Regulations cost businesses money in terms of both compliance and frictional costs to adjust business models to new government-imposed operating environments. Clark Hill Public Strategies understands the nexus of public policy, regulation making, and compliance costs. Our firm can develop regulatory cost models that can demonstrate to the government what a certain regulation would, or would not do, to an industry or economy.
Every country in the world has thousands of rules, regulations, and items that need to be complied with – this often goes beyond what the law says. Therefore, it is critically important for clients to have an advisor that understands the public policy dynamics of regulations, but also the quantitive economic impact of regulations.
Our firm can generate credible independent economic and financial models that demonstrate the cost burden (or benefit) that government regulations may or may not impose. Regulatory cost analysis reports can be a useful tool in conversations with public policy makers, or the general public at large.