Profile: LECG Corp (XPRT.PK)
4 Apr 2014
LECG Corporation (LECG) provides services through its experts and professional staff whose skills and qualifications provide the Company the opportunity to address complex, unstructured business and public policy problems. LECG delivers independent expert testimony and original authoritative studies in both adversarial and non-adversarial environments. It conducts economic, financial, accounting and statistical analyses to provide objective opinions and strategic advice to legislative, judicial, regulatory and business decision makers. Its skills include electronic discovery, forensic accounting, data collection, econometric modeling and other types of statistical analyses, report preparation and oral presentation at depositions. Its clients include law firms and local, state and federal governments and agencies in the United States and other countries throughout the world. On March 10, 2010, the Company completed its merger (which it refers to as the Merger) with SMART Business Holdings, Inc. (SMART), a provider of business advisory services.
The Company provides independent oral and written expert testimony on behalf of plaintiffs and defendants in trial, arbitration and mediation proceedings, as well as in matters before regulatory agencies and legislative bodies. It has testified worldwide on matters, such as antitrust policy, class certification, complex merger filings, contract damages, employment discrimination, damage quantification as well as on the valuation of a range of intellectual property assets, including patents, copyrights, trademarks, trade secrets and trade dress. LECG prepare and provide independent authoritative studies generally in connection with litigation; such as studies containing detailed economic, financial and statistical analyses. Authoritative studies are often commissioned in support of expert testimony or to analyze proposed regulations or legislation. Large amounts of information and data must often be assembled by staff in order to conduct these analyses. It also prepares expert studies that are used during arbitration and negotiation.
The Company's experts and professional staff provide independent strategic advice and expert consulting, particularly in industries with heavy regulatory oversight. This advice is usually provided to senior management and boards of directors of its clients. Its services include the analysis and evaluation of potential mergers and the integration of businesses, the economic analysis of prospective investments, securities litigation consulting, transfer pricing valuation, risk management analysis in connection with large insurance claims, the design of regulatory compliance systems and the management of intangible assets. It advises on regulatory strategy and on market design. In the finance area, it performs valuations of assets, including intellectual property, such as patents, trade secrets and trademarks. It provides advice regarding licensing and transfer pricing strategies and protocols.
LECG has provided expert services in the antitrust field. Many antitrust projects require special skills and, in many cases, experience with or exposure to approaches and methods used by the antitrust enforcement agencies. Antitrust issues increasingly involve other practice areas in the firm, such as regulatory design and intellectual property. Mergers involving large multinational corporations often require coordination across many of its offices worldwide.
As damages from business litigation become more complex, there is a need for expert advice based on advanced economic and financial analysis. Its practice in this area includes many professionals with a deep understanding of the application of advanced methodologies and techniques in economics, finance, accounting and statistics. An important element of this practice is assessing damages in securities litigation, as well as damage issues related to patent, copyright and trademark infringement and trade secret misappropriation. These issues can involve determinations of lost profits, damages and reasonable royalties.
The Company helps businesses and governments understand and address market and regulatory policies through the use of economic and financial analyses. Its insights, analyses, recommendations and presentations are used to respond to proposed policy changes, as well as initiate new policies that address strategic objectives. It offers an array of services in market and regulatory design ranging from testimony and guidance in front of regulatory commissions or legislative bodies, to the actual design and oversight of independent system administration in the electricity sector.
The Company performs statistical analyses and evaluates discrimination, wrongful termination and wage and hour claims. Its experts calculate economic loss and damages by analyzing employer statistics for potential disparities in hiring, layoffs, promotions, and pay and performance assessments. Its experts have advised on human resource management, benefits, collective bargaining and arbitration. It provides a global perspective, solid expertise and recognized credentials to its clients' intellectual property-related issues. LECG provides forensic accounting services in connection with complex commercial disputes and regulatory investigations. It gathers and analyzes voluminous financial data to uncover evidence, reconstruct complex financial transactions and events and identify potential liabilities or areas of fraud.
The Company’s electronic discovery experts work directly with outside counsel, general counsel and corporate executives to deliver objective advice in all phases of electronic discovery. Its electronic discovery services include: litigation readiness planning, electronic discovery consulting, litigation information management, data preservation, computer forensics, e-mail recovery and reconstruction, and transactional data analysis. It provides a scope of specialized accounting and tax services to clients, courts and law firms in connection with bankruptcy and reorganization matters, which include providing expert consulting to trustees, receivers, examiners, debtors, creditor committees, and secured creditors. It advises firms and government agencies in assessing the competitive implications of mergers and acquisitions.
The Company competes with CRA International, Inc., Navigant Consulting, Inc., National Economic Research Associates, Inc., FTI Consulting, Inc., Huron Consulting Group Inc.; BearingPoint, Accenture, Capgemini; Bain & Company, Booz Allen Hamilton and The Boston Consulting Group.
80 Lancaster Avenue
DEVON PA 19333