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Compass Lexecon Adds Valuation Expert Faten Sabry as Senior Managing Director
Newsfilter· 2025-04-21 11:30
Core Insights - Compass Lexecon has appointed Dr. Faten Sabry as a Senior Managing Director, enhancing its expertise in valuation and litigation support [1][5] Company Overview - Compass Lexecon is a leading global economic consulting firm that provides critical insights to law firms, corporate clients, and government entities in various legal and regulatory matters [6] - The firm has a global team of over 700 professionals specializing in areas such as antitrust, bankruptcy, derivatives, international arbitration, and financial analysis [5] Expertise and Experience - Dr. Sabry has extensive experience in the valuation of fixed income securities, derivatives, illiquid assets, and litigation settlements [2] - She has provided expert testimony in various courts, including U.S. state and federal courts, the UK High Court, and Canadian courts, covering issues from class certification to econometric modeling [3] - Dr. Sabry's research has been published in several reputable journals, focusing on topics such as LIBOR, cryptocurrencies, subprime lending, and the economics of securitization [4] Recent Developments - Dr. Sabry's appointment follows the addition of 20 experts and economists to Compass Lexecon in the past six months, indicating the firm's growth and commitment to expanding its capabilities [5]
Competition and Digital Platforms Expert Economist Professor Julian Wright Affiliates with Compass Lexecon
Newsfilter· 2025-04-08 11:30
Core Insights - Compass Lexecon has announced the affiliation of Professor Julian Wright, enhancing its academic credentials and expertise in various economic fields [1][2][6] Company Overview - Compass Lexecon is a global economic consulting firm with over 700 employees, focusing on antitrust, competition, healthcare, securities, financial markets, and valuation practices [2][6] - FTI Consulting, the parent company of Compass Lexecon, operates in 34 countries with more than 8,300 employees and generated $3.69 billion in revenues during fiscal year 2024 [7] Professor Julian Wright's Expertise - Professor Wright specializes in the economics of digital platforms, competition policy, and strategy, with interests in marketplaces, app stores, booking platforms, search platforms, and payment platforms [3] - His recent research includes strategy and competition policy issues related to data and artificial intelligence [3] - He has served as an expert witness and consultant for regulatory authorities and commercial entities, particularly in digital marketplaces and payment schemes [5] Academic Contributions - Professor Wright has been a Co-Editor of the International Journal of Industrial Organization since 2019 and has published in leading academic journals such as the American Economic Review and the Quarterly Journal of Economics [4]
FTI Consulting to Release First Quarter 2025 Results and Host Conference Call
Newsfilter· 2025-04-03 11:30
Core Viewpoint - FTI Consulting, Inc. will release its financial results for Q1 2025 on April 24, 2025, before the New York market opens, followed by a conference call to discuss these results [1]. Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, employing over 8,300 individuals across 34 countries and territories as of December 31, 2024 [3]. - The company reported revenues of $3.70 billion for the fiscal year 2024 [3]. Conference Call Details - The conference call discussing the financial results will take place on April 24, 2025, at 9:00 a.m. Eastern Time and will be hosted by senior management [1]. - The call will be available for live streaming on the company's investor relations website, with a replay accessible for 90 days [2].
Compass Lexecon Further Enhances Leading Academic Expertise
Newsfilter· 2025-04-02 11:30
Twenty Academic Affiliates Have Joined Compass Lexecon in the Past Six Months Affiliates Bring Prior Experience at Government Agencies Including the FTC, FCC and SEC Deep Expertise in a Wide Range of Areas, Including Merger Policy, Healthcare, AI, Finance, Venture Capital, Technology, Network Industries and Telecommunications WASHINGTON, April 02, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced that in the past six months 20 academic affiliates have joined its Compass Lexecon subsid ...
FTI Consulting Continues Investment in Healthcare & Human Services Industry Practice in Australia with Seven Hires
Newsfilter· 2025-03-31 23:00
Core Insights - FTI Consulting has appointed six Senior Managing Directors and one Managing Director in its Healthcare & Human Services industry practice in Australia, enhancing its position as the only independent advisory team with national scale and global capabilities [1][2] Group 1: Appointments and Team Expansion - The new appointments include Tricia Tebbutt, John Forsythe, Chris Mason, Luke Mitchell, Adam Norden, Rowan Strain, and Daniel Buzacott, increasing the healthcare team to a total of 28 professionals [2] - The Healthcare & Human Services practice was launched in February 2025, with the addition of Senior Managing Directors Nathan Schlesinger and Nicki Doyle, along with six Managing Directors [2] Group 2: Strategic Focus and Expertise - The practice aims to support clients in key areas such as system reform, sustainability, operations transformation, and digitization, leveraging the expertise of experienced leaders and subject-matter experts [3] - The team is designed to address pressing challenges and opportunities in the healthcare sector, ensuring successful change and real outcomes for clients [4] Group 3: Individual Expertise of New Appointees - Tricia Tebbutt has over 25 years of experience in healthcare operations improvement and clinical service redesign, with expertise in strategic planning and health infrastructure [4] - John Forsythe will lead the Digital Health practice, focusing on clinical systems implementations, particularly electronic medical records, with over 20 years of industry experience [5] - Chris Mason specializes in hospital operations and has over 14 years of experience in transforming health services in Australia and the UK [6] - Luke Mitchell brings over 20 years of experience in health and aged care strategy, policy, and digital health projects [7] - Adam Norden has over 25 years of management experience, focusing on strategy, policy, and governance in both private and public sectors [8] - Rowan Strain has over 18 years of experience in leading digital transformations for healthcare providers and government agencies [9] - Daniel Buzacott specializes in data analytics with over 15 years in the health sector, focusing on complex cost modeling and workforce analytics [10] Group 4: Company Overview - FTI Consulting is a leading global expert firm for organizations facing crisis and transformation, with over 8,300 employees in 34 countries and territories as of December 31, 2024 [11] - The company generated $3.69 billion in revenues during fiscal year 2024 [11]
FTI Consulting Announces Election of Eric Steigerwalt and Janet Zelenka as Independent Directors
Newsfilter· 2025-03-31 11:30
Core Insights - FTI Consulting, Inc. has expanded its Board of Directors by electing Eric T. Steigerwalt and Janet H. Zelenka as independent directors, increasing the board size from nine to eleven members [1] Group 1: New Board Members - Eric T. Steigerwalt, age 63, is the President and CEO of Brighthouse Financial, a major provider of annuities and life insurance in the U.S. [2] - Janet H. Zelenka, age 66, is the former Executive Vice President, CFO, and CIO of Stericycle, a company specializing in regulated medical waste disposal, which was acquired by WM in November 2024 [2][3] Group 2: Board Member Expertise - Mr. Steigerwalt brings extensive experience in operations, finance, and corporate culture, having held multiple senior roles at MetLife prior to his current position [3] - Ms. Zelenka has significant expertise in finance, IT, cybersecurity, governance, and corporate ethics, along with her experience as Audit Committee Chair on the boards of two private companies [5][6] Group 3: Company Overview - FTI Consulting is a leading global expert firm with over 8,300 employees across 34 countries, generating $3.69 billion in revenues during fiscal year 2024 [6]
Majority of General Counsel Indicate Openness to Using AI in Nearly Every Major Legal Use Case, According to The General Counsel Report
Newsfilter· 2025-03-26 11:30
WASHINGTON, March 26, 2025 (GLOBE NEWSWIRE) -- More than two-thirds of general counsel have expressed interest in using generative artificial intelligence within the legal department, according to part two of The General Counsel Report 2025 from FTI Consulting, Inc. (NYSE:FCN) and global legal technology company Relativity. Alongside growing interest in AI within legal, approximately 65% of legal departments plan to invest in new technology in the year ahead, and 30% of that group have generative AI on thei ...
FTI Technology Launches IQ.AI for Review to Accelerate High-Stakes Discovery and Investigations
GlobeNewswire· 2025-03-25 11:30
Core Insights - FTI Consulting has launched new capabilities within its IQ.AI by FTI Technology suite, aimed at enhancing document review processes in legal and regulatory matters [1][5] - The new IQ.AI for Review tool is designed to provide cost savings and accelerate timelines across the document review lifecycle, including first pass review and quality control [1][3] Company Developments - FTI Technology has deployed IQ.AI for Review globally, facilitating faster and more insightful first-level review workflows compared to other AI solutions [2][3] - The capabilities include optimizing privilege classification, generating key document summaries, and identifying personally identifiable information, thus transforming the document review phase into a strategic advantage [3][4] Technology and Innovation - IQ.AI combines workflows, services, and expertise with custom-developed tools, utilizing large language models and technologies from Microsoft Azure and AWS Bedrock [4][7] - New updates to IQ.AI include features for emerging data sources, enrichment of complex data types, and contract review methodologies, enhancing the overall efficiency of data processing [6][7] Market Engagement - FTI Technology will host an IQ.AI Experience Zone during Legalweek New York, allowing clients to test generative AI solutions and consult with data science teams [8] - The company emphasizes its commitment to innovation and client needs through ongoing investments in AI technology and expert-led solutions [7] Company Overview - FTI Consulting is a leading global expert firm with over 8,300 employees and generated $3.69 billion in revenues during fiscal year 2024 [9]
Antitrust and Industrial Organization Expert Matthew Backus Affiliates with Compass Lexecon
Newsfilter· 2025-03-20 11:30
Core Insights - FTI Consulting, Inc. announced the affiliation of Dr. Matthew Backus with its Compass Lexecon subsidiary, enhancing its expertise in economic analysis [1][4] Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, with over 8,300 employees across 34 countries and territories as of December 31, 2024 [5] - The company generated revenues of $3.69 billion during the fiscal year 2024 [5] Expertise and Contributions - Dr. Backus is an expert in antitrust, microeconomics, and industrial organization, with a focus on antitrust, auctions, bargaining, communication, and productivity [2] - His academic work has been published in prestigious journals such as Econometrica, The Quarterly Journal of Economics, and The Journal of Political Economy [3] - Dr. Backus is affiliated with the National Bureau of Economic Research and the Centre for Economic and Policy Research, supported by grants from the National Science Foundation and the Alfred P. Sloan Foundation [4] Strategic Importance - The addition of Dr. Backus to Compass Lexecon is expected to enhance the firm's ability to provide rigorous economic analysis to clients navigating increasingly complex markets [5]
FTI Consulting's Technology Segment Adds Data Privacy and Information Governance Expert
Newsfilter· 2025-03-19 11:30
WASHINGTON, March 19, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced the appointment of Steven Stein as a Senior Managing Director within the Technology segment's Information Governance, Privacy & Security practice in North America. Mr. Stein, who is based in Chicago, brings a wealth of experience in data privacy and information governance leadership to his role. He develops and implements data risk and compliance programs for clients across industries including financial services, ...