Economic consultants often play a key role in high-profile legal cases involving corporations and governments. These consultants produce research and analysis on complex financial or economic aspects of litigation, providing their clients with expert testimony to be leveraged in court.
Salary varies widely depending on role, education level, and location. Here is a sample of 2016 median salaries from the Occupational Outlook Handbook published by the Bureau of Labor:
- Management/Strategy Consulting: $81,330
- Economist (Masters Degree): $101,050
- Financial Analyst: $81,760
Do your research to get a better sense of what specific companies in particular cities are paying entry-level employees. Check out Glassdoor and Salary.com to get an idea. Also, a cost of living calculator can be very useful when trying to compare salaries in different parts of the country.
Organizations and Alumni
Firms offering economic consulting services include:
- Analysis Group
- FTI Consulting
- Compass Lexecon
- Brattle Group
- NERA Economic Consulting
- Bates White
- Charles River Associates
- Cornerstone Research