Compass Lexecon LLC

Compass Lexecon LLC, a subsidiary of FTI Consulting, Inc., provides expert witness services, economic consulting, and litigation support to federal enforcement and regulatory agencies exclusively as a prime contractor competing in the full-and-open federal marketplace with no set-aside designations. The firm is organized as a limited liability partnership headquartered in Bowie, Maryland, and operates under NAICS 541611 (All Other Professional, Scientific, and Technical Services) and PSC Support-Professional Expert Witness, with primary capability in antitrust economics, financial analysis, and regulatory litigation support.

Compass Lexecon's customer concentration is sharp and specialized. The Federal Trade Commission and the Internal Revenue Service dominate the recent award portfolio, accounting for 78% of awards combined — the FTC with 21 awards valued at $22.3 million in combined potential value and the IRS with 14 awards valued at $17.6 million. The Securities and Exchange Commission, the Civil Division of the Department of Justice, the Justice Management Division, and the Antitrust Division of the Department of Justice round out the active customer set, together representing 91% of combined potential value across all awards. This customer concentration reflects Compass Lexecon's specialization in federal enforcement and regulatory proceedings where independent economic and financial expert testimony carries material weight.

Recent representative work includes a $5.655 million labor-hours expert witness contract awarded by the IRS on September 15, 2026 (ultimate completion September 2031), a $2.725 million economics expert witness contract from the IRS on June 8, 2026, a $2.654 million FTC expert consultation and testimony contract awarded March 25, 2024, and a $1.575 million FTC expert services contract awarded May 30, 2026. Compass Lexecon operates exclusively as a prime contractor; the award portfolio contains zero sub-awards and zero subcontractor engagement. The firm places the majority of its work through definitive contracts rather than IDVs or other parent vehicles, with a single notable parent vehicle—a Department of Justice IDC (DJJ06C1396) carrying four task orders valued at $614 thousand combined.

Award activity has remained steady but modest in recent years—three to five awards annually from 2022 through 2026—with a combined potential value of $57.7 million across 68 prime awards. The firm holds $44.5 million in obligated dollars (77% of potential value), indicating consistent execution and obligation rates. Only two awards, combining $814 thousand in potential value, face ultimate completion within the next twenty-four months, presenting minimal recompete cliff risk.

SCI-reported invoiced revenue shows the constraint of this business model: Compass Lexecon invoiced $1.5 million in federal service contracts captured in SCI across fiscal years 2022–2025, with $901 thousand in FY2022 and declining to $44 thousand in FY2025. The SCI dataset records 0.6 FTEs in FY2022, 0.0 FTEs in FY2023, 0.3 FTEs in FY2024, and 0.0 FTEs in FY2025—indicating that most of Compass Lexecon's federal revenue is project-based expert testimony and litigation support rather than sustained staffing. On SCI-reportable federal services contracts, government-paid hourly rates for expert witness and economic consulting labor range from approximately $644 per hour at the 10th percentile to $810 per hour at the 90th percentile, with a median around $755 per hour—pricing consistent with senior economic and litigation expertise. The firm has zero sub-engagement across its prime contracts, delivering all work directly with no subcontractor hours reported.