Global Arbitration Review Recognizes FTI Consulting and Compass Lexecon as Top 2 Firms on 2021 Expert Witness Power Index Rankings

Rhea-AI Summary

On August 2, 2021, FTI Consulting (NYSE: FCN) was recognized by Global Arbitration Review as a leading expert witness firm, ranking first overall, with its subsidiary Compass Lexecon coming in second. The analysis highlighted FTI's significant presence, reporting 223 experts attending hearings between August 2018 and August 2020. FTI also led in construction-related arbitrations with 88 cases, while Compass Lexecon topped in investor-state hearings with 39. The recognition indicates strong reputational authority in the arbitration sector.

Positive

• Ranked first overall in the GAR 100 Expert Witness Firms’ Power Index.
• Reported 223 experts attending hearings, significantly higher than competitors.
• Led in construction-related arbitrations with 88 cases.
• Compass Lexecon ranked second and excelled in investor-state hearings with 39.

Negative

• None.

WASHINGTON, Aug. 02, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that Global Arbitration Review (“GAR”) has recognized the Company and its Compass Lexecon subsidiary as top expert witness firms in its annual GAR 100 Expert Witness Firms’ Power Index.

FTI Consulting ranked first overall, and Compass Lexecon ranked second. FTI Consulting and Compass Lexecon had a combined 23 Thought Leaders, experts who placed in the top 2% of Who’s Who Legal research. The next closest firm had six Thought Leaders.

According to GAR’s analysis, FTI Consulting had 223 experts attend hearings between August 2018 and August 2020, almost three times the next firm. FTI Consulting had the most construction-related arbitrations of any firm, with 88. Compass Lexecon led all firms in investor-state hearings, with 39.

In a new table in the 2021 analysis, GAR reexamined the Power Index without construction-related work to determine how the lack of construction hearings would impact the rankings. Using this criteria, Compass Lexecon topped the list, and FTI Consulting ranked second.

The Power Index ranks expert witnesses by evaluating the volume and value of two years’ worth of hearings, and reputational clout based on peer-reviewed surveys from Who’s Who Legal. Data is provided by expert-witness firms.

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 6,400 employees located in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.46 billion in revenues during fiscal year 2020. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com

 

FAQ

What recognition did FTI Consulting receive in 2021?

FTI Consulting was recognized as the top expert witness firm by Global Arbitration Review in its annual Power Index.

How did FTI Consulting perform compared to its competitors?

FTI Consulting ranked first overall with 223 experts attending hearings, while Compass Lexecon ranked second.

What were FTI Consulting's achievements in arbitration?

FTI Consulting led with 88 construction-related arbitrations and Compass Lexecon led investor-state hearings with 39.

What is the significance of the GAR 100 Expert Witness Firms’ Power Index?

It ranks expert witnesses based on hearing volume, value, and reputational clout from peer-reviewed surveys.