LECG Expands Its Global Financial Services Platform

Strategic consulting and expert services firm LECG has expanded its financial services sector. This expansion will complement a well established regulatory consulting practice and completes the integration of the acquisitions The Secura Group LLC and Bates Private Capital, Inc. into

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Strategic consulting and expert services firm LECG has expanded its financial services sector. This expansion will complement a well established regulatory consulting practice and completes the integration of the acquisitions The Secura Group LLC and Bates Private Capital, Inc. into LECG, both well-respected financial services consulting firms.

The financial services sector is the third industry sector to be launched under the LECG flag, joining energy & environment, and healthcare.

Financial services currently has approximately 80 professionals in the US, Europe, and Asia, and generates nearly $30 million in revenue annually. It will be divided into four service lines – regulatory compliance, retail securities litigation and arbitration, governance and risk management, and credit and financial products – and will work in close partnership with LECG’s existing litigation consulting and expert services practices.

The new sector will be lead by Peter Vinella, who joined the firm from Wilmington Trust Conduit Services, a subsidiary of Wilmington Trust that provided collateral and fund administration services to issuers, managers, and investors in credit and structured financial products. There he had been president and chief executive officer. Vinella has spent more than 25 years in finance in a wide variety of roles including senior trading and management positions at Smith Barney and Drexel Burnham Lambert.

Peter will work alongside LECG’s William Isaac, former chairman of the FDIC; Mike Mancusi, former senior deputy comptroller of the currency; and Walt Mix, former commissioner of the California Department of Financial Institutions.

In addition to Vinella, LECG has also recently hired Dan Borge, a financial risk management expert and former head of risk management for a leading international management consulting firm. With a PhD in finance from the Harvard Business School, Borge developed the enterprise risk management system RAROC, which has become the industry standard for capital allocation. He also wrote “The Book of Risk” and, with ex-Bankers Trust chairman and CEO Charles Sanford, “The Risk Management Revolution.”

Borge will serve in LECG’s New York office, while Vinella will split his time between the firm’s New York and Emeryville, Calif., locations.

D.C.

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