Compass Lexecon

From Wikipedia, the free encyclopedia
  (Redirected from Compass lexecon)
Jump to: navigation, search
Compass Lexecon
Industry Economic Consulting
Founded 1977
Key people
Daniel R. Fischel, Chairman and President
Jonathan M. Orszag, Senior Managing Director
Products Expert services
Number of employees

Compass Lexecon is an 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.[1][2] 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 wholly owned subsidiary of FTI Consulting, Inc., a global business advisory firm.[3][4] Daniel Fischel is the chairman and president.[5] Jonathan Orszag is senior managing director.[6] In May 2013, Compass Lexecon acquired Princeton Economics Group, which provides economic research, data analysis and testimony to law firms and corporations.[7]


In July 2014, in response to an FCC inquiry, the National Association of Broadcasters cited a report by Compass Lexecon on the economic benefits of exclusivity rules.[8] 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.[9] 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.[10][11] The Wall Street Journal published an opinion piece by Professor Fischel on the same topic.[12] 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.[13] In the same month, a Travel Pulse article on the airline industry cited a Compass Lexecon report, which "claim[ed] the Gulf airlines are not creating new demand, but siphoning off passengers from existing airlines."[14]

Practice areas[edit]

Compass Lexecon maintains expertise in the following practice areas: Antitrust & Competition, Damages, Derivatives & Structured Finance, ERISA Litigation, Energy, Healthcare, Intellectual Property, International Arbitration, Regulatory Investigations, Securities & Financial Markets, Telecommunications, Transportation, and Valuation & Financial Analysis.[15]

Office locations[edit]

North America:


Latin America:


  1. ^ Bloomberg Businessweek, Company Overview of Compass Lexecon LLC. Retrieved on April 4, 2014.[1]
  2. ^ The Wall Street Journal, "FTI Consulting Wins Four 2014 Global Competition Review Awards". April 9, 2014.[2]
  3. ^ Compass Lexecon, About Us
  4. ^ profile of Compass Lexecon
  5. ^ Compass Lexecon Bio, Daniel Fischel
  6. ^ Compass Lexecon Bio, Jonathan Orszag
  7. ^ The New York Times, News About FTI Consulting Inc
  8. ^ Broadcasting and Cable, "NAB: Exclusivity Rules Are Crucial". July 24, 2014. Retrieved on October 10, 2014.[3]
  9. ^ Bloomberg, "JPMorgan Seen Facing Bigger Fight With Mortgage Investors". July 24, 2014.[4]
  10. ^ The New York Times, “Study Claims Oil Divestiture May Hurt College Endowments”. February 9, 2015.[5]
  11. ^ Daniel Fischel, “Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy”.[6]
  12. ^ The Wall Street Journal, “The Feel-Good Folly of Fossil-Fuel Divestment”. February 9, 2015.[7]
  13. ^ 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. [8]
  14. ^ Travel Pulse, "Open Skies Combatants Continue to Take Shots". May 15, 2015. [9]
  15. ^ The Washington Post, "Economists wield big influence in merger reviews". June 1, 2014.[10]