NERA Economic Consulting Europe at a Glance


  • "Inspiring and shared belief in firm's future, passionate people and young management."
  • "High value added consulting. Niche market and exciting jobs."
  • "Attention to quality, prestige."


  • "Brand name value in Europe is lower than in the US."
  • "Long work days, little flexibility in recruiting."

The Buzz

  • "Economics focused."
  • "Macro."
  • "Specialist."
  • "Less flexible work hours-wise."

About NERA Economic Consulting Europe


It's the economy, stupid

NERA Economic Consulting makes its buck off understanding what many people can't: the economy. The New York-based firm provides economic advice, analysis, expert testimony and regulatory insight for clients throughout North America, Europe and the Asia Pacific region. Employing more than 500 professionals, including 425 economists, the firm has been creating strategies, studies, reports, expert testimony and policy recommendations for government authorities and the world's leading law firms and corporations for half a century. It specializes in bringing academic analysis, objectivity and real-world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance and litigation using hard economic data to make its case, drawing on its professionals' expertise in statistics, econometrics, game theory, mathematics and computer science.


A big umbrella

NERA was founded in 1961 as National Economic Research Associates by Dr. Jules Joskow-a professor of economics-and Dr. Irwin Stelzer, an economist. In 1983, global professional services firm Marsh & McLennan bought out the firm, with Joskow staying on with the company under Marsh & McLennan's direction, and Stelzer acting as president for a couple of years before he opted to strike out on his own. Today, NERA exists as a business unit of Marsh & McLennan's subsidiary the Oliver Wyman Group, operating alongside other Marsh & McLennan professional services units, such as risk and reinsurance specialist Guy Carpenter, insurance broker and risk adviser Marsh and human resources solutions provider Mercer.


NERA know-how

Among NERA's many service offerings, it is often called on for its antitrust capabilities. Respected and experienced in the world of antitrust and competition authorities, clients call on NERA professionals to provide economic analysis and testimony on business issues related to mergers and acquisitions, antitrust litigation and competition policy. Consultants are able to look at economic matters arising in antitrust cases and to help clients deal with issues such as market definition and power, market structure and entry conditions, pricing, profitability and damages.

With total write-downs and losses stemming from the credit crisis reaching into the trillions worldwide, financial institutions facing an emerging regulatory and competitive environment come to NERA for assistance in securities and commercial disputes, market efficiency and trading analysis, valuations of fixed-income and derivative products, and risk management. NERA also provides expert advice on commercial litigation and damages. Consultants in this area provide analyses of clients' competition, regulatory environment and management decisions; cost, pricing and product strategies; risk management, business valuation and dispute avoidance-and if that doesn't work-dispute resolution, among other services.

NERA is also deeply involved in climate change analysis. As policies to reduce greenhouse gas emissions are proposed and implemented, NERA economists help government entities and companies understand the complex effects of those regulations, promote renewable energy and improve energy efficiency.


Publish and be … recognized

Not surprisingly, for a company boasting a plethora of academics, NERA's consultants like to publish their findings in formats that range from journal and magazine articles to white papers and books. Interviews with NERA consultants also pop up regularly in publications the world over.



June 2014

New NERA Economic Consulting Study shows Oil and Gas Industry contributes billions of Euros in net payments to European governments

A NERA study, Energy Taxation and Subsidies in Europe, commissioned by the International Association of Oil & Gas Producers (OGP), analyzes and compares the taxation and subsidy regimes applying to oil, gas, coal, wind, and solar power in the EU28 and Norway during the period 2007-2011. Using a methodology developed for the analysis, NERA's experts offer a new perspective on the important question of subsidy and government support to different energy sources. NERA's approach quantifies the full range of financial flows both to and from different sources of energy as a result of government policy, including direct subsidies, other transfers of funds, and major taxes.


May 2014

NERA Economic Consulting Expert Joins Advisory Board of Journal of German and European Competition Law

NERA Associate Director Dr. Frank Maier-Rigaud, Head of NERA's Competition Economics Group in Europe, was named to the Advisory Board of Wirtschaft und Wettbewerb (WuW). The publication, known in English as the Journal of German and European Competition Law, is one of the oldest journals in the field of European competition law and policy.


March 2014

NERA Identifies 'Myths' Driving Momentum Toward Greater UK Energy Market Regulation

Since the Energy Supply Probe was published in 2008, competition in the British gas and electricity markets has been under intense scrutiny. The British energy regulator and competition authorities are planning to publish their initial assessment of competition in the market before the end of the month. The assessment is the first stage in what could turn into a formal market inquiry. In the new issue of NERA Economic Consulting's Energy Market Insights newsletter, Director Sean Gammons, Associate Director Frank Maier-Rigaud, and Senior Consultant George Anstey show that the evidence for the widely repeated argument that the industry is not competitive is limited. They also highlight that poorly designed regulatory interventions have been counter-productive.


January 2014

NERA Named One of World's Leading Competition Economics Practices by Global Competition Review

NERA was recognized as one of the world's leading competition economics consulting firms in a survey by Global Competition Review. Conducted annually, the GCR "Economics 20" survey identifies leading economic consultancies based on criteria such as antitrust and competition practice growth, number of practice personnel nominated to The International Who's Who of Competition Lawyers & Economists, and notable client engagements.


Energy and Environment Economist Joins NERA Economic Consulting

NERA has hired Jeanne Lubek as an Associate Director in the firm's Energy, Environment, and Network Industries Practice. She is based in NERA's Paris office. Ms. Lubek is an experienced consultant with expertise in environmental, telecommunications, competition, transport, and international regulation. She has advised clients in a range of sectors, including energy, financial services, telecommunications, the building materials industry, media, and construction. In European carbon emissions regulation, she has helped the European Commission as well as large industries in analyzing their status regarding the risk of carbon leakage.


European Competition Expert Prof. Dr. Ulrich Schwalbe Joins NERA Economic Consulting as Affiliated Academic

Professor Ulrich Schwalbe, an expert in European competition economics, has joined NERA's Antitrust and Competition Practice as an Academic Affiliate. Dr. Schwalbe's expertise encompasses all areas of competition economics, notably in the areas of market definition, merger control, cartels, quantification of damage, abuse of dominance, and state aid. His recent research focused in particular on questions of market definition, cartels, and the quantification of damages. Dr. Schwalbe is Full Professor of Economics at the University of Hohenheim, where he holds the Chair of Microeconomics and Industrial Organization. He also is Research Professor at the German Institute of Economic Research (DIW). Dr. Schwalbe's work focuses primarily on microeconomics, with particular emphasis on general equilibrium theory, game theory, industrial organization, and competition theory and policy.

- Show Less + Show Full Description

NERA Economic Consulting Europe

1166 Avenue of the Americas
24th Floor
New York, NY 10036
Phone: 1 (212) 345 3000
Fax: 1 (212) 345-4650


  • Employer Type: Subsidiary
  • Stock Symbol: MMC
  • Stock Exchange: NYSE
  • President: Dr. Lawrence Wu
  • 2014 Employees: 500

  • Employment Contact
    Visit the careers section of

  • Major Departments & Practices
    Antitrust and Competition
    Bankruptcy and Financial Distress Litigation
    Class Actions and Class Certification
    Commercial Litigation and Damages
    Communications, Media, and Internet
    Consumer Protection in Financial Services
    Corporate Governance and Compliance
    Environmental Economics
    Financial Institutions and Banking
    Financial Risk Management
    Health Care and Life Sciences
    Intellectual Property
    International Arbitration
    Labor and Employment
    Mass Torts and Product Liability
    Postal Services
    Radio Spectrum
    Regulatory Economics
    Risk Advisory Services
    Securities and Finance
    Statistical Sampling and Analysis
    Survey Research, Design, and Analysis
    Transfer Pricing
    White Collar Criminal Litigation, Investigations, and Compliance

Major Office Locations

  • New York, NY (HQ)
  • 27 offices in 14 countries

Career Update Newsletter

Tips and tools to help you manage your ideal career.