NERA Economic Consulting
Overview
Introduction
NERA provides economic advice, analysis, expert testimony, and regulatory insight for global clients in North America, Latin America, Europe, and the Asia-Pacific. The firm has been advising government authorities and the world’s leading law firms and corporations for over half a century, bringing academic analysis and rigor, objectivity, and real-world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.
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Vault Verdict
If you want to leave academia but don’t’ want to leave your academic mindset behind, NERA Economic Consulting is a great option to consider. The firm requires its consultants to stay up to date in the latest economic concepts, so they can apply them to client problems.
With more than 60 years of history, NERA has had plenty of time to fine-tune its culture, but it hasn’t grown stale. Insiders at the firm say that they love being trusted with difficult problems early in their tenure, while being supported by a modern onboarding program. It doesn’t hurt that the firm has kept its compensation updated, too. Most staff agree that the compensation plan is generous, and virtually all love the bonus plan that rewards a combination of team and individual performanc...
About the Company
NERA Economic Consulting understands what many people can’t: economics. The firm provides economic advice, analysis, expert testimony, and regulatory insight for global clients throughout North America, Latin 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 over half a century. The firm uses hard economic data to make its case to clients, drawing on its professionals’ expertise in statistics, econometrics, game theory, mathematics, and computer science.
NERA Know-How
Among NERA’s many service offerings, it is often called on for its antitrust c...
Employee Reviews
- “The firm provides personal autonomy, and people leave you alone and let you work. There are few meetings, good pay (especially considering the hours), great relationships with team members and managers, and opportunities to quickly learn new skills and practice them”
- “We have an amazing culture and colleagues, with a high level of expectation for responsibility and work products, with the ability to influence and be part of decision making as an entry-level employee.”
- “Management is very supportive and cares about our well-being.”
- “The firm provides strong support from entry-level positions to senior partner positions, with no glass ceilings.”
Getting Hired Here
- “The first round is a general behavioral interview, and the final round is a super day with behavioral, technical, and case interviews. We are looking for someone with a strong understanding of economics, technical skills (experience with data analysis), and an interest in doing quasi-academic work like reading published economics papers.”
- “The interview and callback process are very straightforward. I had great communication from HR. The ideal candidate is knowledgeable about economics and data analysis. They should also have a relatively easy time explaining economics and their work. A background in data analysis, particularly using R or Python, a strength.”
- “NERA is seeking candidates that are extremely detail oriented and well versed in Excel as well as another programming language of their choice (Stata, R, Python, or SAS usually). Having a background in economics is a huge bonus but not completely required for success as a junior employee at NERA.”
- “NERA seeks undergraduates with economic research experience, knowledge of computer programming, and strong evidence of a drive to succeed.”