While many businesses in Berkeley, San Francisco, Santa Rosa, Fresno, Sacramento, Oakland, CA, and the surrounding areas can benefit from things like financial consulting, there are other businesses that require a deeper look into their industry and the marketplace. At Sugarman & Company LLP, we offer a service called economic consulting and this combines several disciplines to provide a much more robust analysis of the industry a business is in and gives the owners crucial details about how various aspects influence the industry, both currently as well as more long-term in nature. Economic consulting firms require highly educated and highly experienced in good and volatile economic times. We are approaching a half-century in business and can provide you with this detailed analysis to help with your strategic decision making. Contact us today to learn more.
Important Questions Economic Consulting Can Help With
Economic consulting firms specialize in what they do, which is combining economics, law, and business. The ultimate goal is to provide data-driven strategies that can help to inform business decisions, as well as shape public policies or even to give input on legal cases. The data can help to answer questions like how a potential merger will impact the competitive environment or what the economic impact of a new labor policy will be.
There are different areas that can be impacted by partnering with economic consulting firms. Policies and regulations for states and municipalities, antitrust and competition in an industry, litigation support for large cases, valuation of a business that may be for sale, as well as international arbitration where governmental regulations are at odds.
Legal Issues Are a Driving Force
Many times, it is a legal question or issue that drives a lot of what economic consulting firms deal with. And while this can often originate with a law firm, it can also come from a large company or even a governmental entity. Sometimes the questions deal with the past and how different decisions affected the economic situation, while other questions are forecasting what the economic impact will be of a regulation, a merger in an industry, or other effects to a region.
Economic consulting firms like Sugarman & Company LLP look at a diverse set of information in order to develop a report that is actionable in Berkeley, San Francisco, Santa Rosa, Fresno, Sacramento, Oakland, CA, and the surrounding areas. This is a process that demands an experienced team like ours that will understand the interplay of these different fields and be able to quantify things in a way that provides clarity and direction. Contact us today to schedule a time to learn more.