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Best Consulting Firms in Each Practice Area
Consultants across the nation rate the top firms in their practice areas.
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2021 Best Consulting Firms for Economic Consulting
#1
McKinsey & Company
What can we say about McKinsey that hasn’t been said about the reigning titan of the industry? Widely considered the first and last word in consulting, this global juggernaut lives the mantra, “Different Worlds, One McKinsey,” through agile and impactful delivery of solutions across a mind-boggling diversity of practices and clients—all centered on the singular standards that earned the firm its international renown.
33.50% of
2020 Ranking #1
McKinsey & Company
#2
Boston Consulting Group
Boston Consulting Group is the second largest consulting firm by revenue and consistently ranks high in our top consulting firms. The firm’s diverse, global teams bring deep industry and functional expertise to organizations, helping them to grow, build sustainable competitive advantage, and drive positive societal impact. Purpose-driven, the firm strives to drive lasting impact for its employees, clients, and society. "You will be challenged... and rewarded," say insiders.
28.76% of
2020 Ranking #3
Boston Consulting Group
#3
Bain & Company
The “heart” of the Big Three, Bain & Company is known as much for its ambition and future-defining innovations as it is for its culture. “A Bainie never lets another Bainie fail,” as the saying goes, because of the rich and deeply compassionate culture that puts its people first and empowers them to deliver consistently outstanding work on a global scale.
24.84% of
2020 Ranking #2
Bain & Company
#4
NERA Economic Consulting
NERA provides economic advice, analysis, expert testimony, and regulatory insight for global clients in North America, Latin America, Europe, and the Asia-Pacific. The firm has been advising government authorities and the world’s leading law firms and corporations for over half a century. The firm brings academic analysis and rigor, objectivity, and real-world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.
22.23% of
2020 Ranking #4
NERA Economic Consulting
#5
Deloitte Consulting LLP
Deloitte is a global provider of audit, tax, financial services and consulting. The firm is one of the Big Four accounting organizations. Services include corporate strategy, marketing and sales strategy, mergers and acquisitions, and innovation; manufacturing operations including supply chain; sector-specific service operations; infrastructure operations including outsourcing advisory and shared services; and financial management.
18.47% of
2020 Ranking #8
Deloitte Consulting LLP
#6
Cornerstone Research
Cornerstone Research occupies a rare niche in the consulting world as a firm that specializes in economic and financial analysis for law firm clients. As a Cornerstone consultant, you may be called to provide expert testimony to commercial litigation and regulatory proceedings. While much of the financial work mirrors what you’d find at traditional economic consultancies, it’s the intersection of the legal and consulting worlds that makes Cornerstone Research an exciting and enriching opportunity.
17.92% of
2020 Ranking #5
Cornerstone Research
#7
Analysis Group
Known for its academic rigor and the exciting, challenging work, Analysis Group is a firm that offers consultants a high level of intellectual stimulation and fulfillment. The midsize firm has a culture geared towards mentorship and the high-touch, challenging client engagements that provide invaluable hands-on experience. Analysis Group offers an excellent environment to dive into the world of consulting and explore numerous opportunities for finding one’s consulting niche.
17.17% of
2020 Ranking #6
Analysis Group
#8
Ernst & Young (Consulting Practice) NA
Ernst & Young is one of the global Big Four accounting firms. They are best known for providing audit, tax, business risk, technology and security risk services, and human capital services. Through four service lines—assurance, consultancy, strategy, and transactions—they help transform businesses.
15.51% of
2020 Ranking #10
Ernst & Young (Consulting Practice) NA
#9
Charles River Associates
Charles River Associates is a global consulting firm specializing in management consulting and economic litigation services. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings and guides corporations through critical business strategy and performance-related issues. Clients include national and international companies; federal, state, and local government agencies and foreign governments; public and private utilities; and trade associations across multiple industries.
13.57% of
2020 Ranking #9
Charles River Associates
#10
PwC Advisory/Strategy&
When your parent is PwC, you’ve got the infrastructure and the resources to build a one-of-a-kind, at-scale strategy business that broadens its capabilities beyond pure strategy work. By harnessing the power of the PwC network, Strategy& delivers visionary yet pragmatic solutions actionable enough to be effectively implemented by the 100,000+ organizations it serves (including 84% of the Fortune Global 500).
11.99% of
2020 Ranking #7
PwC Advisory/Strategy&
#11
Accenture
Accenture works at the intersection of business and technology to help clients improve performance and create sustainable value for stakeholders. The company fosters a “culture of cultures,” where its people experience a sense of belonging and can be their best professionally and personally. Creating this inclusive workplace means ensuring people feel comfortable engaging in honest, open dialogue about difficult topics—such as bias and inclusion—without judgment or career limitation.
9.77% of
2020 Ranking #14
Accenture
#12
KPMG LLP (Advisory)
KPMG is a multinational professional services network and one of the Big Four accounting firms. Organized as a network of firms that each bring services to clients, KPMG spans strategy and operations, analytics, business integration, business intelligence, business process management, change management, growth enablement, integrated business planning, organizational design, outsourcing, shared services, talent management, technology enablement, and transformation. On the risk management side, they offer advisory services in financial risk management, forensic, internal audit, risk and compliance, and IT. Mainly, however, they are known for and specialize in auditing, internal audit, accounting, forensic accounting, compliance, corporate recovery, assurance, tax, risk management, and financial advisory services.
8.90% of
2020 Ranking #11
KPMG LLP (Advisory)
#13
Bates White Economic Consulting
Economic consulting firms are generally known for the data-intensive and rigorously analytic nature of their work. While Bates White Economic Consulting is no different, the firm seeks to differentiate itself through its bright and passionate people. It’s a firm that invests heavily in professional development and building a close-knit, collaborative culture. Bates White is a good fit for jobseekers with an interest in finance and an aptitude for analysis.
8.39% of
2020 Ranking #13
Bates White Economic Consulting
#14
FTI Consulting, Inc.
FTI Consulting one of the largest global financial consulting companies. They primarily help organizations manage and mitigate financial, legal, operational, political & regulatory, reputational, and transactional risks. The firm has been an advisor in some of the most headline-grabbing moments in history, including the Bernie Madoff investigation, the Lehman Brothers bankruptcy, the Bush vs. Gore dispute, the Major League Baseball Steroid case, and many more.
7.36% of
2020 Ranking #17
FTI Consulting, Inc.
#15
Oliver Wyman
Consistently recognized throughout the industry as a “Best Place to Work”, Oliver Wyman promises an “environment where exceptional people can thrive.” A large consultancy whose reach spans five continents, Oliver Wyman strives to provide its people with an entrepreneurial, non-hierarchical culture where talent people work alongside one another on complex, high-visibility client engagements. Go-getters who enjoy early responsibility and a fast-paced, driven environment will do well here.
7.20% of
2020 Ranking #16
Oliver Wyman
#16
The Brattle Group
The Brattle Group answers complex economic, regulatory, and financial questions for corporations, law firms, and governments around the world. The firm serves numerous focus areas and industries, including energy, financial institutions, IT, pharmaceuticals, healthcare, sports, telecom, and media. In addition, they offer expert testimony and are known for the credibility of their experts, which include leading international academics and industry specialists.
6.80% of
2020 Ranking #15
The Brattle Group
#17
Edgeworth Economics
Edgeworth Economics is an economic and quantitative consulting firm. They specialize in antitrust, class certification, intellectual property, and labor and employment. Their in-house economists provide solutions to their clients that are rooted in the rigorous application of economic principles and hard data.
4.79% of
2020 Ranking #20
Edgeworth Economics
#18
L.E.K. Consulting
L.E.K. Consulting is a global managing consultancy with clients ranging from small startups to major private equity firms. Although the firm’s roots are firmly planted in British soil, L.E.K. Consulting’s reach spans almost every major market around the globe. That—coupled with deep industry expertise across a breadth of clients and capabilities—creates a wealth of “big firm” opportunities at a relatively midsize firm.
4.39% of
2020 Ranking #18
L.E.K. Consulting
#19
Mercer LLC
Mercer is the world's largest human resources consulting firm. A subsidiary of Marsh & McLennan, it is a global professional services firm in the areas of risk, strategy, and people. The firm has been ranked #1 HR Consulting by Vault for several years running and is arguably the top global consulting leader in talent, health, retirement, and investments.
3.48% of
2020 Ranking #Not Ranked
Mercer LLC
#20
Kearney
Kearney is a global management consulting firm that has long specialized in sourcing, procurement, and operations. The firm works with more than three-quarters of the Fortune Global 500, as well as governmental and nonprofit organizations. Their services include analytics, digital transformation and innovation, new market growth, procurement, IT, and sustainability.
3.13% of
2020 Ranking #18
Kearney