Charles River Associates

Charles River Associates Company Profile


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 when necessary 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.


July 2013

Significant Milestone Reached on Internet-Based Trading Platform for Internationally-Traded Commodity Dairy Products

Since July 2008, CRA has been the independent trading manager of GlobalDairyTrade, initially listing products for Fonterra, a leading global dairy company based in New Zealand. GlobalDairyTrade is an efficient trading process that lowers transaction costs for buyers and sellers, helping them to manage price risk, gain better control of their product pricing and trading, and create value. In July 2013, cumulative sales on GlobalDairyTrade reached US$10 billion, reinforcing GlobalDairyTrade as a leading price reference indicator for the products traded in a vibrant, growing global dairy industry.

April 2013

CRA tops Who's Who list with the most competition specialists named
Thirty-five competition economists and academic affiliates were included in the 2013 edition of The International Who's Who of Competition Lawyers and Economists. The award marked CRA's fourthconsecutive year at the top of the list.

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.

CRA economists assist Google with closing FTC antitrust review

CRA economists helped Google convince the Federal Trade Commission (FTC) that Google's innovation in search is the sort of competitive behavior the antitrust laws are supposed to encourage, leading to the FTC's unanimous vote to close an antitrust investigation.

May 2012

Find them on the Globe
Charles River Associates was named to the "Globe 100" list of top performing public companies in Massachusetts. Based on financial data from the four quarters ending December 31, 2011, CRA was ranked #59 among Massachusetts-based companies whose stock is publicly traded on NASDAQ, the New York Stock Exchange, or the American Stock Exchange.

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Charles River Associates

John Hancock Tower
200 Clarendon Street, T-33
Boston, MA 02116
Phone: (617) 425-3000
Fax: (617) 425-3132


  • Employer Type: Public
  • Stock Symbol: CRAI
  • Stock Exchange: NASDAQ
  • President & CEO: Paul Maleh
  • 2012 Employees: 625

  • Employment Contact

  • 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



    Financial Economics

    Financial Markets

    Health Care

    Insurance Economics

    Intellectual Property

    International Arbitration

    Labor & Employment

    Mergers & Acquisitions

    Public Policy & Regulatory Economics


    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
  • Washington, DC
  • Amsterdam
  • Brussels
  • Frankfurt
  • Geneva
  • London
  • Paris
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Key Financials

  • 2012 Revenue: $270 million

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