NEWS

WIRES

OTHER

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.