Charles River Associates at a Glance


  • "I like the social atmosphere that allows my coworkers to become my friends."
  • "Autonomy, entrepreneurial culture, pay for performance."
  • "The culture and preparation for graduate school."


  • "Tough deadlines."
  • "The hours can be unpredictable, which makes it hard to plan things in advance."
  • "Technology support can lag."

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 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 have engaged CRA for the unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. 

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 2016

CRA consultants named top patent professionals in IAM Patent 1000 2016

CRA vice presidents Gregory Bell, James Donohue, Daniel McGavock, Raymond Sims, and Michael Tate were recognized in the latest edition of IAM Patent 1000 2016 - The World's Leading Patent Professionals, a guide that identifies and profiles leading private practice patent professionals and firms in the world's key jurisdictions. The IAM Patent 1000 names the best-in-class patent prosecution, licensing, and litigation practitioners on a global basis, as well as expert witnesses in the United States.

June 2016

CRA economists advise FTC on its successful challenge to Staples/Office Depot merger 

CRA economists supported the US Federal Trade Commission (FTC) throughout its review of the proposed $6.3 billion merger of Staples and Office Depot. Following a May 10, 2016 ruling granting the FTC's preliminary injunction to block the merger, the parties announced that they would abandon the deal.

May 2016

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

The International Who's Who of Competition Lawyers and Economists included 46 of CRA's competition economists and academic affiliates in the 2016 rankings. This is the seventh consecutive year CRA has topped the list.

April 2016

CRA clients recognized at GCR Awards 2016

CRA client projects in North America and Europe received top honors at the Global Competition Review (GCR) Awards 2016, including Matter of the Year for the Air Cargo Litigation; Merger Control Matter of the Year-Europe for the General Electric/Alstom SA merger; and Behavioral Matter of the Year (Agency) Europe for the EC's credit default swaps investigation.

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
  • 2016 Employees: 493

  • 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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