What NERA Economic Consulting does

NERA Economic Consulting, legally National Economic Research Associates, Inc., is a global economic consulting firm founded in 1960 and headquartered in White Plains, USA, with a workforce of 501-1000 employees. The firm applies economic, finance, and quantitative principles to complex business, regulatory, and legal challenges, serving government and regulatory bodies, corporate clients, and law firms. Its practice areas include litigation consulting, energy economics, regulatory consulting, competition policy, intellectual property valuation, expert testimony, and damages quantification.

The firm operates on a professional services revenue model, generating revenue through engagement-based consulting work. Pricing is not publicly disclosed and is quote-based, tailored to individual client requirements. NERA markets through its website, thought leadership publications, LinkedIn presence, and newsletter subscriptions, with no software products or named service modules—offerings are delivered as integrated consulting capabilities. Notable engagements include serving as international consultant for Pakistan's Economic Coordination Committee on spectrum auction design and conducting macroeconomic modeling for the Corporate Energy Buyers Association projecting $121.2 billion in cumulative energy costs under constrained deployment scenarios.

NERA's distribution relies on direct enterprise and government client engagements, leveraging six decades of institutional credibility and deep specialist expertise. The firm was founded by Irwin Stelzer, maintains its principal legal entity in the United States, and operates in the USA and UK, claiming a global service footprint without disclosing specific international office locations.

Name

NERA Economic Consulting

Legal name

National Economic Research Associates, Inc.

Website

https://nera.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NERA Economic Consulting is a global economic consulting firm founded in 1960 that applies rigorous economic, finance, and quantitative analysis to regulatory, policy, and litigation matters for government agencies, corporations, and law firms.

Ownership category

akta.pro rank

Headquarters

HQ city

White Plains

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Economic Consulting Services: NERA provides economic consulting services to clients on complex regulatory, policy, and litigation matters. Revenue is generated through professional service engagements with government agencies, corporations, and law firms requiring economic analysis and expert testimony.

Distribution channels1 record

Marketing channels3 records

Core offering

NERA Economic Consulting is a global firm that applies economic, finance, and quantitative principles to complex business, regulatory, and litigation matters for governments, corporations, and law firms. Its core services include expert economic testimony, damages quantification, macroeconomic and regulatory modeling, antitrust/competition economics, energy economics, transfer pricing analysis, and auction/spectrum pricing design, delivered through bespoke consulting engagements.

Product overview

NERA Economic Consulting is a global economic consulting firm that provides advisory services across multiple practice areas including litigation, energy economics, regulatory consulting, and financial analysis. The firm offers expert testimony, economic analysis, and strategic advice to clients in legal proceedings, regulatory proceedings, and commercial disputes. While the company has been recognized for its work in energy economics and prediction markets, the source material does not enumerate specific named product modules, software platforms, or distinct service product lines—the firm's offerings are presented as integrated consulting service capabilities rather than packaged software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic Consulting Services End-to-end economic consulting engagements applying economic, finance, and quantitative principles to complex business, regulatory, policy, and litigation matters for government agencies, corporations, and law firms.
• Litigation and Expert Testimony Services Economic expert witness and litigation support services for law firms and corporate clients, including damages quantification and economic analysis for commercial disputes, low-carbon energy disputes, and transfer pricing (DEMPE) matters.
• Energy Economics and Regulatory Modeling Macroeconomic and energy-system modeling for corporate energy buyers and trade associations, quantifying the financial and price impacts of regulatory constraints on U.S. wind, solar, and grid operations (e.g., ERCOT scenarios).
• Spectrum Auction and Regulatory Framework Design International consulting engagement covering spectrum pricing, payment terms, and auction design for government telecommunications regulators (e.g., Pakistan's Economic Coordination Committee).

Quantifiable outcome

• Macroeconomic modeling study projected $121.2 billion in cumulative electricity and natural gas costs from constraining clean energy deployment (2027-2033)
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Pakistan Economic Coordination Committee (ECC)coreImplementation/ SI/ Consulting Partner · 1 January 2025NERA was engaged as the international consultant by Pakistan's Economic Coordination Committee to conduct analysis and stakeholder consultations over the past year. NERA provided expertise for developing the spectrum auction framework, including spectrum pricing, payment terms, and auction design. The engagement was led by Finance Minister Muhammad Aurangzeb and included IT Minister Shaza Fatima Khawaja and PTA Chairman.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Charles River Associates: A publicly traded global consulting firm offering economic, financial, and management consulting in antitrust, energy, and litigation economics—sharing nearly all of NERA's core practice areas and client segments.
• Analysis Group: One of the largest privately held economic and financial consulting firms providing expert analysis for litigation, regulation, and business strategy—a direct competitor to NERA across energy, finance, and disputes work.
• Cornerstone Research: Specializes in economic and financial consulting for complex litigation and regulatory matters, with deep focus on expert testimony and academic talent—a direct peer in litigation economics.
• Bates White Economic Consulting: Provides economic consulting and expert testimony in energy, antitrust, and finance—a direct peer in specialized economic consulting with overlapping expertise in regulatory economics.
• Brattle Group: Provides economic and financial consulting, expert testimony, and regulatory advice across energy, finance, and competition economics—sharing NERA's practice areas and a similar boutique-led model.
• Compass Lexecon: A leading economic consultancy specializing in competition economics, regulatory matters, and litigation support, closely competitive with NERA's antitrust and disputes practices.
• Berkeley Research Group: BRG provides expert economic and financial consulting across litigation, disputes, and regulatory matters with significant overlap to NERA's core service lines.

Broad incumbents

• Deloitte (Economics Consulting): Deloitte's economic consulting practice supports litigation, regulatory, and policy matters globally—an incumbent competing with NERA on large, multi-jurisdictional economic analysis mandates.
• FTI Consulting: A large business advisory firm encompassing economic consulting (including Compass Lexecon), strategic communications, and dispute advisory—a broader incumbent with overlapping economic consulting offerings.
• KPMG (Economic & Regulatory Consulting): KPMG's economics and regulatory consulting groups provide economic analysis, expert testimony, and disputes support—an incumbent competing with NERA on cross-border regulatory and policy work.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nera-economic-consulting
• Xx.com/nera_economics

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NERA Economic Consulting