It was the first consulting firm dedicated to methodically applying microeconomic theory to litigation and regulatory matters.

[2][3] The company is based in the United States and has offices in North America, Europe, Asia, and Australia.

[2] NERA is a part of the Oliver Wyman Group, a subsidiary of the Marsh and McLennan Companies, a global professional services firm.

"[9] In June 2017, President Donald Trump cited statistics from a study by NERA in a speech announcing his plan to pull the United States out of the Paris Agreement.

[10] The study, which was prepared to measure the economic impact of hypothetical regulatory actions necessary to meet the goals of the Paris Agreement, was criticized for overestimating the costs of reducing greenhouse gas emissions.