College Station, TX
  • Dallas
  • Houston
  • Los Angeles
  • New York
  • Oakland
  • Pleasanton, CA
  • Salt Lake City
  • Tallahassee
  • Toronto
  • Washington, DC
  • Amsterdam
  • Brussels
  • Frankfurt
  • Geneva
  • London
  • Munich
  • Paris
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Key Financials

  • 2014 Revenue: $302 million

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