Forensics and Litigation Consulting Counters Market Trends
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PETERBOROUGH, NH, Sep 05 (MARKET WIRE) --
The current economic slowdown is spurring more demand for Forensics and
Litigation consulting services according to Kennedy Information, a
consulting market research firm. Recessed economic cycles often create
additional financial pressures to deliver positive financial performance.
Fraudulent activity -- actual or apparent -- tends to increase during
these times, which in turn leads to a greater need for fraud-detection
and prevention advisory services.
Kennedy's analysis confirms this trend as demand for Forensics and
Litigation consulting is growing at twice the overall consulting market
rate in North America.
Additional findings identify that pricing for some Forensics and
Litigation services can be relatively steep given the significant
specialization and criticality of success. According to Tom Rodenhauser,
Vice President of Consulting Research for Kennedy, "Pricing for reactive
F&L services is particularly inelastic. There are few issues more
compelling than financial or reputational risk. In these types of cases,
project funding is not a concern."
"Forensics and Litigation Consulting Marketplace 2008-2011: Key Trends,
Profiles and Forecasts" defines and analyzes the state of consulting
services in demand as a result of regulatory change, business malfeasance,
and other high-stakes risk and legal issues. Kennedy's newest research in
this expanding service area uncovers the relative positions of leading
Forensics and Litigation advisory providers, and profiles notable
practices with detailed capabilities assessments.
The Forensics and Advisory consulting practices profiled in this research
include: BDO Consulting, CRA International, Crowe Chizek and Company,
Deloitte, Duff & Phelps, Ernst & Young, Exponent, First Advantage, FTI
Consulting, Grant Thornton, Huron Consulting Group, IBM, Jefferson Wells,
KPMG, Kroll, LECG, Navigant Consulting, NERA Economic Consulting,
PricewaterhouseCoopers, Protiviti, and RSM McGladrey.
About Kennedy Information
Since 1970, Kennedy Information has been the world's leading source of
market analysis on the Management Consulting and IT Consulting industries.
Kennedy provides accurate and reliable market sizing and forecasts for
consulting services world-wide, needs-analysis and vendor profiling for
buyers of consulting services, timely and insightful intelligence on the
top consulting firms in their respective markets, and operational
benchmarks that measure consulting performance. Kennedy's research spans
multiple service areas, client vertical industries, and geographies.
Kennedy's stand-alone consulting advisory unit, Kennedy Information
Advisors, provides results-oriented strategic guidance to buyers and
sellers of consulting services.
Kennedy's clientele consists of the most highly regarded professional
firms and Fortune 500 companies in the world.
Contact:
Tom Rodenhauser
Vice President, Consulting Research and Advisory
Kennedy Information
888.259.1500 / +1.603.924.6390 ext. 612
Copyright 2008, Market Wire, All rights reserved.
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