Compass Lexecon

From Wikipedia, the free encyclopedia
Compass Lexecon
Industry
Founded1977
Headquarters
Number of locations
23 (2020)[1]
Area served
Americas
Europe
Middle East
Asia
Key people
ProductsExpert services
Number of employees
500+ worldwide (2020) [2]
ParentFTI Consulting, Inc.
Websitewww.compasslexecon.com
Footnotes / references
[3][4]

Compass Lexecon is a global economic consulting company with headquarters in Chicago, Illinois. It provides analysis of economic issues for use in legal and regulatory proceedings, strategic decisions, and public policy debates.[5][6] Compass Lexecon LLC was formed in January 2008 through the combination of Competition Policy Associates (COMPASS), founded in 2003, and Lexecon, founded in 1977, and operates as a wholly owned subsidiary of FTI Consulting, a global business advisory firm.[7] Compass Lexecon has been ranked as one of the top competition economics firms worldwide.[8][9]

Daniel Fischel is the chairman and president.[10] Jonathan Orszag is senior managing director.[11] In May 2013, Compass Lexecon acquired Princeton Economics Group, which provides economic research, data analysis and testimony to law firms and corporations.[12] Compass Lexecon has 23 office locations in the Americas, Europe, Middle East, and Asia.

Mentions[]

In July 2014, in response to an inquiry from the Federal Communications Commission, the National Association of Broadcasters cited a report by Compass Lexecon on the economic benefits of exclusivity rules.[13] Compass Lexecon was also mentioned as one of the firms hired to evaluate the settlement accord offered by J.P. Morgan to investors of its mortgage-backed securities.[14] In February 2015, The New York Times covered a report written by Daniel Fischel, which examined the implications facing academic institutions that divest fossil fuel-related stocks.[15][16] The Wall Street Journal published an opinion piece by Fischel on the same topic.[17] In May 2015, Compass Lexecon was named Competition Economist Firm of the Year by Who's Who Legal. Additionally, Compass Lexecon's Janusz Ordover, a Senior Consultant, was named as the 2015 Competition Economist Individual Expert of the Year.[18] In the same month, a Compass Lexecon report "claim[ed] the Gulf airlines are not creating new demand, but siphoning off passengers from existing airlines."[19] In May 2019, Compass Lexecon was ranked first in GAR 100 Expert Witness Firms’ Power Index for the second consecutive year by Global Arbitration Review.[20]

Practice areas[]

Compass Lexecon advertises expertise in the following practice areas:[21]

See also[]

References[]

  1. ^ "About Us". Compass Lexecon. Compass Lexecon. Retrieved 23 May 2020.
  2. ^ "About Us". Compass Lexecon. Compass Lexecon. Retrieved 23 May 2020.
  3. ^ "About Us". Compass Lexecon. Compass Lexecon. Retrieved 23 May 2020.
  4. ^ "Compass Lexecon LLC". www.bloomberg.com. Bloomberg. Retrieved 23 May 2020.
  5. ^ Bloomberg Businessweek, Company Overview of Compass Lexecon LLC. Retrieved on April 4, 2014.[1]
  6. ^ The Wall Street Journal, "FTI Consulting Wins Four 2014 Global Competition Review Awards". April 9, 2014.[2]
  7. ^ Compass Lexecon, About Us
  8. ^ "Winners – Consulting Experts & Firms". whoswholegal. Who's Who Legal. Retrieved 23 May 2020.
  9. ^ "Compass Lexecon Named Competition Economics Firm of the Year 2018". Compass Lexecon. Compass Lexecon. 4 June 2018. Retrieved 23 May 2020.
  10. ^ Compass Lexecon Bio, Daniel Fischel
  11. ^ Compass Lexecon Bio, Jonathan Orszag & [3]
  12. ^ The New York Times, News About FTI Consulting Inc
  13. ^ Broadcasting and Cable, "NAB: Exclusivity Rules Are Crucial". July 24, 2014. Retrieved on October 10, 2014.[4]
  14. ^ Bloomberg, "JPMorgan Seen Facing Bigger Fight With Mortgage Investors". July 24, 2014.[5]
  15. ^ The New York Times, “Study Claims Oil Divestiture May Hurt College Endowments”. February 9, 2015.[6]
  16. ^ Daniel Fischel, “Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy”.[7]
  17. ^ The Wall Street Journal, “The Feel-Good Folly of Fossil-Fuel Divestment”. February 9, 2015.[8]
  18. ^ CNN Money, "FTI Consulting and Compass Lexecon Honored as Arbitration Expert Firm and Competition Economist Firm of the Year at the 2015 Who's Who Legal Awards". May 4, 2015. [9] Archived 2015-05-18 at the Wayback Machine
  19. ^ THOMASELLI, RICH (May 15, 2015). "Open Skies Combatants Continue to Take Shots". TravelPulse.
  20. ^ Nasdaq, "Compass Lexecon and FTI Consulting Lead Global Arbitration Review’s Expert Witness Firms’ Power Index". May 28, 2019. [10]
  21. ^ "Practice Areas". Compass Lexecon. Retrieved 2021-09-24.
  22. ^ The Washington Post, "Economists wield big influence in merger reviews". June 1, 2014.[11]
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