Charles River Associates at a Glance


  • "Laid-back culture, flat hierarchy, and great junior level connections."
  • "Strong culture, early responsibility, high-impact projects."
  • "Smart and friendly people, good compensation, and lifestyle flexibility."
  • "Academic, but not academia."


  • "The unpredictability of hours."
  • "Lack of market recognition."
  • "The compensation is not always transparent and career development long term can be challenging."
  • "The length of some engagements, and how staffing occurs."

The Buzz

  • "Diverse. Strong economic consulting."
  • "Very academic."
  • "Very econ heavy."

About Charles River Associates


Ready to back you up 
Founded in 1965, 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, energy and utilities, financial services, health care, insurance, manufacturing, media, mining, metals, materials, oil and gas, pharmaceuticals, real estate, 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 strategy, performance improvement, portfolio management, market supply demand dynamics, pricing, technology management, capital allocation, supply chain and sourcing, and shareholder 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 the firm's management consulting business, please refer to Vault's profile of CRA subsidiary Marakon.



May 2014 

Sales Milestone Reached on the GlobalDairyTrade Trading Platform
Annual sales of dairy products on GlobalDairyTrade, the Internet-based trading platform for internationally-traded commodity dairy products, surpassed one million metric tons during the past 12 months. This represents a 27% increase in the quantity sold over the past two years. CRA developed the GlobalDairyTrade platform in 2008 initially for Fonterra, a leading global dairy company based in New Zealand. As the independent Trading Manager of GlobalDairyTrade, CRA conducts twice monthly trading events and continues to enhance the platform. GlobalDairyTrade now offers 40 product specifications from seven sellers-Amul (India), Arla Foods (Europe), DairyAmerica (US), Eurosérum (Europe), Land O'Lakes (US), Murray Goulburn (Australia), and Fonterra.


March 2014 

CRA projects recognized at GCR Awards 2014

CRA client projects in North America and Europe received top honors at the Global Competition Review (GCR) Awards 2014, including Merger Control Matter of the Year in the Americas and Europe. The Office Depot/OfficeMax merger was named Merger Control Matter of the Year - Americas, an award to recognize creative and strategic competition work on a landmark merger control matter. CRA economists advised Simpson Thacher, counsel to Office Depot, throughout the review by the US Federal Trade Commission (FTC). Aer Lingus was named Merger Control Matter of the Year for Europe. CRA economist Cristina Caffarra advised counsel to Aer Lingus, Cadwalader, Wickersham & Taft, throughout investigations by the UK Competition Commission (CC) and European Commission (EC) of Ryanair's ownership stake in Aer Lingus. The German Rail Cartel follow-on litigation was named Litigation of the Year, an award to recognize strategic, innovative litigation on behalf of a defendant, plaintiff, complainant, or class. CRA economist Matthias Pflanz is advising Deutsche Bahn alongside counsel at WilmerHale in the single largest follow-on litigation in Germany. 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.


March 2014

Charles River Associates tops Who's Who list with the most competition specialists named

Thirty-nine competition economists and academic affiliates were included in The International Who's Who of Competition Lawyers and Economists. This is the fifth consecutive year CRA has topped the list.


November 2013

Economists from Charles River Associates Provide Economics Analyses in Respect to the US Airways and American Airlines Merger

Economists provided antitrust and competition economics analysis support to the experts retained by the US Department of Justice (DOJ) regarding the proposed $11 billion merger between US Airways and American Airlines. CRA economists working on behalf of the Department of Justice and in support of academic experts retained by the DOJ analyzed a variety of economic and econometric issues related to the merger, including identifying the markets that were most susceptible to competitive harm and assessing both the competitive effects and whether the claimed costs savings would be cognizable efficiencies under the Horizontal Merger Guidelines.


January 2013

Renowned 40-person litigation consulting team joins CRA

Kevin M. Murphy, the George J. Stigler Distinguished Service Professor of Economics, Department of Economics and Booth School of Business, University of Chicago, along with other renowned academics and consultants, add breadth, depth, and scale to many of CRA's litigation consulting capabilities, including antitrust & competition economics, financial accounting & valuation, financial markets, and labor & employment

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Charles River Associates

John Hancock Tower
200 Clarendon Street, T-33
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
  • 2013 Employees: 597

  • Employment Contact
    Visit CRAI's careers page

  • Major Departments & Practices
    Management Consulting Auctions & Competitive Bidding Corporate & Business Strategy Intellectual Property & Technology Management
    Life Sciences Organization & Performance Improvement   Litigation, Regulatory & Financial Consulting Accounting & Valuation Antitrust & Competition Economics Damages Energy Financial Economics Financial Markets Health Care Insurance Economics Intellectual Property International Arbitration Labor & Employment Mergers & Acquisitions Public Policy & Regulatory Economics Regulation 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

  • 2013 Revenue: $278 million

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