Legal Economics, LLC is a firm providing economic expert witnesses, consulting, and support staff that is based in Harvard Square, Cambridge,
Massachusetts. It specializes in the analysis of particularly complex economic issues related to legal issues. Its clients have included leading corporations and
law firms such as Intel, Qualcomm, Hoffman La-Roche, Howrey, Kaye Scholer, WilmerHale, Akin Gump, Hunton Williams, Susman Godfrey, Wilson
Sonsini, Orrick, the Lanier Law Firm, and Berger & Montague.
Experts
Professor Einer Elhauge, President
Einer Elhauge is President of Legal Economics. He is the Petrie Professor of Law at Harvard Law School and the director of the Petrie-Flom Center. He is the
author of Global Antitrust Law and Economics (Foundation Press 2007), Global Competition Law & Economics (Hart Press 2007), U.S. Antitrust Law &
Economics (Foundation Press 2008), Volume X of the Areeda antitrust treatise on tying, Statutory Default Rules (Harvard University Press 2008), and
numerous articles on antitrust economics, health care, and other subjects. He has provided expert economic testimony at trial and by deposition in many
matters, including in private action lawsuits and in class action lawsuits. He has also consulted for or presented economic reports to several governmental
bodies, including the U.S. Congress, the FTC, the Department of Justice, the FCC, the European Commission, and the Korean Fair Trade Commission. He
holds a JD from Harvard Law School, where he was awarded the Fay Diploma for graduating first in his class. His particular areas of expertise are antitrust
economics and health care economics. Click here for his CV.
Professor Nicholas Economides, Affiliate
Professor Nicholas Economides is an internationally recognized academic authority on network economics, electronic commerce, antitrust and public policy.
His fields of specialization and research include the economics of networks, especially of telecommunications, computers and information, the economics of
technical compatibility and standardization, industrial organization, the structure and organization of financial markets and payment systems, antitrust,
application of public policy to network industries, strategic analysis of markets and law and economics. He has extensive experience consulting and providing
expert witness testimony in legal cases. He currently serves as Professor of Economics at New York University’s Stern School of Business and Executive
Director of the Networks, Electronic Commerce and Telecommunications Institute. His website www.stern.nyu.edu/networks has been ranked as one of the
top four economics websites by The Economist. Click here for his CV.
Professor Allen Ferrell, Affiliate
Allen Ferrell is the Greenfield Professor of Securities Law at Harvard Law School. He is the author of numerous articles focusing on securities law and
regulation, corporate governance, finance, and the regulation of financial institutions and markets. His particular areas of expertise are securities and financial
markets. He holds a JD from Harvard Law School and a PhD in Economics from MIT. His particular areas of expertise are securities and financial markets.
Click here for his CV.
Professor Bruce Hay, Affiliate
Bruce Hay is Professor of Law at Harvard Law School. He teaches and writes in a variety of fields in the intersection of law and economics, including legal
procedure, tort and contract law, agency and fiduciary law, legal ethics, corporations, environmental law, and evidence. Before joining the Harvard faculty he
practiced law in Washington, D.C. with Sidley & Austin, working in a number of regulatory fields including telecommunications, antitrust, and environmental
law, and also in general appellate litigation. He was also a law clerk to Justice Antonin Scalia of the United States Supreme Court. In addition to teaching and
writing he consults on litigation and transactional matters, and does work as an expert witness and advocate before the state and federal courts. Click here for
his CV.
Professor Joshua Lerner, Affiliate
Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with joint appointment in the Finance and Entrepreneurial
Management Units. He is also a research associate at the National Bureau of Economic Research and founded its working groups on Entrepreneurship and
Innovation Policy and the Economy. His research focuses on venture capital and private equity, innovation, and intellectual property. He is the author of
Innovation and Its Discontents (Princeton University Press 2004), The Money of Invention (Harvard Business School Press 2001), The Venture Capital Cycle
(MIT Press 1999 and 2004), and Venture Capital and Private Equity: A Casebook (John Wily 2000, 2002, 2005, and 2008). He holds an economics PhD from
Harvard. His particular areas of expertise are issues related to innovation, intellectual property, and private equity. Click here for his CV.
Professor Steven Shavell, Affiliate
Steven Shavell is an economist whose major area of professional interest is in the application of economics to legal issues. He obtained a PhD in economics
from M.I.T. in 1973, joined the Department of Economics at Harvard University in 1974, and became a member of the Harvard Law School faculty in 1980,
where he is the Samuel R. Rosenthal Professor of Law and Economics and also director of Harvard University’s John M. Olin Center for Law, Economics,
and Business. He is a Research Associate of the National Bureau of Economic Research and was the director of its Program of Law and Economics. He
serves as co-editor of the American Law and Economics Review and co-editor of the Journal of Legal Analysis and is on the board of editors of a number of
other journals.
Professor Shavell has been a Guggenheim Fellow, is an elected member of the Econometric Society and an elected member of the American Academy of Arts
and Sciences, and was president of the American Law and Economics Association. He has published over a hundred articles, mainly in the application of
economics to tort, contract, property, and criminal law, and also to the economics of litigation. He has published a number of books, including Economic
Analysis of Accident Law (Harvard University Press, 1987), Foundations of Economic Analysis of Law (Harvard University Press, 2004); and he is co-editor
of the landmark two volume reference Handbook of Law and Economics (Elsevier, 2007).
Professor Shavell has extensive consulting experience in commercial and product liability, punitive damages, class actions, legal fees, intellectual property, and
violations of public law. His work spans multiple industries, including pharmaceuticals, telecommunications, insurance, oil, automobiles, and computer
hardware and software. Click here for his CV.
SENIOR STAFF
Thor Sletten, Ph.D.
Senior Economist & Executive Director
Thor Sletten is Senior Economist and Executive Director of Legal Economics. Dr. Sletten has done research and supported expert testimony in a variety of
practice areas, including health care, antitrust economics, and labor markets. Dr. Sletten earned his Ph.D. in Economics from Northwestern University, where
his research focused on Industrial Organization, and a B.S. in Economics/B.A. in Scandinavian Area Studies magna cum laude from the University of
Washington. Prior to joining Legal Economics, Dr. Sletten was Senior Economist at Criterion Economics in Washington, D.C., an economic consulting and
litigation support firm.
Andrei Goureev
Senior Economist
Andrei Goureev is Senior Economist at Legal Economics. His work has supported expert testimony in numerous matters, including matters involving antitrust
economics and patents. He expects to receive his PhD from Harvard in Economics in 2008. His thesis is entitled "Interdependence of Innovations and Patent
Protections."