Cornerstone Research, a leading provider of economic and financial consulting and expert testimony in commercial litigation and regulatory proceedings, today announced the opening of its Chicago office at 200 West Madison Street. The firm has more than 450 staff and offices in Boston, Chicago, Los Angeles, Menlo Park, New York, San Francisco, and Washington.
“Cornerstone Research has long been active in the Chicago market and throughout the Midwest,” said Cynthia Zollinger, President and CEO of Cornerstone Research. “The current state and anticipated future growth of our business, combined with a number of additional factors, including Mayor Emanuel’s commitment to supporting business expansion, and Chicago’s high concentration of renowned academic institutions, with whom we have long enjoyed strong relationships, make it a very attractive market for us.”
Andrew D. Richmond, who joined the firm in August as a vice president, will lead the office. Mr. Richmond has more than 20 years of litigation and expert witness experience, addressing issues related to accounting, valuation, causation, and economic damages in a wide variety of commercial disputes. Prior to joining Cornerstone Research, he was a managing director at Navigant Consulting and previously was with Arthur Andersen and KPMG.
“We are excited to be on the ground in Chicago with the ability to provide our clients with enhanced service and access to our firm’s staff of consultants with expertise in a diverse range of disciplines,” Mr. Richmond said.
The new office will be staffed with a combination of experienced consultants from within Cornerstone Research as well as new local hires. Frank T. Mascari recently joined the firm as a principal in the Chicago office. He has worked on a variety of issues related to accounting malpractice, bankruptcy, and telecommunication regulatory matters. John P. Simon, a principal from the Boston office, is one of several Cornerstone Research consultants who have relocated to Chicago. Mr. Simon’s primary areas of focus are ERISA, securities, and financial institutions litigation.