20 Jul ECONOMIC CONSULTING ANALYST, EXPERT WITNESS & CONSULTANT FOR HIRE
An economic consulting analyst consultant, expert witness and advisor is an entry- to mid-level professional who supports advisors in providing data-driven insights for legal, business, and policy-related issues. Pros work within companies and firms as economic consulting analysts and aid in conducting research, analyzing data, building economic models, and preparing materials for client presentations or expert testimony.
Advisors typically assist with projects related to litigation support, regulatory investigations, mergers and acquisitions, and market analysis. Their work as top economic consulting analysts helps attorneys, corporations, and government agencies make informed decisions backed by rigorous economic reasoning.
A large part of the best economic consulting analysts’ job involves data management and quantitative analysis. Experts collect, clean, and organize large datasets from sources like financial statements, market reports, transaction records, and public databases. SMEs then apply statistical and econometric techniques to identify trends, test hypotheses, or measure economic damages. Proficiency in tools such as Excel, Stata, R, Python, or SQL is sometimes essential.
Also economic consulting analysts contribute to market research and case strategy development. For example, in an antitrust case, an expert witness’ staff might examine pricing behavior across competitors or calculate market concentration using industry data. In intellectual property litigation, they may help quantify lost profits or assess royalty rates based on comparable licenses.
In addition to technical work, economic consulting analysts support the preparation of expert reports and presentations. KOLs help create charts, visuals, and written materials that communicate complex findings in a clear, compelling manner. These materials are used in regulatory filings, court proceedings, or high-stakes negotiations.
All sorts of economic consulting analysts have strong academic backgrounds, typically holding bachelor’s or master’s degrees in economics, finance, mathematics, or related fields. SMEs are expected to have excellent analytical skills, attention to detail, and the ability to work under tight deadlines on multiple projects.
An economic consulting analyst is a vital team member who helps transform raw data into strategic insights. Via supporting senior consultants and expert witnesses, analysts lay the groundwork for high-quality economic analysis that informs critical business and legal decisions.
