CONGRATULATIONS CLASS OF 2021 ECONOMICS MAJORS!  ENJOY YOUR DIGITAL CEREMONY!

Andrew Dailey

Background:
Andrew graduated 2013 with a major in economics (concentrating in international economics)
and a minor in history. Coming into his 4th year, he had an accounting-related internship and
was interested in data analysis and the healthcare sector, but did not know what he wanted to
do beyond that. He talked to roommates and friends who were interested in consulting to get
more information, which eventually led to his recruitment by FTI. Andrew is now a director at
FTI, specializes in forensic and litigation consulting for healthcare clients.

Questions:
Can you tell us about why you became interested in FTI, and why you stayed with them?

"I was interested in consulting bc it gave me the opportunity to work with a variety of projects at
the same time. The accounting internship was boring for me since the days were too similar.
Not only clients, but roles differ day from day in consulting, especially with FTI; for example, I
worked with pharmaceutical groups, insurance companies, hospitals, law firms in my first year,
and this diversity has continued."

What is econ/lit consulting?

"What I do can be used interchangeably with 'forensic litigation consulting.' Usually, a 3rd
party law firm who represents some sort of client who’s in a stressful situation will come to us,
and they want us to come in to do some damage analysis and data support to give them the
info to provide a favorable outcome for the client. Sometimes we work with just the legal team,
and sometimes we work with a combo of the legal team and the client. Additionally, we work
with valuation and private equity firms sometimes."

How do you think your education has helped you?

There are two main ways econ degree has helped. The first was developing my knowledge of
statistics, which is used a lot in my occupation. The second was giving me some basic
experience with coding, since many econ classes at UVA use stata.
What advice do you have for people trying to go into consulting?
Get some experience writing. Maybe take some English classes at UVA. The ability to
summarize info is very important; in typical consulting cases, you’ll have to contribute some
writing to a report to the third-party. Also, improve your oral communication skills; learn how to
do public speaking for example.

What did you start out doing at FTI? How do roles change as you move up?

I started in health solutions, and I’ve stayed in there since then. My responsibilities have
gradually shifted from being data analytics and writing-focused to a more client-facing role.
Over time, as you get more experience, you will have more contact with the managers, and
more will be expected from you. You will also take on administrative duties. You’re expected
to become more of a leader after a while.
What do you like most about your daily work?
We are a very collaborative group at FTI; the working environment is not cutthroat (most other
small economic firms will probably have a similar culture). Managers are always open to
answering questions and providing help. We also have daily discussions about our lives
outside of work! Everyone supports each other, and I love having hat sort of environment
around me day to day. I also like the variety of projects I work on, which I’ve touched on
before.

What do you find challenging?

Time management is a big issue. Nobody’s perfect at it at the beginning. You will learn when to talk and ask for help as you gain experience.
The deadlines in litigation consulting are usually a bit stricter than deadlines for regular management consulting, because of our legal- focused work.