FTI Dominates Influential Socha-Gelbmann Survey as Corporations, Law Firms and Legal Service Providers Rank FTI as a Leader in 23 eDiscovery Categories
FTI Continues eDiscovery Software Leadership Position with Top Five Placements for both Attenex(R) Patterns(R) and Ringtail(R)
WEST PALM BEACH, Fla., Aug. 1 /PRNewswire-FirstCall/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced its recognition as a top provider of electronic discovery software and services in 23 categories of the 2007 Socha-Gelbmann Survey. The Attenex and FTI eDiscovery software offerings, well-established among corporations, law firms and global legal service providers, garnered 15 of the 23 placements. This is the third consecutive year Attenex has been highly ranked by the Socha-Gelbmann Survey and the second for FTI, the developer of Ringtail eDiscovery software, which recently acquired Attenex. The combination of FTI and Attenex is among the first mergers of two leading software developers in the eDiscovery and compliance market. Additional statistics and findings from the Socha-Gelbmann survey will be available in the August edition of Law Technology News.
"We are extremely pleased to once again be recognized by leading Fortune 500 corporations and AmLaw 200 law firms as a top choice for eDiscovery software and services," said David Remnitz, senior managing director and technology segment leader for FTI Technology. "The combined software products of FTI and Attenex, along with the unparalleled expertise of our consultants and global partner network, continue to set the standard for eDiscovery."
Attenex Patterns and Ringtail both have a proven track record of dramatically reducing the cost and risk of eDiscovery for Fortune 500 corporations and their law firms. This success has led to recognition in 15 different software categories, including top five eDiscovery software providers, top five eDiscovery software providers for corporations, and top five eDiscovery software providers for law firms. Additionally, one or both of the FTI offerings was recognized as a top five software for the processing, review, analysis and production of electronically stored information (ESI). FTI's consulting group was recognized in eight categories, including as a top five eDiscovery service provider and a top service provider to corporations and law firms.
"The results of our 2008 survey show FTI's solid position at the top of an elite cadre of companies offering eDiscovery technology products and services," said George Socha, founder of Socha Consulting LLC. "Our rankings are based on a detailed, independent model containing more than 350 qualitative and quantitative factors applied to 107 different providers."
A number of Attenex Advantage(TM) Partners were also recognized as top service providers in the Socha-Gelbmann survey results. The survey results come on the heels of the annual Attenex Advantage Partner Conference in Seattle, in which more than a dozen partners were recognized for processing and/or reviewing as many as 10 terabytes of data from July 2007 to July 2008.
The annual Socha-Gelbmann Electronic Discovery Survey, developed by eDiscovery pioneers George Socha and Tom Gelbmann, provides the most comprehensive view into the emerging and rapidly expanding eDiscovery marketplace. The survey comprises data from 115 organizations on the forefront of eDiscovery, including leading law firms and Fortune 1000 inside counsel. For more information on the 2008 Socha-Gelbmann Electronic Discovery Survey, or to purchase a copy, please contact George Socha at www.sochaconsulting.com or Tom Gelbmann at http://www.gelbmann.biz/.
About Attenex(R) Patterns(R)
Attenex Patterns software is changing the way corporations manage eDiscovery. As an open software platform, Attenex enables corporations and their law firms to establish standardized eDiscovery processes that reduce the risk, complexity and cost of litigation, regulatory requests and internal investigations. Whether deployed on-premise or as a hosted service through the industry's largest network of global service providers, Attenex Patterns software provides corporations with control of eDiscovery and the flexibility to choose the best solution for their needs. More information is available at www.Attenex.com.
The Ringtail(R) platform from FTI Consulting, Inc., the global business advisory firm, delivers substantial time and cost savings to lawyers and investigators working on large, complex matters. The Web-based platform scales to handle hundreds of users, thousands of cases and millions of documents in over 200 languages. Available On-Premise and On-Demand, the Ringtail platform is used by the largest corporations, law firms, and government agencies in the world. For more information, please visit www.ftiringtail.com.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,000 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
FTI, FTI Consulting, Ringtail, Attenex(R), Patterns(R), and the Attenex logo are registered trademarks of FTI Consulting, Inc. Attenex Advantage(TM) is also a trademark of FTI Consulting, Inc.
All other trademarks are the property of their respective owners.
SOURCE FTI Consulting, Inc.
CONTACT: Jack Dunn, President & CEO, +1-410-951-4800, or Kate Holmes, +1-206-373-6521, both of FTI Consulting; or Investors, Gordon McCoun, or Media, Andy Maas, both of FD, +1-212-850-5600