SOURCE: The Bedford Report

The Bedford Report

April 11, 2011 08:16 ET

Management Services Industry Posting Mixed Results

The Bedford Report Provides Analyst Research on LECG Corp & Accenture

NEW YORK, NY--(Marketwire - Apr 11, 2011) - Companies within the management services sector have posted mixed results in recent quarters. While certain segments of the industry are flourishing due to the current state of the economy, others are stumbling. Outsourcing remains a key revenue driver, whereas technical services have fallen on hard times due to lower demand for PCs. The Bedford Report examines the outlook for companies in the Management Services Industry and provides research reports on LECG Corporation (NASDAQ: XPRT) and Accenture PLC (NYSE: ACN). Access to the full company reports can be found at:

Outsourcing divisions have been on the upswing over the last year. Cost cutting has led to massive layoffs which have often resulted in some companies outsourcing outside of the US. Management services companies that provide outsourcing services are seeing increased demand and in turn increased revenues. Interestingly, the high unemployment level in the US has impacted wages paid to low-skilled outsourcing centers in some regions of the country, putting US outsourcing costs at par with that of India.

The Bedford Report releases regular market updates on the Management Services Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

Accenture is a global management consulting, technology services and outsourcing company, with more than 215,000 people serving clients in more than 120 countries. The company generated $6 billion in net revenues during its fiscal second quarter -- a 17 percent year on year increase. Outsourcing revenues were strong, up 13 percent over last year to $2.5 billion.

LECG Corporation is a global leader in business advisory services. Last month the business advisory firm FTI Consulting said that it purchased the international arbitration and airline competition practices of LECG Corp. According to FTI the acquisition forms a perfect fit into its existing and already strong team in Europe and the UK, while adding extensive intellectual capital and technical expertise.

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