Every year for the past few years we have begun this annual newsletter with the statement that the year was more successful than any previous year. This year we are once again proud to announce that 2013 was the best year by far in Compass Lexecon’s history.
We continued to be hired in the highest percentage of the biggest, most complex cases and mergers around the globe. For example, we worked on the most important mergers of the past year: US Airways/American Airlines; OfficeMax/Office Depot; AB Inbev/Grupo Modelo; Comcast/Time Warner Cable, and Omnicom/Publicis. In antitrust litigation, we were similarly involved in the most important antitrust litigation matters, including the Rail Freight Fuel Surcharge Antitrust Litigation; LCD Price Fixing Litigation; U.S. v. Apple, among many others. Our finance practice and general litigation practice enjoyed similar success as we continued to be the firm of choice when economic experts are required in major litigation. We were immersed in major litigation including multiple matters arising out of the BP oil spill, various major residential mortgage-backed security and derivatives matters, disputes arising from the 9/11 terrorist attack on the World Trade Center, civil and criminal insider trading matters, multi-billion dollar fraudulent conveyance litigation, foreign exchange disputes, the economics of the pension crisis for governmental entities, LIBOR litigation, takings cases, Delaware Chancery merger, appraisal and damages litigation, and insurance/reinsurance disputes, to name just a few examples. We also continued to expand our expertise in intellectual property matters and were involved in a number of high profile cases in the IP space this year.
Our international arbitration practice continues to thrive and grow. Eleven Compass Lexecon team members from three continents were recognized in a survey of general counsel and private practice lawyers globally as among the top international commercial arbitration experts in the world with quotes like “phenomenal,” “distinguished,” “great under cross examination,” “one of the most popular appointments in valuation of investment arbitration,” and having a “insight and intelligence.”
We also expanded our pool of affiliated experts. We strengthened our antitrust practice with the acquisition of Princeton Economics Group, which added University of Virginia Professor Kenneth Elzinga to our team of Senior Consultants. We also added two other world renowned experts, Professor Robert Daines of Stanford University, a corporate governance and finance expert, as well as Professor Tim Simcoe of Boston University, a patent and IP expert. In addition, we continued to work with and provide support for other world-class experts including Nobel Laureates Professors James Heckman and Robert Engle and Professors G. William Schwert, Gordon Klein, Roman Weil, Anthony Saunders, James Barth, and Scott Meadow.
Finally, we continued to expand in 2013 to better serve the needs of our clients. We now have 17 offices in seven countries and more than 400 professional staff, including more than 135 Ph.D. economists.
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