Litigative Economics

RRC has extensive experience in assisting attorneys in relating complex legal matters to economic, financial, and statistical evidence. RRC has been successful in the analysis of issues such as contract violations, product liability and warranty, theft of trade secrets, discrimination, monopolization, price-fixing, monopsony purchasing, boycotts, licensing restrictions, and damage theories. Often economic evidence suggests a line of argument, supported by sound economic theory, which narrows
the scope of a case and offers an efficient, effective avenue for successful litigation. 

Discrimination

RRC's research of labor markets and life cycle examinations of trades and professions provides valuable supporting arguments in discrimination cases. In its work with clients, RRC has successfully estimated the value of labor services among employee groups and evaluated the representativeness of a firm's labor force to that of appropriate labor markets. Economic theory maintains that market wages, in a competitive market, reflect the marginal value of labor to the employing industry. New research findings have underscored the importance of human resource accounting and the value of employee experience and expertise to the employer.