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Charles River Associates
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At a Glance


“Superb work ethic and colleague support.”

“Great opportunities to learn.”

“Fantastic exit opportunities.”


“Lack of senior transparency in communication.”

“Siloed project opportunities.”

“Lack of insight into review and promotion cycles…”

The Buzz

“Good economic consulting firm.”

“Prestigious in asset management.”

“Strong reputation.”

About Charles River Associates


Charles River Associates® is a global consulting firm specializing in economic, financial, and management consulting services. 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. Clients engage CRA for its combination of analytical rigor, functional expertise, and industry knowledge, and for its 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. 

Growth at CRA

CRA has grown 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, and managing for value. 

Law firms, businesses, and government agencies 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. 

Over the last five years, CRA has increased headcount while maintaining company-wide utilization. Furthermore, CRA’s practices have demonstrated consistency of performance which has contributed to CRA’s enhanced profitability, with non-GAAP EBITDA, net income and EPS growth of 43%, 77%, and 113%, respectively, since the start of the five-year period.

During fiscal 2019, CRA continued to make talent investments, augmenting its teams in Antitrust & Competition Economics, Finance, Forensic Services, and their new Risk, Investigations & Analytics practice. CRA continues to focus on areas that it knows well, which offers CRA a higher likelihood of success.

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:  For information on Marakon, a CRA subsidiary, please refer to Vault's profile Marakon

In the News

CRA was recognized by Global Investigations Review 2020 as one of twelve leading investigations consultancies from around the world for handling sophisticated cross-border, government-driven, and internal investigations.

In association with ITR (International Tax Review), World Tax and World Transfer Pricing has recognized CRA on its 2021 list of top global transfer pricing firms. World TP acknowledges CRA as one of the “world’s leading transfer pricing firms” in Canada. World TP provides rankings of the most effective transfer pricing firms in the world, covering more than 60 jurisdictions.

CRA is pleased to have several consultants and academic affiliates nominated for Global Competition Review Awards. The awards recognize and celebrate leading teams and practitioners within the antitrust community. 

CRA’s Chicago and Washington, DC offices were recently recognized. CRA’s Washington, DC office was profiled by Officelovin. The office environment offers a balance of natural light and spacious areas for both quiet work and spontaneous interaction. CRA’s Chicago office renovations earned it an Architecture MasterPrize in the Interior Design/Workplaces category. These awards aim to advance the appreciation and exposure of quality architectural, landscape, and interior designs worldwide.

CRA consultants recently published an article in PM360 magazine. The authors explain why it is essential to assume the correct balance of risk when considering vaccine procurement during a pandemic—this will help healthcare systems secure immediate supply but also support vaccine development and allow for the timely scale-up of manufacturing capacity.

On November 9, 2020, Uber completed its acquisition of Postmates after the deal was cleared by the Department of Justice (DOJ). A transatlantic CRA team provided economic antitrust advice to both parties throughout the merger control proceedings and assisted in responding to the DOJ.

Charles River Associates

John Hancock Tower
200 Clarendon Street
Boston, MA 02116-5092
Phone: (617) 425-3000

Firm Stats

Employer Type: Public
Stock Symbol: CRAI
Stock Exchange: NASDAQ
President & CEO: Paul Maleh

Major Office Locations

Boston, MA (World HQ)
Chicago, IL
College Station, TX
Dallas, TX
Los Angeles, CA
New York, NY
Oakland, CA
Salt Lake City, UT
San Francisco, CA
Summit, NJ
Tallahassee, FL
Washington, DC

Major Departments & Practices

  • Antitrust & Competition Economics
  • Auctions & Competitive Bidding
  • Analytics
  • CEO Advisory
  • Class Actions
  • Damages & Quantum
  • Energy
  • Employment & Compensation
  • ESG and Sustainability
  • Finance
  • Financial Economics
  • Financial Litigation & Regulation
  • Forensic Accounting
  • Forensic Services
  • Information Security & Privacy
  • Intellectual Property
  • International Arbitration
  • Investigation & Compliance
  • Labor & Employment
  • Life Sciences
  • Management Consulting
  • Marakon
  • Mergers & Acquisitions
  • Risk, Investigations & Analytics
  • Services
  • Transfer Pricing