The Company provides expert services, including economic and financial analysis, expert testimony, litigation support and strategic management consulting to a broad range of public and private enterprises.
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LECG competes successfully in a segment that occupies only a few really top-notch firms. I worked at one of these such firms in Chicago and I am familiar with the general principles behind how they run their operations. I can assure you one thing if you invest in this company--the money will be managed wisely. These are some of the finest financials minds on earth and their advice is sought when giant companies find themselves involved in legal battles for giant sums of money. They are the 800lb gorillas. They know their stuff and have no tolerance for shoddy financial practices and analyses. Their success depends on them running a tighter ship than the other guy, and that applies as much to the management of their own firm as it does to their financial analyses. Expect steady, consisitant and prudent growth for the next several years. LECG's greatest challenge is trying to keep their best people (a challenge all these firms face), and management likely sees the stock and it's continued growth in value as one their best incentives for professionals to stick around.