LECG Corp (NASDAQ:XPRT)

LECG Corporation provides expert services with over 1000 experts and professionals in 36 offices around the world. Its offering includes economic and financial analysis, expert testimony, litigation support, and strategic management consulting to a range of public and private enterprises, through factual and statistical analyses, report preparation and presentation, electronic discovery and data collection, and forensic accounting. With 95% of the revenues are contributed through expert and professional staff, the remaining are contributed by performance based expert revenues and reimbursement expenses.

The services of independent expert professionals is required by every businesses, courts, arbitration panels, regulatory and legislative bodies and companies to resolve the disputes that are arising through changes in business environment. This augurs well for the company, who provides expert and professional services across all sectors.

In May 2006, the company acquired BMB Mack Barclay Inc, a privately held expert services firm. The professionals at Mack Barclay, with expertise in complex economic and accountancy issues in the business and litigation environments, will enhance LECG Corporation’s core service offerings, particularly in the areas of valuation, damages analysis, forensic accounting, electronic discovery, and intellectual property.

Also, the company is constantly adding new professionals to its expert team to support its growth in different sectors. Driven by improving the management of some of emerging practice areas, strengthening of legacy practices and pursuing disciplined infrastructure investments; the management expects strong 15%-18% growth in top-line and 21%-30% growth in earnings. Considering the above factors, long-term investors should feel free to take exposure in LECG Corporation.