WEST PALM BEACH, Fla., Sept. 12, 2011 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that Acuity, an outsourced legal review and technology offering from the firm's FTI Technology practice, has been named to KMWorld magazine's Trend-Setting Product Award of 2011 list. KMWorld editors, industry analysts, vendors and knowledge management practitioners assessed more than 600 products and selected Acuity as one of the top solutions demonstrating clearly identifiable technology breakthroughs to serve clients.
"The e-discovery market is maturing, and more options are emerging for corporations to take control of their e-discovery," said Hugh McKellar, Editor-in-Chief of KMWorld magazine. "We selected Acuity as a trend-setting solution because it is at the vanguard of legal review and technology offerings, providing predictable pricing in one simple package for corporations and law firms."
As an all-in-one offering, Acuity simplifies the complex legal review process with one point of contact and accountability for the entire legal review, from processing to production. In addition to predictable pricing, Acuity dramatically reduces legal review costs through the use of advanced technology and innovative document review workflows that are guided by the client's counsel. These efficiencies help FTI Technology deliver on its vision to be the world leader in document review productivity.
"Acuity tackles the key e-discovery challenges plaguing legal teams — lack of predictable budgets, project management burdens and no accountability for the finished project," said Sophie Ross, a Senior Managing Director in the FTI Technology practice. "With Acuity, our clients realize significant budget savings, as well as peace of mind that they are not sacrificing quality for cost."
With Acuity, corporations and law firms can:
- Meet production deadlines and the expectations of counsel. Teams and workflow are designed and managed to meet deadlines and expectations.
- Stay within budget. With predictable pricing, all costs are approved by clients before the project begins.
- Focus on legal strategy. The Acuity team manages all aspects of the day-to-day review activities, including the technology, reviewers and workflow. Legal teams receive the relevant documents every night, as well as regular progress reports on project status. This enables clients to spend less time on project management and more time on case strategy.
"We're pleased that KMWorld recognizes Acuity as a trend-setting offering in e-discovery," said Manfred Gabriel, Managing Director in the FTI Technology practice. "As companies evaluate their e-discovery process and budget for inefficiencies, we're confident that Acuity stands out as the most cost-effective and high-quality approach to integrated legal review and e-discovery technology."
In addition to this award, the FTI Technology practice recently was included in the Leaders quadrant in Gartner Research's "Magic Quadrant for E-Discovery Software" report (Debra Logan and John Bace, May 13, 2011). Twenty-four software providers were evaluated in the report, the first Magic Quadrant published by Gartner on e-discovery software. A complimentary copy of the report is available at the FTI Technology website.
Additional information on Acuity, including an in-depth white paper and client case study webcast, is available at www.ftitechnology.com/acuity.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant and does not advise technology users to select only those vendors placed in the Leaders quadrant. The Magic Quadrant is intended solely as a research tool and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
KMWorld (www.kmworld.com) is the leading information provider serving the Knowledge Management systems market and covers the latest in Content, Document and Knowledge Management, informing more than 45,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc. (www.infotoday.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 3,700 employees located in 22 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. The company generated $1.4 billion in revenues during fiscal year 2010. More information can be found at www.fticonsulting.com.
Acuity is a registered trademark of FTI Technology LLC.
SOURCE FTI Consulting, Inc.