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Impact Studies
"When Billions of dollars are at
stake, you can rely on Spectrum."
SPECTRUM CAPABILITIES
Our expertise emphasizes clear testimony on complex
economic issues in civil litigation, regulatory proceedings, legislation and
ballot initiatives. Spectrum combines technical expertise with sensitivity to
the regulatory, legislative, and judicial arenas in which public policies are
developed and decisions are rendered. We provide comprehensive economic
consulting, technical analysis, and expert testimony.
Spectrum professionals have played major roles in
litigation involving hundreds of millions of dollars. Spectrum's staff led the
analytic work that recovered almost $1 billion of bondholder money from the
WPPSS nuclear facility bond default. We have provided precedent-setting
testimony on assessing economic damages to start-up enterprises, recovering over
$60 million for Meris Laboratories alone.
Spectrum has analyzed the economic impacts of some of the
most significant policy initiatives in California's history, including the $30
billion proposed mandatory health insurance initiative (Proposition 166) in
1992. Spectrum staff also played an important role in unraveling the economic
implications of the proposed "Big Green" initiative in the 1990
California election.
Our experience and skills, coupled with our familiarity with policy issues at
the federal and state levels, enable Spectrum professionals to take a pragmatic,
business-oriented approach to solving highly complex problems. Whether it be
economic analysis, courtroom testimony, or public presentation, Spectrum
professionals possess the depth of experience and education to deliver effective
results. This goal-oriented approach has afforded Spectrum Economics unqualified
success in both the public and private arenas.
SPECTRUM EXPERIENCE
HEALTH STUDIES
- California HMO regulation legislation, 1997
$1 billion at stake
- California Prop. 214 & 216, HMO regulation, 1996
$10 billion at stake
Result: Victory for Spectrum's clients.
- California Prop. 186, Single Payer Health Initiative, 1994
$30 billion at stake
Result: Victory for Spectrum's clients.
- California Prop. 166, Mandatory Health Insurance, 1992
$10 billion at stake
Result: Victory for Spectrum's clients.
ENERGY STUDIES
- Impacts of Utility Entry into Air Conditioning Installation and Maintenance,
1998
$67 billion at stake
Result: Victory for Spectrum's clients.
- Impacts of Palo Alto Nuclear Free Zone Initiative, 1987
Result: Victory for Spectrum's clients.
ENVIRONMENTAL STUDIES
- Impact of California Air Resources Board On-Board Diagnostic Regulations,
1998
$40 billion at stake.
- Impact of Proposed South Coast Air Quality Management District New Source
Rules, 1990-91
- California Prop. 128 (Big Green Initiative), 1990
$50 billion at stake
Result: Victory for Spectrum's clients.
ECONOMIC STUDIES
- Impact of Proposed Living Wage on Los Angeles, 1997
- Impact of Repealing California's Prevailing Wage Laws, 1996
$1 billion at stake
- Impact of Proposed Proposition 211, Securities Litigation
$5 billion at stake
Result: Victory for Spectrum's clients.
SPECTRUM COST EFFECTIVENESS
- Spectrum studies are performed by senior professionals, not inexperienced
junior staff.
- With Spectrum's low overhead, Spectrum's senior professionals cost no
more than the junior staff at larger firms.
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