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Market Wire

LECG Adds Experts in North America, Asia Pacific, and Europe

Market Wire,  August, 2005  

LECG (NASDAQ: XPRT), a global expert services firm, today announced 10 director-level additions to its expert talent pool, including three internal promotions. New experts include: David Babbel, Howard Chang, Terence D'Souza, Paul Frampton, Inmaculada Gutierrez, Albert Nichols, Tony Santana, William Simpson, William Weiner, and Peter Wrobel.

LECG also announced today that it has signed an agreement to acquire substantially all of the assets of Bates Private Capital Incorporated, a privately held expert services firm based in Portland, Oregon.

Dr. David Teece, chairman of LECG, commented, "LECG is delighted to see continued growth in our talent pool across diverse disciplines and regions. Additionally, we are pleased to announce that we signed an agreement to acquire Bates Private Capital, which will expand our services offerings in securities litigation."

Expert Hires

David Babbel, a director in Washington, DC, specializes in insurance, risk management, and finance. His experience includes developing financial strategies for banks and insurers, asset/liability management, capital market development, insurance insolvency analysis, analysis of basis risk in asset/liability management, and valuation of interest-sensitive cash flows. Prior to LECG, Dr. Babbel held positions with The World Bank, Frank Russell Company, Goldman Sachs & Co., Brazilian Capital Market Institute, and the USDA. He is a professor at the Wharton School of the University of Pennsylvania and also has taught at the University of California at Berkeley. Dr. Babbel holds a PhD and an MBA from University of Florida, and a BA from Brigham Young University and George Mason University.

Howard H. Chang, recently promoted to director in Chicago, Illinois, specializes in antitrust issues, including claims of monopolization, exclusionary practices, vertical restraints, and price fixing, as well as merger analysis. Mr. Chang has expertise in the economics of the payment card and computer software industries. His has also worked on matters involving the consumer products, pharmaceuticals, securities, and telecommunications industries. Mr. Chang received his MA in economics and a BA in economics and mathematics from Yale University.

Terence D'Souza, a director in Houston, Texas, has over 20 years of finance and management experience in banking, project finance, and corporate finance in various industries. Mr. D'Souza is a specialist in structuring debt and other financial transactions, financial risk management, as well as the restructuring and recapitalization of companies in financial distress and facing insolvency. His industry experience is predominantly in the energy sector, including oil and gas, power, and pipelines. Mr. D'Souza holds a bachelor of commerce degree from the University of Bombay, India, and he holds a professional qualification as an associate of the London Institute of Bankers.

Paul Frampton, a director in Wellington, New Zealand, has over 20 years of experience providing expert services in the financial services, healthcare, and education industries as well as in the public sector. His engagements have included strategy, policy development, operational improvement, financial analysis, systems selections, and implementations. Prior to LECG, Mr. Frampton was partner in charge of Deloitte Consulting in New Zealand and was finance director of a subsidiary of International Harvester in the United Kingdom. Mr. Frampton holds a BA in business studies from Middlesex University, London.

Inmaculada Gutierrez, recently promoted to director in Madrid, Spain, advises clients on a variety of competition policy issues, covering a wide range of industries, including utilities, logistics, consumer goods and retailing. Before joining LECG, she was associate director at NERA Economic Consulting, headed the merger control department of the Spanish Competition Service, and worked in the Tribunal de Defensa de la Competencia. Ms. Gutierrez received her BA in economics from the Universidad Complutense de Madrid. She is also Técnico Comercial y Economista del Estado, an elite civil servants group of the Spanish Administration, specializing in economics.

Albert L. Nichols, recently promoted to director in Cambridge, Massachusetts, specializes in antitrust issues in technology industries. In recent years, Dr. Nichols has worked on several antitrust cases in the software industry, in both the United States and Europe. He has expertise in the economics of regulation of health, safety, and the environment. Prior to joining LECG, Dr. Nichols was a vice president of NERA Economic Consulting, an associate professor of public policy at Harvard University, and director of the economic analysis division of the U.S. Environmental Protection Agency. He has a PhD in public policy and an MPP from Harvard University and a BA from Stanford University.

Tony Santana, a director in Los Angeles, California, has over 15 years of experience and specializes in the determination of damages, the investigation of alleged frauds, and building complex statistical models. Mr. Santana has worked on cases involving antitrust, breach of contract, fraud, patent infringement and lost earnings of both companies and individuals. He has industry experience in agriculture, high technology, and transportation. Previously, Mr. Santana held positions with Navigant Consulting, Inc., FTI Consulting, Inc., Simpson LLP, Coopers & Lybrand LLP, and served as a senior audit officer for California Commerce Bank. Mr. Santana holds a BS in accounting from Loyola Marymount University and is a certified public accountant.