FTI Consulting Announces Technology Alliance with iManage
Rhea-AI Summary
FTI Consulting's Technology segment has formed a teaming agreement with iManage to enhance its Corporate Legal Operations practice. The alliance aims to provide cloud-based solutions for legal department and law firm knowledge work challenges. Through this collaboration, FTI Technology will help clients implement knowledge management and collaboration workflows to improve operational efficiency.
The partnership comes as legal departments expect increased use of technology platforms supporting automation and knowledge management. iManage's platform enables legal teams to manage high-value content more efficiently and securely. FTI Technology will leverage its expertise in legal department digital transformation to help clients with technology assessment, implementation, and adoption of iManage solutions.
AI-generated analysis. Not financial advice.
Positive
- Strategic alliance with iManage expands FTI's technology service offerings
- Positions company to capitalize on growing legal tech automation trend
- Enhances capability to serve large, global enterprise clients
Negative
- None.
News Market Reaction – FCN
On the day this news was published, FCN declined 0.65%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Collaboration Will Provide Law Firm and Legal Department Clients with Powerful, Flexible Knowledge Work Solutions
WASHINGTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm’s Technology segment has entered into a teaming agreement with iManage, the company “dedicated to Making Knowledge Work™”. This alliance will support FTI Technology’s Corporate Legal Operations practice in providing clients with cloud-based, fit-for-purpose solutions to solve legal department and law firm knowledge work-related challenges.
“The majority of legal departments anticipate an increase in their use of technology platforms that support automation and knowledge management for their organizations,” said Mike Ferrara, a Managing Director at FTI Technology. “As clients look to capitalize on their existing investments in document management or unlock new opportunities through artificial intelligence capabilities, our global team brings expertise and collaboration with iManage to support technology assessment, road mapping, implementation, adoption and more.”
Serving large, global enterprises and law firms, iManage enables legal teams to manage high-value legal content more efficiently and securely, while empowering counsel to collaborate and meet complex document management demands across their organization. Through this alliance, FTI Technology will help clients implement knowledge management and collaboration workflows and systems that enhance productivity, deliver insight and improve efficiency for counsel.
“FTI Technology’s extensive legal operations expertise, combined with iManage’s function-rich knowledge work platform, will help legal teams significantly improve their operational efficiency and strategic effectiveness,” said Dan Dosen, Executive Vice President, Channel & Alliances, at iManage. “We look forward to collaborating with FTI Technology in the legal sector.”
Wafik Guirgis, a Senior Managing Director and global Co-Leader of FTI Technology’s Corporate Legal Operations practice, added, “Legal department leaders and legal operations professionals are highly focused on aligning their function to business goals and leveraging technology in ways that add strategic value. Our team includes many experts in legal department digital transformation and the legal technology ecosystem at large, and we leverage this expertise to forge strategic alliances with technology providers that are well positioned to meet the needs of our clients globally, across contract lifecycle management, document management, legal process automation, artificial intelligence adoption and technology enablement.”
More information about FTI Technology’s Corporate Legal Operations offerings is available here.
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 8,300 employees located in 34 countries and territories, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated
FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Ashley Allman
+1.206.369.5209
ashley.allman@fticonsulting.com
