FTI Consulting

Company Overview & Background

TL;DR: FTI Consulting Overview

FTI Consulting is a global business advisory firm founded in 1982 and headquartered in Washington, D.C., specializing in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology consulting. With over 7,900 employees in 32 countries and $3.70 billion in revenue for 2024, it's one of the world's largest financial consulting firms.

1982
Founded
7,900+
Employees
32
Countries
$3.70B
2024 Revenue
5
Business Segments

Company Background & History

FTI Consulting was originally founded as Forensic Technologies International in 1982 with the initial goal of helping courtroom staff and jury members interpret technological evidence through innovative computer models. The company has grown through strategic acquisitions, including purchasing PricewaterhouseCoopers' U.S. Business Recovery Services Division for $250 million in 2002 and acquiring KPMG's Dispute Advisory Services in 2003.

Key Leadership

Steven Gunby has served as President and CEO since 2014, and under his leadership, the firm has consistently been recognized by Forbes as one of America's Best Management Consulting Firms.

🏛️ Historical Milestones

1982
Founded as Forensic Technologies International by Dan Luczak and Joseph Reynolds, focusing on helping courtroom staff interpret technological evidence
1996
Went public on NASDAQ under symbol FTIC, raising $11.1 million
1997
Expanded to Canada with acquisition of LWG
1998-2005
Changed name to FTI Consulting, began trading on NYSE under FCN, acquired multiple consulting companies including PwC's Business Recovery Services and KPMG's Disputes Advisory Services
2000
Provided essential technology for the Bush vs. Gore presidential dispute
2002
Added over 1,000 employees to Forensic and Litigation Consulting division following Sarbanes-Oxley Act
2006
Acquired London-based Financial Dynamics, establishing Strategic Communications Division
2007
Expanded to Latin America and reported $1 billion in annual revenue for the first time
2014
Steven H. Gunby named President and Chief Executive Officer
2020
Had the largest restructuring business in the US as of January 2020
2024
Achieved record revenues of $3.699 billion with over 8,300 employees in 34 countries

Five Core Business Segments

FTI Consulting operates through five main business segments, each a leader in its own right:

1. Corporate Finance & Restructuring

  • Business transformation and strategy
  • Turnaround and restructuring services
  • Transaction advisory
  • Largest restructuring business in the US

2. Forensic and Litigation Consulting

  • Multidisciplinary services across risk & investigations
  • Construction, projects & assets
  • Healthcare risk management
  • Data & analytics solutions

3. Economic Consulting

  • Economic analysis and modeling
  • Antitrust and competition matters
  • Includes subsidiary Compass Lexecon
  • Led Lexology Index for 15th consecutive year

4. Technology

  • E-discovery and managed review
  • Cybersecurity services
  • Information governance and privacy
  • AI-powered managed services

5. Strategic Communications

  • Crisis communications
  • Public relations and reputation management
  • Acquired Financial Dynamics in 2006
  • Global communications expertise

🏆 Notable High-Profile Engagements

FTI Consulting has been involved in many headline-making cases throughout its history:

Lehman Brothers Bankruptcy
Led restructuring efforts during one of the largest bankruptcies in U.S. history
General Motors Bankruptcy
Provided critical restructuring and turnaround services
Bernard Madoff Investigation
Helped track down ill-gotten gains in the massive fraud case
Bush v. Gore Dispute
Provided essential technology for the presidential election dispute
Ed Sheeran Copyright Defense
Litigation support for Grammy Award-winning artist's copyright case
Microsoft-Activision Merger
Expert testimony supporting history's largest tech merger
Wells Fargo Investigation
Forensic investigation leading to enterprise-wide reforms
MLB Steroid Investigation
Technology segment played substantial role in investigation

Global Presence & Client Base

Geographic Footprint

More than 8,300 employees located in 34 countries and territories as of December 31, 2024, with offices in 84 cities across 31 countries.

Prestigious Client Base

98
Top 100 Law Firms
83
Fortune 100 Companies
71
Top 100 PE Firms

What Sets FTI Apart

FTI Consulting differentiates itself as a crisis and transformation specialist. The firm positions itself as "the leading global expert firm for organizations facing crisis and transformation," with teams that respond rapidly to dynamic and complex situations. Unlike traditional strategy consulting firms, FTI specializes in helping organizations during their most challenging moments, whether financial distress, legal disputes, regulatory investigations, or major transactions.

The company's multidisciplinary approach, combining financial expertise, litigation support, technology solutions, and communications capabilities under one roof, makes it uniquely positioned to handle complex, multi-faceted business challenges that require coordinated expertise across multiple domains.