Data Analytics

Overview

Edgeworth Economics applies our deep experience and outstanding capabilities in data extraction, cleaning, validation, and construction on a variety of systems to translate the data complexities our clients face into simplified, actionable solutions.

We provide economic and statistical data consulting to Fortune 500 companies across the globe, both through direct business consulting and in the context of litigation. Our professionals work with corporate leaders and outside counsel to identify fundamental questions that can be answered with the available data to foster strategic growth or minimize potential risks in all aspects of running a business, including sales, finance, and HR.

Data Analytics Business Consulting

Coordinating data across multiple divisions to identify and answer key business questions that reveal areas of growth and reduce exposure is often difficult even for the most successful businesses. Edgeworth has developed rigorous data analytics for businesses and other organizations across a variety of industries, based on an approach that focuses on:

  • Crafting the fundamental business questions that can be answered with your data
  • Understanding how your data reflects the business realities of your firm
  • Extracting, cleaning, and validating data from a variety of systems
  • Developing thoughtful statistical analyses and applying state of the art methodologies to provide rigorous answers
  • Interpreting these statistical analyses—recognizing the strengths and limitations of the approach—to intuitively and effectively provide meaningful, actionable solutions to your underlying business questions

HR Analytics Business Consulting

Edgeworth experts apply their knowledge and experience to help clients efficiently manage complex issues by transforming the often overwhelming volume of HR data into strategic solutions. We work with clients to translate their HR data into meaningful, actionable information to help improve efficiencies and more effectively deploy human capital.

Edgeworth’s experience includes:

  • Assessing and forecasting hiring and attrition trends to assist in workforce planning
  • Helping companies analyze and quantify diversity and inclusion initiatives
  • Quantifying recruitment analytics to measure ROI and shape recruiting strategy
  • Analyzing compensation, hiring, promotion, and termination data for a variety of purposes including retention risk
  • Building analyses to properly respond to EEOC investigations or OFCCP audits
  • Measuring the impact of organizational realignments on the workforce
  • Assessing wage and hours claims under FLSA or state laws

Data Analytics in Litigation and Compliance

Edgeworth data experts identify, assess, and build transactional databases for clients involved in litigation, arbitration, and regulatory compliance matters. We have extensive experience and expertise working with a variety of systems, including decommissioned mainframes, legacy systems, SAP, and Oracle.

Our experts easily guide clients through the process of constructing large databases for the purposes of litigation or regulatory compliance. We begin by developing a preliminary data management plan, then go through the steps of identifying all potential data that may be required in the litigation, including:

  • The kinds of information needed
  • The time period over which information is available
  • The systems such information is stored in
  • Possible interviews of IT personnel
  • Extraction of data from multiple systems
  • Validation of data
  • Standardization of data, for instance, across multiple databases or companies


Case Highlights

Case Highlights

Insights & News

Publications

Edgeworth Insights

Speaking Engagements

News

Of Significance Podcast

  • 11.26.2024

    Thanksgiving is here and Steve, Nathan, and Brent celebrate by talking about a major change in NFL rules regarding kickoffs. 

  • 10.29.2024

    In their first Halloween holiday episode, Nathan, Steve, and Brent talk about some ghoulishly bad statistics and have a bloody good time doing it! Are vampires real? What's the scariest movies? And what are their favorite Halloween traditions? You'll be terrified...

  • 10.15.2024

    In this follow-up to our Ample Ramble on Sampling episode, Brent, Nathan and Steve dig into a major sampling issue: non-response bias.

  • 10.01.2024

    It's one of the most fundamental characteristics of statistics and Steve, Nathan, and Brent work through it with a hint of grace, a touch of dignity, and bit of fun: it's sampling!

  • 08.20.2024

    Brent, Steve, and Nathan take a look at the age old adage "Correlation does not imply causation" and how people seem to still miss how to think about what factors are related. They become real control freaks when it comes to what goes into their tests.

  • 07.10.2024

    Problem: You've got to make sure you hire a proportionate distribution from the people applying to your company. Solution: Make a benchmark. Problem: You don't know what the right benchmark is. Solution: Listen to Steve, Nathan, and Brent talk about better ways to think about the characteristics one should be looking for in a benchmark. Problem: Oh wait, there are no other problems...

  • 07.09.2024

    In the case of Muldrow v. St Louis, the Supreme Court changed the standard required to show discrimination by employers. Brent, Nathan, and Steve chat about how this could change the way we investigate these kinds of cases and Brent has ideas about what companies could be keeping better track of when it comes to employee activity.

  • 07.09.2024

    Let's get meta right off the bat as Nathan, Brent, and Steve think about how we think about what's important. In this kickoff episode, they dive deep into the different ways things matter or mislead and Steve reminisces about a poll that came out when he was a wee lad.

  • 06.27.2024

    Edgeworth Economics' new podcast featuring experts Dr. Steve Bronars, Dr. Nathan Woods, and Brent Butgereit premieres soon. Check out our trailer here!

Practice Contacts

Experts

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