Leslie Schafer is a Senior Economist with Econ One Research, Inc. in Los Angeles, CA. As a testifying and consulting expert, she applies economic analysis and econometrics to liability and damages estimation for intellectual property, antitrust, and other complex litigation matters. She also values intellectual property for joint ventures and other non-litigation contexts. Her analyses have covered a wide variety of industries ranging from information technology, health care, asset-based lending, and insurance to products such as consumer packaged goods, high-performance swimwear, vaccines, and power tools. Dr. Schafer has particular expertise analyzing large relational databases, cross-sections, and panel datasets of commercial transactions, health care claims, and pricing, especially in the large-scale, class action context.
Dr. Schafer has served as a testifying expert about trademark damages, benchmarking the reasonableness of billed charges for health care services, and about the use of cost-benefit analysis in product liability. She has been an expert witness with the National Institute for Trial Advocacy (NITA) and the Trial Advocacy Group. As a consulting expert, Dr. Schafer has provided analysis in antitrust and intellectual property cases on issues such as market pricing, competition, market power, common impact, reasonable royalties, and by constructing financial and econometric damages models. Additionally, Dr, Schafer has valued trade secrets and monitored the viability and competitiveness of business divestitures of merging multinational firms as part of compliance with structural remedies for the U.S. Federal Trade Commission, the European Commission, and the German Bundeskartellamt (Federal Cartel Office), about which she has published in Executive Counsel magazine.
In addition to consulting, Dr. Schafer has taught microeconomics at The Wharton School of Business, University of Pennsylvania and the McDonough School of Business at Georgetown University.
Ph.D. in Managerial Sciences and Applied Economics, Wharton School of Business, University of Pennsylvania
M.A. in Managerial Sciences and Applied Economics, Wharton School of Business, University of Pennsylvania
M.P.P. in Public Policy and Private Enterprise, University of Maryland
B.A. in Political Science, Tufts University, cum laude
Econ One, October 2011 – Present
Exponent, Inc., 2010 –2011
McDonough School of Business, Georgetown University, Adjunct Professor, 2010–2011
PricewaterhouseCoopers LLP, Advisory Services, 2005 – 2009
The Wharton School of Business, University of Pennsylvania, 1999–2004
Independent Economic Consultant, September 2003
United States Government Accountability Office (formerly United States General Accounting Office) – National Security and International Affairs Division, 1992-1998
U.S. District Court