NEW YORK, July 27, 2016 /PRNewswire/ -- Precision Discovery, Inc. proudly celebrates the third anniversary of its employee ownership. In 2012, Precision began sharing ownership with employees through its Employee Stock Ownership Plan (ESOP). Precision Discovery's management is steadfast in this commitment to all of its employees.
"We firmly believe that the ESOP creates a pride in ownership for every employee," said Jerry Barbanel, Precision's President and CEO. "As owners, we all feel strongly about delivering an exceptional customer experience. This commitment to customer success is embodied in every single Precision employee, because each is an owner of the company. We know that our clients' success drives our success."
About Precision Discovery's ESOP Precision Discovery's employees own 100% of the Company through an ESOP, an employee-owner benefit program that provides our workforce with an ownership interest in the company.
According to the National ESOP Association, there are over 10,000 ESOPs in place in the United States, covering more than 10.3 million employee owners. Precision Discovery offers the only ESOP in the eDiscovery market.
About Precision Discovery Founded in 2008, Precision Discovery is a leading provider of end-to-end discovery and consulting services. We combine an unparalleled team of legal and technology experts, industry-leading and proprietary technologies, and a collaborative and consultative approach, to reduce costs and give our clients an edge in every discovery matter. Precision Discovery helps corporations and law firms create and implement a proactive, sustainable, efficient and defensible eDiscovery plan. For more information about Precision Discovery, please visit www.precisiondiscovery.com.