Monday, September 18, 2006

Techbooks Acquires Whitmont Legal Technologies, Inc.

FALLS CHURCH, Va., Sept. 18 /PRNewswire/ -- Techbooks, Inc., a global leader in integrated content transformation solutions, has signed an agreement to acquire Whitmont Legal Technologies, Inc. (Whitmont), a leading litigation support and eDiscovery services company. This purchase places Techbooks squarely in the rapidly growing market for electronic data discovery (EDD) services driven by the move toward outsourced legal services. The EDD market alone is estimated to be growing at a compounded annual rate of 50% and is expected to reach $2.9B in 2007, according to the 2005 Socha-Gelbmann Electronic Discovery Survey.

Techbooks purchased Whitmont's assets to strengthen its content transformation solutions and expand its domain expertise into the outsourced legal services market. Techbooks will continue to serve Whitmont customers while extending the applications of its technology to other markets of focus including academic, media content, and corporate publishing, among others.

FTI Consulting to Offer $215M in Debt

BALTIMORE (AP) -- FTI Consulting Inc., a provider of forensic accounting and litigation support services, on Monday said it plans to sell $215 million worth of debt to institutional investors.
The senior notes mature in 2016.

The company said it intends to use proceeds from the sale to partly finance the $260 million acquisition of FD International Ltd. that it announced earlier this month.

Discovery Law Announces Partnership with ImageDepot to Provide Litigation Document Management Solution

Houston, TX (PRWEB) September 18, 2006 -- Discovery Law, an emerging leader in the US wholesale litigation support services market, today announced that it has formed a partnership with ImageDepot to provide a custom branded Internet-based litigation document repository management solution for its national service bureau alliance network.

Discovery Law, an emerging leader in the US wholesale litigation services market plans to provide ImageDepot to its national service bureau network of over 20 alliance members serving 92 locations across the US and Canada.

Wednesday, September 13, 2006

Legal Professionals Prepare to Meet at Legal IQ's 2nd E Discovery Conference

NEW YORK, Sept. 12 /PRNewswire/ -- On Monday, September 18, legal professionals will gather to discuss the laws of E Discovery during Legal IQ's 2nd E Discovery Conference taking place at Bridgewater's in New York. There are four dynamic pre-conference workshops with leading legal professionals leading discussions. These include:
E Discovery in 2006 and Beyond: Impact on Attorneys, Clients, and Judges of Proposed E Discovery Amendments to the Federal Rules of Civil Procedure

Bowne Announces Sale of DecisionQuest

NEW YORK, NY--(MARKET WIRE)--Sep 12, 2006 -- Bowne & Co., Inc. (NYSE:BNE - News) today announced the sale of DecisionQuest® to employees of DecisionQuest for $10 million.
DecisionQuest, one of the nation's leading trial consulting firms, specializes in jury research, demonstrative exhibits, jury selection, courtroom technology and strategic communications.

"This transaction, combined with the previous sale of the CaseSoft and electronic discovery businesses within our Litigation Solutions unit, continues our strategy to focus on growing our core businesses of financial and marketing and business communications," said David J. Shea, President and Chief Operating Officer of Bowne.

Tuesday, September 12, 2006

FTI steps up pace of growth

The company announced yesterday that it agreed to acquire London-based FD International Ltd., a financial public relations firm better known as Financial Dynamics, for $260 million. With a roster of more than 750 clients, including Heineken, Vodafone and Novartis, Financial Dynamics adds 450 employees at 17 offices in Europe, Asia, the Middle East, South Africa and the United States.

For 2006, Financial Dynamics is on track to reap $120 million in revenue. It is FTI's second consecutive acquisition of a firm headquartered outside of the United States. In July, it bought International Risk Limited, based in Hong Kong.

DocuLex, Inc. and Rosen Technology Resources, Inc. Announce Joint Integration Between ALCoder™ and Discovery Cracker

Chicago, IL (PRWEB) September 11, 2006 -- DocuLex, Inc., leading the industry in document imaging, management and electronic discovery for service bureaus and legal departments, and Rosen Technology Resources, a leading litigation support consulting company, are pleased to announce joint integration with Rosen Technology Resources’ ALCoder™ software and DocuLex Discovery Cracker. "Designed specifically for Electronic Discovery, DocuLex Discovery Cracker is a powerful application that captures all forms of electronic files, then converts them to industry standard image files, plus generates an associated index including full text and metadata. Users of Discovery Cracker and ALCoder will now be able to generate document coding from electronic documents for fast indexing, hybrid coding, and duplicate identification" states Tim Nissen, Director of Marketing of DocuLex.

Sunday, September 10, 2006

O'Brien & Levine Court Reporting Expands With Acquisition of Springfield Firm

BOSTON--(BUSINESS WIRE)--Sept. 8, 2006--O'Brien & Levine Court Reporting today announced that it has acquired Liberty Legal Resources, based in Springfield, Mass., broadening its coverage throughout New England and offering attorneys a neutral setting for depositions in the region.

2006 Socha-Gelbmann Electronic Discovery Survey Report

The overview results of the 2006 Socha-Gelbmann Electronic Discovery Survey Report are available here in summary form.

Market Size and Growth -
Our survey covered the 2005 calendar year. Based on our research, we estimate that 2005 commercial electronic discovery revenues were in the range of $1,295 million - up 56% from 2004: