Richard Hern

Richard Hern

Managing Director, NERA Economic Consulting
[email protected]

Dr Hern is a Managing Director at NERA Economic Consulting and a member of NERA’s Board of Directors. He has over 23 years of experience as an economist and quantum damages expert in private sector consulting and has worked in countries throughout the Middle East, Europe, North America, Asia, and Latin America.

Dr Hern has prepared expert testimony on a wide range of economic and finance issues, including assessment and quantification of damages, valuations of business at different stages of development, valuation of assets in the context of political intervention, contract disputes, and disputes involving regulation of concessions and large infrastructure assets. His work in both commercial and investor-state disputes encompasses a wide range of industries, including energy, oil refinery, telecommunications, manufacturing, distribution, utilities, shipping services, air travel, and transport infrastructure. Dr Hern has appeared as an expert witness before a number of panels, arbitrators, and tribunals including ICSID, PCA, ICC, High Courts, and the UK Competition Commission.

Dr Hern has been identified as a leading expert in Who’s Who Legal: Arbitration and Consulting Experts – Quantum of Damages, where he is described by his clients as “a highly sought-after and ‘very effective’ expert who excels at providing quantum assessment in dispute proceedings.”

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