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Dennis Carlton Rejoins FTI Consulting's Compass Lexecon Practice
- Enhances the Strongest Team of Economic Consultants in the Industry -
BALTIMORE, Jan 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announced today that Professor Dennis W. Carlton, recently nominated by the president to serve on the Council of Economic Advisers, has rejoined the Company's Compass Lexecon economic consulting team after serving as Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice (DOJ) for the past 16 months. Professor Carlton, 56, will maintain offices in both Chicago and Washington, DC. Compass Lexecon, a practice within FTI's Economic Consulting segment, provides specialized financial and economic analysis of policy, regulatory and litigation matters for corporations, governments and public sector entities in the United States and worldwide.

At the DOJ, Professor Carlton oversaw the analysis of economic issues arising in both merger and non-merger enforcement. In this role he consulted regularly with antitrust regulators from around the world in their development of competition regulations and guidelines.

Professor Carlton joins colleagues Richard Gilbert, Michael Katz, Janusz Ordover, Daniel Rubinfeld and Robert Willig, all of whom have served as Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice.

"The return of Dennis underscores the strong momentum we enjoyed during 2007," said Jack Dunn, FTI's President and CEO. "The key to our performance has always been the outstanding quality of our great people. Dennis is one of the preeminent antitrust economists in the world, and having him rejoin Compass Lexecon further builds on what was already the best group of competition economists in the market. Furthermore, the global scope of his work at the DOJ greatly enhances our visibility worldwide. His presence will enable our unmatched team to continue to consult on the largest, most complicated antitrust cases. We are delighted to welcome Dennis back to FTI."

Professor Carlton is the co-author of Modern Industrial Organization, a leading text in the field, as well as numerous articles on a variety of topics. He also holds the position of Professor of Economics at the Graduate School of Business at the University of Chicago. In addition to his academic credentials, he also served as the sole economist on the recent Antitrust Modernization Commission, a Congressional commission that published its findings in 2007, and has also been an invited guest speaker before various audiences around the world.

In his prior career at FTI Consulting, Professor Carlton served as an expert in numerous domestic and foreign cases involving issues in antitrust, regulation and intellectual property in industries ranging from telecommunications, energy, airlines, railroads, insurance, computers, credit cards, chemicals and automobiles. As one of the world's leading academic experts in these areas, he will now resume his role as a Senior Managing Director as of January 30, 2008.

About FTI Consulting

FTI Consulting is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 2,400 professionals located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.

Safe Harbor Statement

This press release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 that involve uncertainties and risks including statements related our future financial results. There can be no assurance that actual results will not differ from the company's expectations. The Company has experienced fluctuating revenue, operating income and cash flow in some prior periods and expects this will occur from time to time in the future. As a result of these possible fluctuations, the Company's actual results may differ from our projections. Further, preliminary results are subject to normal year-end adjustments. Other factors that could cause such differences include the pace and timing of the consummation and integration of past and future acquisitions, the Company's ability to realize cost savings and efficiencies, competitive and general economic conditions, retention of staff and clients and other risks described under the heading "Item 1A. Risk Factors" in the Company's most recent Form 10-K and in the Company's other filings with the Securities and Exchange Commission. We are under no duty to update any of the forward-looking statements to conform such statements to actual results or events and do not intend to do so.

SOURCE FTI Consulting, Inc.


http://www.fticonsulting.com
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