Charles River Associates at a Glance


  • "CRA is unrivaled in terms of intellectual depth and challenging problems!"
  • "Great people, flexible schedule, challenging work."
  • "There is no competition between peers, but a focus on teamwork."


  • "Challenging work can bring long hours approaching deadlines."
  • "Limited opportunities for long-term advancement[without an advanced degree]."
  • "Detailed data work that can be frustrating."

The Buzz

  • "Expert witness and valuation"
  • "Good economic consulting firm."
  • "Culture is top-heavy and not competitive."

About Charles River Associates

Founded in 1965 and having celebrated 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 provides economic and financial analysis in litigation and regulatory proceedings and guide businesses through critical strategy and operational 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. 

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

Additionally, CRA has grown in their Life Sciences Practice. On January 31, 2017, the company announced their acquisition of C1 Consulting, a life sciences strategy consulting firm. The newly acquired team has provided additional breadth, depth, and scale to CRA's client offerings across the industry.

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:  For information on Marakon, please refer to Vault's profile of CRA subsidiary Marakon


July 2017

CRA consultants named top patent professionals in IAM Patent 1000 2017

IAM Magazine has selected five CRA experts for their annual list of leading private practice patent professionals in the world's key jurisdictions, and expert witnesses in the US. Congratulations to Gregory Bell, James Donohue, Daniel McGavock, Raymond Sims, and Michael Tate. 

CRA consultants named top patent professionals in IAM Patent 300 2017

CRA is pleased to announce that VP Robert Goldman, VP Dan McGavock, and Senior Advisor Richard Razgaitis have been included in IAM Strategy 300 - The World's Leading IP Strategists 2017. These individuals have proven world-class skills in the development and roll-out of strategies that maximize the value of patents, copyright, trademarks and other IP rights. 

CRA Consultants earn a place on Public Interest Law Initiative's Annual Pro Bono 2017 Recognition Roster

PILI recently hosted a reception to celebrate the honorees and the inspiring work being done in Illinois through effective pro bono programs, innovative partnerships, and the unwavering dedication of individual attorneys and legal professionals. This is the second year in a row that CRA has been mentioned for their distinguished efforts. 

June 2017

CRA Competition economists receive industry recognition

Professor Carl Shapiro is recognized as the GCR Economist of the Year for his support of the Federal Trade Commission in its successful challenge to the proposed merger of Staples and Office Depot.

CRA clients received top honors at the Global Competition Review (GCR) Awards 2017, including

"Merger Control Matter of the Year - Europe" for the Microsoft/LinkedIn merger. The CRA team was led by Cristina Caffarra and included Professor Fiona Scott Morton in the US, and Matthew Bennett, Lars Wiethaus, and Alessandro Kadner-Graziano in Europe. 

CRA Economists named to Who's Who

Nine of CRA's competition economists have been recognized as "foremost" competition practitioners in the first edition of Who's Who Legal: Competition - Future Leaders 2017.

40 CRA competition economists and academic affiliates are included in The International Who's Who of Competition Lawyers and Economists. 

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 celebrated 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.

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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
  • 2017 Employees: 600

  • Major Departments & Practices
    Antitrust & Competition Economics
    Auctions & Competitive Bidding
    Financial Economics
    Forensic Services
    Intellectual Property
    Labor & Employment
    Life Sciences
    Transfer Pricing
    Antitrust & Competition
    Auctions & Competitive Bidding
    Class Certification
    Cyber Crime Investigation
    Damages & Valuation
    eDiscovery & Structured Data
    Financial Economics
    Forensic Accounting & Investigation
    Intellectual Property
    International Arbitration
    Labor & Employment
    Management Consulting
    Mergers & Acquisitions
    Regulatory Economics & Compliance
    Securities & Financial Markets
    Transfer Pricing 

Major Office Locations

  • Boston, MA (World HQ)
  • Chicago, IL
  • College Station, TX
  • Dallas, TX
  • Los Angeles, TX
  • New York, NY
  • Oakland, CA
  • Pleasanton, CA
  • Salt Lake City, UT
  • San Francisco, CA
  • Summit, NJ
  • Tallahassee, FL
  • Washington, DC
  • Amsterdam
  • Brussels
  • Cambridge
  • Geneva
  • London
  • Lucerne
  • Munich
  • Sydney
  • Toronto
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