Edgeworth Economics is pleased to announce that Dr. Craig Malam has joined the firm as a Partner in San Francisco. An expert economist with 20 years of experience, Dr. Malam is uniquely well-positioned to enhance the firm’s leading antitrust and competition practice.

Congratulations to Edgeworth Partner Michael Kheyfets on being the only economist in the US to be selected for Global Competition Review’s prestigious 40 under 40 list, which highlights top competition practitioners globally every four years.

Edgeworth Economics aims to provide unmatched economic consulting services to our clients and unmatched career opportunities to our people. These goals go hand in hand.  Click to learn more about opportunities at Edgeworth. 

Mike Kheyfets compiled a unique database of over 100 BIPA settlements and studied the evolution of damages issues BIPA litigation cases.  The research, including a look ahead to what the findings may mean for the future, were published today in Bloomberg Law.

Edgeworth Economics Partner Dr. Nathan Woods was retained by Hunton Andrews Kurth LLP in a wage-and-hour dispute between client East Penn Manufacturing and the United States Department of Labor. In this five-year-long litigation, East Penn faced allegations of unfair pay practices with claims of back wages, liquidated damages and administrative penalties in excess of $220 million. Ultimately, a federal jury in Philadelphia rejected 90% of the damages and all remaining liability in this enforcement action brought under the Fair Labor Standards Act (FLSA) by the U.S. Department of Labor.

This article provides a preview of the range of H-2B wage increases mandated by the DOL. As explained in a recent analysis volatility in H-2B prevailing wages is caused by the DOL’s methodology and limited sample sizes, especially in less populated labor market areas, and may discourage employers from relying on the H-2B program.