MEETING April 11–13, 2018
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A Guide to the World's Leading Competition Law and Econom Ics
GCR GLOBAL COMPETITION REVIEW EADING COM ’S L PET LD ITI OR ON W L E A H W T A O N T D E E D I C U O G N O A M I C 1 S 4 P T H A R N A N C U T A I L C E E DIT S ION – ED REVISED AND UPDAT ECONOMICS 20 219 Economics 20 With economic analysis now firmly at the heart of almost every antitrust case, the importance of expert economists in proving or challenging harm is no longer in dispute. Below is GCR’s annual ranking of the world’s top 20 firms for antitrust and competition economics – a list that, while generally stable over the past year, remains in flux as top experts move from firm to firm, and in and out of government service. The Economics 20 is GCR’s assessment of the world’s lead- was formed from the merger of Lexecon and Competition ing economic consultancies. Each entrant is measured using Policy Associates in 2008. Behind these two, NERA, Bates several criteria, including size of practice, number of nomina- White and Berkeley stay in third, fourth and fifth places respec- tions to The International Who’s Who of Competition Lawyers & tively in numbers of competition specialists. Economists, reputation and work over the past year. The past year has seen its share of economist moves just Over the past decade or more, the use of economics in like any other. Some have indeed been significant: Oxera hiring competition analysis and enforcement has become increasingly Pascale Déchamps and opening a Berlin office with Michael important. -
Previous Phd Placements
Kenneth C. Griffin Department of Economics Office of Graduate Student Affairs 1126 East 59th Street, SHFE 511 Chicago, IL 60637 Telephone: 773.834.1972 Fax: 773.702.8490 ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ PhD Job Placement History 2020 – 2021 Academic – Tenure Track Chinese University of Hong Kong University of Hong Kong (PostDoc UCSD) Columbia University - Business Instituto Tecnológico Autónomo de Mexico (ITAM) National Taiwan University (2) Peking University University of Oslo (PostDoc NBER) University of Toronto (PostDoc UPenn) Washington University Wenzhou-Kean University Academic – Non-Tenure Track University of Chicago University of Chicago – Harris School Public Sector Bank of Spain Central Bank of Chile Federal Reserve Board of Governors Federal Reserve Board – Chicago (2) Federal Reserve – St. Louis Federal Reserve – San Francisco Federal Reserve – San Francisco (PostDoc Princeton) IMF United States DePartment of the Treasury Private Sector Amazon Analysis GrouP Bates White (2) Charles River Associates CNA Goldman Sachs (2) 2019 – 2020 Academic – Tenure Track City University of Hong Kong (2) Clemson University Einaudi Institute for Economics -
A Guide to the Worldls Leading Competition Law
GCR GLOBAL COMPETITION REVIEW A guide to the world’s leADING COMPETITION LAW AND ECONOMICS PRACTICES 13TH ANNUAL EDITION – REVISED AND UPDATED GCR 100: Economics 20 Economics 20 The Economics 20 is GCR’s assessment of the world’s leading economic consultancies. Each entrant is measured using several criteria, including the size of its practice, the number of nominations to Who’s Who Legal, its reputation and its work over the past year Over the past decade or more, the use of economics in com- the market is always interested in people with bright ideas, petition analysis and enforcement has become increasingly economists are in the end ‘experience goods’,” she says. important. Law firms will typically rely on individuals who have Economic analysis forms a key part of any merger review, performed well for them in previous cases, and this means and the deal lists of this edition’s nominated consultancies it may take some time for newcomers to establish a profile. read like a who’s who of the year’s major mergers and acqui- The two new firms in this year’s Economics 20, however, sitions – with matters including AT&T/T-Mobile, Glencore/ both field well-established names in the world of competi- Xstrata, Google/Motorola and NYSE/Deutsche Börse. tion economics – US consultancy Berkeley Research Group Abuse of dominance and cartel cases also demand eco- and UK-based AlixPartners. Berkeley has an impressive six nomic expertise and many consultancies report expansion nominees to The International Who’s Who of Competition into new areas such as state aid, intellectual property dis- Lawyers & Economists among its 75 experts in competi- putes and damages litigation. -
Major Economic Consulting Firms…
Workshop on Search for Jobs in Economics Anthony Yezer, GWU Department of Economics Note: These ideas are largely taken from suggestions by GWU economics alumni.. Advice Regarding Job Search 1. Regard your first job as an opportunity to learn – not maximize current income (permanent income is most important) 2. The best first jobs last 2-3 years and involve working with good economists 3. Learn about the firm BEFORE applying and customize your resume The resume should emphasize skills – software and datasets have you worked with. 4. Know about salary and benefits expectations before the interview 5. Don’t ask about paid leave and travel at the interview….. 6. Review your intermediate microeconomics and statistics 7. Get on and pay attention to the economics majors’ listserve 8. Don’t forget to talk to GWU faculty – particularly your instructors! Hints For Interviewing Before the Interview 1. Research the firm or organization (start with websites), know what they do (specific products if possible rather than general industry). Who are their rival firms? Find names of top management. Do they have a mission statement? Try to talk to a current employee at that firm or at a rival firm about the state of the business. 2. Go to websites that have practice interview questions. Formulate and practice answers to these questions. Some websites have interview questions used by specific firms. 3. Script information about yourself that you want to include in your answers regardless of the questions. If you have special skills or have worked on projects, make sure that you practice different ways to bring these up in conversation.