Huron Consulting Group (NASDAQ: HURN), a leading provider of financial and operational consulting services, today announced the upcoming launch of the Company’s litigation support initiative V3locity™, an unprecedented predictable fixed per page priced e-discovery service encompassing processing, hosting, review and production services. V3locity (pronounced “velocity”) will save clients up to 60 percent in costs compared to similar e-discovery services.
“For law firms and the office of general counsels, e-discovery has become a trying and inefficient process. Legal departments often face unpredictable costs, rely on multiple vendors and can wait months before seeing results,” said Gary E. Holdren, chairman and chief executive officer, Huron Consulting Group. “Our new V3locity solution offers clients unmatched value, not just in cost savings but in overall service, quality and accuracy. V3locity gives our clients a competitive advantage in litigation matters, investigations and second request/regulatory reviews.”
Huron developed V3locity in response to market demand for process efficiency and cost predictability. V3locity offers law firms, corporate legal departments and government agencies a streamlined approach that combines cost savings, high speed, new technology, and experts working from six Document Review Centers around the country and in India. V3locity will deliver an unprecedented service in a business environment that has traditionally been characterized by high fees and unpredictable timeframes. V3locity’s guaranteed per page pricing structure and highly accurate analysis mark it as another strategic addition to Huron’s rapidly growing Legal Consulting business.
“Huron’s Legal Consulting business has experienced tremendous growth in the past five years,” said Holdren. “This growth is largely due to our commitment to leading our industry through innovation and knowing and addressing the challenges that our clients face. This commitment is obvious with the upcoming launch of V3locity, as it will revolutionize review and analysis in large scale litigation or corporate document production situations.”
V3locity™ officially launches January 30, 2008. For more information, visit www.huronconsultinggroup.com/V3locity.
About Huron Consulting Group
Huron Consulting Group helps clients effectively address complex challenges that arise in litigation, disputes, investigations, regulatory compliance, procurement, financial distress and other sources of significant conflict or change. The Company also helps clients deliver superior customer and capital market performance through integrated strategic, operational and organizational change. Huron provides services to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
Contacts:
Jennifer Frost Hennagir
312-880-3260
jfrost-hennagir@huronconsultinggroup.com
