Charles River Associates International (CRAI) NewsWatch

Table of Contents: (1) 2021 US Tax Advisory and Compliance Rates; (2) 2021 US Legal and Forensic Advisory Rates; (3) 2021 US Transaction Advisory Rates; (4) Accenture Completes Acquisitions of Pollux, Core Compete and Cygni; (5) Capgemini Launches New Multinational Division, Capgemini Engineering; (6) Aon Agrees to Divest Operations to Satisfy EU Antitrust Regulators; Review Deadline Extended; (7) Wipro's $1.45 Billion Bid to Acquire UK's Capco Proceeds; (8) BCG 2020 Revenues Grow to $8.6 Billion; (9) Consulting Leadership: Bain, KPMG, Marakon, CRA and Capita; (10) Thought Leadership: Accenture and Capgemini. (2,250 words)...More

Table of Contents: (1) Big Four Fiscal 2016 Consulting Rankings and Audit Conflict Risk Metrics (MR Research Note Vol X, No 2); (2) CSC Shareholders Approve HP Enterprise Merger; (3)Oracle Performing Due Diligence on Accenture Acquisition?; (4) Deloitte Acquires Cloud Consultancy, Day 1; Plans to Expand Cloud Capabilities; (5) Accenture Completes First Annapolis, OCTO, Seabury, Focus Group Europe and Davies Transactions; (6) CRA Closes Acquisition of Life Sciences Strategy Specialist, C1 Consulting; (7) BearingPoint Expands Operations Consulting Capabilities with UK and Italy Acquisitions; (8) Ethisphere Honors Accenture, Capgemini and Wipro as 2017 Most Ethical Companies; (9) Consulting Leadership: KPMG, Deloitte, CRA, Marakon, BDO and FTI; and (10) Thought Leadership: Strategy&, L.E.K. and PwC. (2,785 words, 1 Graphic)...More

Table of Contents: (1) 2015-16 United Kingdom HR Consulting Rates Report Published; (2) Accenture Acquires Logistics and Supply Chain Consultancy, Total Logistics; (3) EY Acquires UK-based Digital Consultancy, Seren; (4) Ewing Bemiss Transaction Advisory Practice Joins KPMG CF; (5) Accenture Completes Acquisition of EnergyQuote JHA; (6) KPMG International Member Firms Complete Acquisition of Towers Watson HRSD Practice; (7) Accenture Agrees to Acquire Schlumberger Business Consulting; (8) Promontory Agrees to Pay $15 Million to Avoid Crippling New York DFS Sanctions; (9) Consulting Leadership: CSC and Charles River Associates; and (10) Thought Leadership: CB Insights and KPMG. (2,050 words)...More

Table of Contents: (1) On the Monadnock Research Horizon: Location-Based Rating Schemes and Human Capital Consulting Rates; (2) RSM Network Firms Unite Under Single "RSM" Brand; (3) CSC and Executives Pay $190 Million to Settle Fraud Allegations; (4) CMS Consulting and Infrastructure Guardian Acquired by New Signature; (5) Atos Acquires Blue Elephant Systems; (6) Accenture to Double Size of Brazil Delivery Center; (7) NTT DATA Agrees to Acquire Financial Services Consultancy, Carlisle & Gallagher; and (8) Consulting Leadership: CRA Marakon, Deloitte and BDO; and (9) Thought Leadership: HBR Consulting, Deloitte and KPMG. (2,175 words)...More

Table of Contents: (1) KPMG Reaches Agreement to Acquire Triad's ServiceNow Business and Beacon Partners; (2) WPP Launches Digital Marketing Consultancy, Gain Theory; (3) Eight Consultancies Make Fortune's 2015 Top 100 Employers List; No Firms Make Fortune's Top 100; (4) Cave Consulting Wins $12 Million Patent Infringement Suit; (5) Former McGladrey Auditor Sentenced to 4+ Years in Federal Prison for Embezzling More than $1 Million; (6) Consulting Leadership: KPMG, Wipro, EY, Deloitte & Altran; and (7) Thought Leadership: BCG, Accenture, KPMG & PwC. (2,270words)...More

Table of Contents: (1) 2015 IT Strategy Consulting Rates: China and Hong Kong; (2) TCS Responds to Employee Firestorm; Denies Plan to Terminate 10% of Workforce; (3) Huron Acquires Sky Analytics; (4) Financial Services IT Consultancy Synechron Acquires Team Trade; (5) The Camden Group Acquires Health Directions; (6) Saudi Authorities to Address Poor Quality Consulting Work by Foreign Firms; (7) Consulting Leadership: PwC, FTI, DRG, Deloitte, BDO, Segal and CRAI; and (8) Thought Leadership: Deloitte and PwC. (1,990 words)...More

Table of Contents: (1) Monadnock Research Completes 2014 IT Consulting Rate Research Series with Publication of Israel, Netherlands, UAE and South Africa Reports; (2) Accenture Wins Supplier Excellence Award from Honda; Forms Strategic Alliance with China's Huawei; (3) Huron Closes Threshold Consulting Transaction; (4) Tata Consultancy Services Merges Operations of Partially-Owned CMC; (5) Consulting Leadership: PwC and Marakon; and (6) Thought Leadership: AT Kearney and Accenture. (1,535 words)...More

Table of Contents: (1) 2014 Russia IT Consulting Rates Report Published; (2) Deloitte Fiscal 2014 Global Revenues Up 5.6%, Led by Growth in Consulting; (3) EY Fiscal 2014 Global Revenues Up 6%, Led by Growth in Advisory; (4) Huron Completes Transaction Acquiring Threshold Consulting; (5) KPMG Acquires Cybersecurity Firm, Qubera; (6) Big Four Take Another Run at UK Legal Market; (7) Consulting Leadership: EY, Mercer, Huron and CRAI; and (8) Thought Leadership: PwC and Deloitte. (2,155 words)...More

Table of Contents: (1) 2014 Japan, South Korea and Taiwan IT Consulting Rates; (2) Cognizant Agrees to Acquire TriZetto for $2.7 Billion; (3) Apple Patent Infringement Damages Award Thrown Out on Bogus Expert Testimony; (4) Wipro Launches Open Source Infrastructure Practice and Investment Strategy; (5) Oliver Wyman Launches OW Labs to Help Make Strategic Sense of Big Data; (6) Atos' €620 million Takeover of Bull Proceeds; (7) Consulting Leadership: A.T. Kearney, Marakon and CSC; and (8) Thought Leadership: A.T. Kearney, KPMG and Accenture. (1,930 words)...More

Table of Contents: (1) Monadnock Research Publishes McKinsey & Co. Global Rates and Firm Profile; (2) PwC Completes Combination with Booz&Co: Changes Name to "Strategy&"; (3) Accenture Reports Flat Net Consulting Revenues, Record Bookings; (4) MF Global Trustee Sues PwC for $2+ Billion for Alleged Malpractice and Negligence; (5) Segal Group Signs Agreement with Towers Watson; (6) Navigant Acquires Leerink Swann; (7) Consulting Leadership: FTI Consulting, A.T. Kearney, Towers Watson, Charles River Associates, Telos, Navigant and Deloitte; and (8) Thought Leadership: Bain and PwC. (2,050 words)...More

Navigant has sold its 40-person litigation consulting team, which was part of the firm's Economics practice, to Charles River Associates (CRA) in an all-cash deal. Navigant Principals Kevin Murphy, Robert Topel, Nicholas Weir and Mark Zmijewski had previously disclosed their intent to leave Navigant with their staff. This transaction accelerates the May departure of that group. CRA will continue ongoing client engagements serviced by the former Navigant team. (470 words)...More

Roland Berger opens offices in Jakarta, Dubai and Lagos; Appoints 26 new international Partners; Partners elect two new Supervisory Board Members. Simon-Kucher appoints 8 new Partners. FTI opens new office in Jakarta. Rebecca Szelc joins Charles River as a Vice President in Financial Accounting & Valuation practice. Linda Zimmerman joins Aon Hewitt as Senior Vice President and Global Marketing Leader. KPMG appoints Janet Davidson as Head of the Global Healthcare Center of Excellence. PricewaterhouseCoopers names Erik Hansen as Partner in Risk Assurance Services practice; Pamela F. Olson joins as Deputy Tax Leader and Leader of Washington National Tax Services practice. Capgemini Appoints Dee Burger as Telecom, Media and Entertainment Practice Sector Lead and Jean-Marc Steffann as Vice President. Navigant appoints Jim Vint Managing Director, and Kevin Blake and Kevin Byrne as Directors within the Technology Solutions practice; Karin Corfee as Managing Director in Energy Practice. Er...More

MR - FTI Consulting has launched an Electricity Consulting Group within its Economic Consulting Practice. Two Charles River Associates executives joined FTI to lead the practice. The new group will provide strategic and tactical advisory services to both established and emerging businesses operating or investing in the electric power sector. (475 words)...More

Vault has just published its latest list of the top consulting firms, the "Vault 2011 Consulting 50." This year's ranking is not based strictly on the "prestige" factor, which is a ranking of perceptions by consultants of firms other than the one they work for. That listing is still published, but as a separate ranking. Vault's overall 2011 ranking weighs culture, work/life balance; compensation; prestige; business outlook; and transparency. While the Vault rankings might help firms with their college recruiting efforts, the utility for clients is limited. But taking a contrarian view provides some interesting perspective. This Research Note offers insights into what clients can learn from these rankings, and why high scores in some categories aren't necessarily good for your business or your project. The top 10 firms for the current ranking are: (1) Bain, (2) BCG, (3) McKinsey, (4) Analysis, (5) Cambridge Group, (6) Deloitte, (7) Oliver Wyman, (8) A.T. Kearney, (9)...More

MR - Hewitt Associates appoints co-leaders of North American Executive Compensation Consulting practice. Deloitte appoints U.S. Retail practice leader and Vice Chair. Heidrick & Struggles continues its strategic diversification into complementary leadership consulting areas by naming two Principals within its Global Technology & Services Practice. Charles River Associates makes 8 senior level appointments in Transfer Pricing Practice. U.S. Federal practice leader re-joins Diamond after working as general manager of FCC National Broadband Plan. FTI Consulting appoints Senior Managing Director and Asia Pacific Leader. Arthur D. Little names Managing Director of ADL Spain and Director of ADL China. PAREXEL appoints two former regulators as Principal Consultants. Bain Private Equity Partner joins New York practice. Segal appoints new CIO. Sapient appoints chief information security officer. Navigant Consulting appoints Managing Director within Navigant Economics group; Managing Dir...More

MR - Bain & Company expands global partner group; Appoints 13 new partners from nine offices across North America, Europe, Africa and Asia-Pacific. Charles River Associates appoints five new vice presidents in its Antitrust & Competition Economics, Energy & Environment, Global Industrial Consulting, and Intellectual Property practices. CSC Names retired U.S. Air Force General as Vice President, Space and Aviation Services; Names President of Australian operations. HP appoints new leader of Enterprise Services group. FTI Consulting appoints Director General of Colombia's national intelligence and security agency as managing director to lead Forensic and Litigation Consulting Segment practice based in Columbia. Everest Group appoints Gartner Consulting founder as Senior Vice President; Two new Principals for its Americas and EMEA practices; and New leader for expanded Shared Services Practice. Oliver Wyman appoints former ADL Americas Managing Director as Partner in global En...More

MR - Charles River Associates has expanded its presence in the Middle East with the opening of an office in Riyadh, Saudi Arabia. The new Riyadh office combines with an office in Bahrain that opened in 2005 to serve clients in the region. CRA's local management team, led by Vice President Robert Young, is comprised of consultants from the Global Industrial Consulting (GIC) and Energy & Environment Practices. (520 words)...More

MR - Charles River Associates (CRA) had lower than anticipated revenue and profitability in its first quarter of fiscal 2010, and is planning further cost-cutting measures to better align expenses with revenues. GAAP Revenue dropped by 11 percent over the same period last year, with income down 50 percent. Consultant utilization has dropped to 60 percent. CRA plans additional cuts in workforce and office space, and will take a charge in the upcoming period of between $4.9m and $5.5m. (655 words)...More

CRA International has acquired substantially all of the assets of Marakon Associates, a leading strategy consulting firm known for its value-based approach to management consulting. Acquired in the transaction are Marakon's practice IP, receivables, and all in-process client projects. Approximately 50 of Marakon's consultants will join CRA, including nine key principals who will join as vice presidents. (subscription required)...More

Huron Consulting Group appoints President and COO. Bain & Company appoints leader of North American healthcare practice. PricewaterhouseCoopers appoints Chief Innovation Officer. Tata Consultancy Services COO to become CEO. Capgemini appoints Group HR Director and member of the Group Management Board. KPMG appoints new director to head up restructuring real estate specialist team; Names two new Partners and one Director to the UK restructuring group; CRA International names three vice presidents. Aon Consulting names senior Vice President of National Retirement Innovation and Sales. Executive returns to PRTM as VP in Global Public Sector business following White House Appointment. Celerant Consulting appoints two new chemicals sector Vice Presidents. Affiliated Computer Services names chief operating officers of commercial and government operations. Former BDO Seidman Vice Chairman pleads guilty to federal fraud charges. (subscription required)...More

Deloitte appoints Deputy Managing Partner with responsibility for Professional Practice Network. Heidrick & Struggles names Vice Chairman and Managing Partner of newly combined global CEO and Board practices. Capgemini names eight VPs. Hitachi Consulting appoints President and CEO. Celerant names senior vice president of strategy. Alvarez & Marsal makes executive appointments and expands pan-European financial institutions team. Global Health Management consulting leader rejoins Hewitt. E&Y to cut compensation of Irish staff by 7.5 percent. Satyam may have lost close to 25 percent of staff since January. (subscription required)...More

(31 October 2008) CRA International (CRA) will reduce its consulting staff, and will close the firm's Capital Projects and Legal Business Consulting practices. The firm will also close offices in Austin and Dallas, Texas, and Melbourne, Australia....More

MR - Deloitte Financial Advisory Services elects new CEO and Chairman. CRA appoints Chief Operating Officer. Navigant appoints EVP and Chief Financial Officer. LECG appoints leader of energy practice. Ernst & Young appoints Americas leader for the Working Capital advisory practice. BearingPoint hires former Deputy Under Secretary of the Army to consult on business transformation. Rimkus names new chief executive officer and chief operating officer. Atos Origin appoints VP of North American ERP services. Huron appoints healthcare IT experts....More

(26 September 2008) Accenture announces exceptional results for the quarter and fiscal 2008 - its highest-ever annual revenues, earnings per share, bookings, operating income, and cash flow. How is Accenture succeeding in difficult economic times, and why is this good for clients? Lilly takes preemptive step toward disclosure of fees paid to consulting physicians to improve transparency. CRA announces weak financial and operating results. PricewaterhouseCoopers announces carbon emission reduction targets. Ernst & Young LLP nurtures campus recruiting efforts with large strategic donations. Growing risk to consultants working in developing and politically unstable nations. McKinsey Quarterly article says that 60 percent of professional services firms see employment either staying the same or decreasing over the next 6 months; cuts within 80 percent of investment bank fixed costs, including management and IT consulting, would have little or no impact on staff morale and corporate cult...More

(19 September 2008) KPMG LLP appoints partner in charge of diversity. CRA International appoints CIO and two new Vice Presidents to the firm's Chemicals & Petroleum and Transfer Pricing practices. Lee Hecht Harrison appoints head of leadership consulting practice. Deloitte announces strategic leadership group for anti-money laundering practices. Founder and former Chairman of Atos Origin joins CGI Group board. Options Group appoints new Chairman. DIVURGENT and appoints Vice President, Client Services. TietoEnator names new leadership team; Deputy CEO to leave the company....More

MR - Ernst & Young has named Howard Roth as the organization's new Global and Americas Director of the firm's 5,000 member Real Estate practice; Jules B. Kroll, the founder of Kroll, will retire from the Marsh & McLennan Companies this month; R. Corey Booth, will be leaving his position as CIO of the SEC to join the Boston Consulting Group as a leader within its financial services practice; Jeffery Gruen, M.D. has joined PRTM Management Consultants as a director and co-head of the firm's healthcare practice; Former Starbucks Senior VP of manufacturing and operations, Rich Soderberg, has joined Alvarez & Marsal's business consulting practice as a senior director; Linda E. Amuso has been appointed president of Aon Consulting's Radford Surveys + Consulting; and Fidelity Investments has named Bob Lucido as a Senior VP within its consulting services group to launch an HR strategy practice....More

(25 June 2008) CRA International assisted antitrust counsel for SABMiller in connection with its proposed joint venture with the Molson Coors Brewing Company. The U.S. Department of Justice recently closed its antitrust investigation into the joint venture. CRAI was retained by Miller to assist antitrust counsel, Jones Day....More