2021 Vault Rankings
At a Glance
"Access to senior management."
"Collaborative culture; the people in it."
"Intellectually challenging work."
"Single geographic location."
"Volatility of the hours."
"High-stress litigation environment."
"Small but good quality."
"Positive reviews from clients.”
About Bates White Economic Consulting
Bates White is a mid-sized consultancy specializing in advanced economic, financial and econometric analysis. The company's professional staff-among them economists, econometricians, financial analysts, and IT specialists-help law firms, corporations, and government entities address complex matters that require sophisticated problem solving and deep empirical analysis.
Co-founders Charles Bates and Halbert White set the bar as high for excellence as they did for diversity. They created a culture where bright minds from diverse backgrounds work together to build strong, collaborative relationships with clients, within teams, and in the community." The firm is uniquely focused on the cultivation of diversity within its ranks. It regularly tests, implements, and evaluates initiatives aimed at the heterogeneous widening of the staff and corporate culture, and ensures that all employees, regardless of their differences, have opportunities to learn, develop and contribute to the firm's success. Employees come from an array of ethnicities and backgrounds, having been recruited from many different institutions and an alphabet soup of academic fields, including biology, business administration, chemistry, economics, engineering, finance, mathematics, physics, political science, and statistics.
Bates White specializes in complex data-intensive cases in the areas of healthcare, life sciences, mergers, monopolization, collusion, product liability, and financial securities litigation. The firm pays meticulous attention to uncovering relevant data, and its experts are skilled at delving into issues using sophisticated analytical techniques. In particular, the firm has developed a number of robust, proprietary databases containing information on such items as employment, epidemiology, insurance claims, product pricing, and financial records from public sources such as Centers for Medicare & Medicaid Services, the US Census, and the Bureau of Labor Statistics. In addition, the firm has extensive experience analyzing substantial amounts of company-specific information from transactional and financial data as well as business records spanning multiple industries, especially airlines, chemicals, electronics, pharmaceuticals, payment cards, and retail products. Bates White is widely recognized for its ability to collect and analyze vast amounts of data and has an IT infrastructure that enables it to quickly and efficiently respond to client requests for analyses.
Experts at antitrust and beyond
Bates White is at the forefront of applying economic theory and empirical methodologies to address issues that arise in the antitrust analysis of class certification, damages, mergers and acquisitions, monopolization, and collusion. The firm's hallmark approach to conducting business is to develop a deep understanding of relevant industry, factual, and legal contexts to support opinions with sound economic theory and rigorous empirical analyses that withstand intense scrutiny. Today, the firm has a team of more than 70 PhD professionals who advise clients on case development and strategy, assess and analyze the relative strengths of economic arguments, and determine optimal strategies for discovery, motions, trial preparations, and settlement. In addition, Bates White has been a dominant market leader for more than a decade in asbestos litigation and valuation as well as in False Claims Act litigation. More recently, the firm has earned an outstanding reputation for its expertise in mortgage-backed securities. Antitrust remains the largest practice area, but the firm also has recognized experts in environmental product liability, healthcare and life sciences, energy, and finance.
In the News
Snowball sampling and sample selection in a social network
In the chapter “Snowball Sampling and Sample Selection in a Social Network,” Manager and Lead Data Scientist Julian Chan studies a snowball sampling method for social networks with endogenous peer selection. He proposes a new estimation method that uses the samples in different iterations to correct selection. Dr. Chan uses data from Facebook postings about the Umbrella Movement in Hong Kong to illustrate his method. The chapter appears in The Econometrics of Networks, volume 42 in the Advances in Econometrics series published by Emerald Publishing.
Employees find fun and creative ways to connect remotely and raise money for the community
Whether it’s competing in online competitions or showcasing employee talents, Bates White’s Community Connection, a grass-roots program that enables employees to carry out activities for organizations they support, is giving back in many creative ways. Since the pandemic began, firm employees have shown their passion and generosity by implementing numerous fun ways to stay connected while also helping the community. Virtual events included Spirit Wars, a week-long event involving teams in competitions of Pajama Day, Twin Day, Team Color Day, and a Codenames game, which raised funds for DC Public Education Fund’s COVID-19 relief program; an employee talent showcase to support the fight for racial justice, raising funds for the NAACP Legal Defense Fund; and a quarantine raffle, with employees purchasing raffle tickets to win a one of four kits that made quarantining easier while raising funds for DC Central Kitchen.
The New Jersey Division of Gaming Enforcement retained Bates White to analyze potential undue economic concentration among Atlantic City casinos that could result from Eldorado's acquisition of Caesars Entertainment Corporation; the acquisition would result in fewer independent casino operators in Atlantic City. The Bates White expert submitted an expert report and testified before the New Jersey Casino Control Commission. His analysis and testimony demonstrated that certain divestitures, investments, and the lifting of deed restrictions would mitigate the harm to competition resulting from the acquisition. The Commission’s decision to approve the merger came within a week of the expert’s testimony.
Comparative analysis of US vehicle listings platforms
Millions of new and used passenger vehicles and light trucks are sold in the United States each month, the vast majority by car dealerships. Vehicle inventory listing platforms facilitate the process of matching potential car buyers with sellers. These platforms, which appeared shortly after the emergence of the internet, serve as one of the largest sources of information for car shoppers and buyers. In the white paper “Comparative Analysis of US Vehicle Listings Platforms,” Partner Ales Filipi, Manager Assaph Aharoni, and Senior Consultant Sumit Banerjee analyze three listing platforms: Autotrader, CarGurus, and Cars.com. They use US data to examine each platform’s vehicle inventory; each platform’s success in attracting dealers; deal ratings the platforms offer; inventory turnover, which is an indication of both sales and dealership profitability; and average days vehicles are on the market with dealers using these platforms. These metrics help capture the state of the US vehicle market.
Expert spotlight: From math to economic consulting
Bates White profiles its experts on its website though spotlight interviews. In 2020, one of the experts highlighted was Partner Rachel Grinberg. Her interview includes questions on how mathematics is applicable to economic consulting work and on being a female in a male-dominated profession. Her reply to the latter question: “Being a female testifier can be an asset—if only because it may be different than the usual. During my live testimony in London, the arbitration panel was all male, and of the five testifying experts, I was the only female. I felt that because of that difference—being female—the judges may have listened more carefully to what I had to say. As a woman, I may bring a different perspective and add value beyond my economic expertise.”
2001 K Street, NW
North Building, Suite 500
Washington, D.C., DC 20006
Phone: (202) 408-6110
Employer Type: Private
Founder & Chairman: Charles E. Bates, PhD
2021 Employees (All Locations): 250
Washington, D.C. (HQ)
- Antitrust & Competition
- Communications & Media
- Data Sciences & Statistics
- Environmental & Product Liability
- Intellectual Property
- International Arbitration & Trade
- Labor & Employment
- Life Sciences
- Public Policy & Regulatory Economics
- Transfer Pricing & Tax