Published:
Forensics and Litigation Consulting Counters Market Trends

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.
Copyright © 2009, MarketWire
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Copyright © 2009, NewsBlaze,
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