$2.92
-0.03 (-1.02%)
LECG Corp (XPRT)
CAPS Rating:
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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This is a very interesting company with a very progressive management philosophy. Their Achilles Heel is how to maximize staff retention. They do this by a combination of letting their experts keep a higher percentage of billable costs and decentralizing management control, by letting their associates make most of the calls. They also like to snag small, quality private outfits and roll them into the company. I'm impressed enough to buy it in CAPS and continue my studies. Service organizations, if done right, can be cash flow machines.