NERA Economic Consulting

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Contact Information
NERA Economic Consulting
1166 Avenue of the Americas
29th Floor
New York, NY 10036
tel: +1 212 345 5913
fax: +1 212 345 4650

Education
MPhil and MA in economics, Yale University

MBA, Yale School of Management

BA, Stanford University
Lucy P. Allen
Senior Vice President

Mass Torts and Product Liability Practice Chair


At NERA, Ms. Allen directs projects in securities, finance, and the economics of product liability. She has performed valuations of privately-held companies, subsidiaries, and thinly-traded securities and has assessed liability, materiality, and damages in over 100 securities litigation cases. She has analyzed issues related to subprime lending, ERISA claims, and alleged market manipulation and insider trading including complex financial instruments such as credit derivatives. In the area of tort economics, she has estimated the number and value of claims likely to arise from allegedly defective or harmful products, including asbestos, medical products, and building materials. She has been retained by insurance companies and assureds in matters involving insurance allocation.

Ms. Allen has testified at trials in Federal District Court, before the American Arbitration Association and the Judicial Arbitration Mediation Service, and in depositions. In the area of finance and securities, she has testified on issues including:

  • Market efficiency, class conflicts, and other issues regarding class certification
  • Loss causation, materiality, and damages
  • Settlement values in securities class action suits
  • Valuation

Before joining NERA, Ms. Allen was a staff economist at the Council of Economic Advisers for both former President Bush and President Clinton, providing economic analysis on regulation and health care policy issues. Prior to that, she worked as a management consultant for five years, where she formulated marketing, organization, and overall business strategies for clients in a broad range of industries.

In the Economics Department at Yale, Ms. Allen concentrated in industrial organization and microeconomic theory and taught courses at the graduate and undergraduate levels in econometrics, microeconomics, and game theory.

Snapshot of Recent Trends in Asbestos Litigation

16 June 2009

China Product Recalls: What's at Stake and What's Next

20 February 2008

More publications
Securities Litigation During the Financial Crisis: Current Developments & Strategies

New York, New York

8 December 2009

Asbestos Litigation Mega Conference: A Comprehensive National Overview and Outlook

San Francisco, California

14 September 2009

More events
NERA's Role in Jerry Ryan, et al. v Flowserve Corporation, et al.

Economic Advice in Litigation

WFUM Pools Scheme

Economic Advice in Litigation

Asbestos Claims, Indemnity Payments Down: Report

Law360

17 June 2009

NERA Releases Snapshot of Recent Trends in Asbestos Litigation

Press Release

16 June 2009

More news
 
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