logo
Expert Institute Acquires ExpertConnect Litigation Support, LLC, Expanding Leadership in High-Stakes Expert Witness Consulting

Expert Institute Acquires ExpertConnect Litigation Support, LLC, Expanding Leadership in High-Stakes Expert Witness Consulting

Business Wire16-06-2025
NEW YORK--(BUSINESS WIRE)-- Expert Institute, the legal industry's leading provider of expert witness services, research, and data-driven intelligence, today announced its acquisition of ExpertConnect Litigation Support, LLC (ECLS), a national firm known for its elite network of expert witnesses in high-stakes regulatory, commercial, and intellectual property disputes.
We're thrilled to welcome ECLS into the Expert Institute family. This acquisition expands the breadth of our expert network and deepens our ability to support elite litigators with even more specialized expertise and white-glove service. - Michael Talve
Share
The acquisition further solidifies Expert Institute's position as the largest and most trusted platform for expert witness engagement and litigation intelligence. ECLS brings with it a distinguished client base, including top-tier law firms, Fortune 500 companies, and U.S. government agencies involved in complex matters before the SEC, IRS, FINRA, federal and state courts and international tribunals.
Founded by Eric Broyles, a former attorney turned serial entrepreneur who clerked for a federal appellate judge and worked at Skadden, Arps, Slate, Meagher & Flom, ECLS has earned a reputation for precision and excellence in matching elite experts in pharmaceutical litigation, securities disputes, patent cases, and regulatory enforcement matters. Mr. Broyles will remain involved with the combined company as a shareholder and strategic advisor. 'Expert Institute is the ideal partner to build on the culture, values, and standard of excellence our clients and team have come to expect. Their unmatched technology and innovation will only enhance the level of service and results we deliver — raising the bar for what's possible in this industry,' said Eric Broyles.
'ExpertConnect Litigation Support has built a world-class reputation for delivering bespoke expert solutions in some of the most complex and sensitive matters in the legal industry,' said Michael Talve, Founder and CEO of Expert Institute. 'We're thrilled to welcome their team and network into the Expert Institute family. This acquisition expands the breadth of our expert network and deepens our ability to support elite litigators with even more specialized expertise and white-glove service.'
With the integration of ECLS, users of Expert iQ —Expert Institute's proprietary platform for managing expert witness workflow—will gain access to an even broader roster of professionals and additional research tools designed to streamline expert vetting, engagement, and case management.
This strategic acquisition underscores Expert Institute's commitment to continually enhancing its services to meet the demands of today's most sophisticated litigation teams.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's mass deportation drive could spike inflation to 4% next year, Moody's economist claims
Trump's mass deportation drive could spike inflation to 4% next year, Moody's economist claims

New York Post

time2 hours ago

  • New York Post

Trump's mass deportation drive could spike inflation to 4% next year, Moody's economist claims

A top economist warned that President Trump's crackdown on illegal immigration could heat up inflation to 4% as the labor market tightens — a notion dismissed by the White House. The Trump administration has sealed off the southern border with Mexico, stanching the flood of the estimated 10 million illegal immigrants that entered the US under President Joe Biden. It has also rounded up thousands of illegal immigrants and plans to deport them. 5 Mark Zandi, chief economist at Moody's, warned President Trump's deportations are driving inflation higher. AP Mark Zandi, chief analyst at credit ratings agency Moody's, predicts that the loss of cheap foreign labor will drive up prices. 'If Trump continues deporting immigrants at the current rate, inflation will go from 2.5% to somewhere close to 4% by the time it hits its peak early next year,' Zandi told Fortune. 'Foreign-born labor force is declining, and the overall labor force has gone flat since the beginning of the year. That's causing tightening in a lot of markets, adding to costs and inflation.' Zandi's warning comes after the producer price index, a key inflation gauge, jumped 0.9% from June to July — the biggest monthly increase since 2021,' according to the Labor Department report last Thursday. Earlier in the week, the consumer price index edged up 0.2% in July and is at 2.7% year over year. 'You can see it in meat prices, agriculture, food processing, haircuts, dry cleaning,' Zandi said. 'The fingerprints of the restrictive immigration policy are all over the CPI and PPI numbers we got.' 5 President Donald Trump has defended his immigration crackdown as protecting American workers. Shutterstock The White House rejected the idea that deportations are fueling inflation. Abigail Jackson, a White House spokesperson, told The Post that the administration is 'focused on protecting the American workforce' by utilizing 'untapped potential' at home. She pointed to data showing more than one in 10 young Americans are neither working nor in school. Since Trump returned to office, she added, '100% of job gains have gone to native-born American workers.' A White House official pointed to an executive order signed by the president in April which seeks to modernize workforce programs and expand apprenticeships to prepare Americans for high-paying skilled trade jobs. 5 Shoppers face rising grocery bills as wholesale prices jumped 3.3% over the past year. Getty Images The US faced shortages of 447,000 construction workers and 94,000 durable goods workers in 2024, with the Bureau of Labor Statistics projecting an annual shortfall of nearly half a million tradespeople over the next decade. As AI advances and manufacturing reshoring accelerates, demand will grow even further, according to the White House official. Trump's order directs the administration to support more than 1 million apprenticeships per year to meet the nation's future workforce needs. Nonetheless, even some of Trump's allies are uneasy. Heritage Foundation economist Steve Moore, who recently appeared alongside the president promoting alternative jobs data, admitted he is 'worried about a labor shortage.' 'I think the deportations of working illegal immigrants could have a slight impact on wages and thus prices,' Moore said. The Post has sought comment from Moore. The debate has split economists into two camps. Zandi's side — joined by analysts at Morgan Stanley, Barclays and Bank of America — argues Trump's deportations, border closures and what he calls 'self-deportations' are choking off labor supply. 'It's the southern border being shut down, it's deportations, it's self-deportations,' Zandi said. 'Immigrants are scared. They're leaving the country, they're not coming in, they're not going to work.' The opposing camp sees a different story: a real pullback in labor demand as businesses cut back. They point to shrinking payrolls in manufacturing, transportation and warehousing, along with surveys showing fewer job openings. 5 ICE officers detain migrants during a New York Post ride-along in Chicago as deportations accelerate. Matthew McDermott In that view, Trump's policies may matter 'at the margins,' Zandi conceded, but the main driver is weaker business confidence and softer consumer demand. The split matters for the Federal Reserve. A genuine demand slowdown would normally ease wage pressures and give the Fed room to cut rates. But if inflation is driven by labor shortages from immigration curbs, interest rates can't solve it. 'Demand-side inflation has a different implication for monetary policy than supply-side inflation,' Zandi told Fortune. 'Rate cuts won't bring more immigrants into the country.' He warned the inflationary impact of immigration restrictions will be harder to shake than tariffs. 5 A deportation flight prepares to depart as the number of immigrants entering the US collapses. EL SALVADOR'S PRESIDENCY PRESS OFFICE/AFP via Getty Images 'Tariffs are more likely to be one-off,' Zandi told Fortune. 'Restrictive immigration adds to shortages, higher labor costs and wages — and that can become self-reinforcing.' Bank of America economists echoed the stagflation risk, saying it's why they expect the Fed to hold rates steady this year. Markets so far have stayed upbeat, with the S&P 500 near record highs on expectations of a September cut. But bond traders are already bracing for a tougher Fed, pushing short-term Treasury yields higher.

How to truly change your organization
How to truly change your organization

Fast Company

time10 hours ago

  • Fast Company

How to truly change your organization

In March 2024, Bill Anderson, pharma giant Bayer's CEO, wrote an op-ed in Fortune vowing to bust bureaucracy, slash red tape, and eliminate layers of middle management to create a more agile and innovative enterprise. 'Our radical reinvention will liberate our people while cutting 2 billion euros in annual costs by 2026,' he wrote. I wrote soon after that what Anderson was doing wasn't genuine transformation but had all the telltale signs of transformation theater: a false sense of urgency calling for drastic action when none is needed, a rushed strategic process (with little or no time for analysis or dissent), and a large, premature public rollout. Today, more than a year later, Bayer's stock remains near all-time lows and investors are increasingly frustrated and it's not hard to see why. Anderson went into an organization that was already reeling and introduced even more stress and disruption, with predictable results. If you want to create genuine transformation, you need to start by creating a sense of safety. The Disruption Mindset By publishing his manifesto in Fortune just nine months into his tenure, Anderson was following the advice of many change gurus: create urgency. Burn the boats. Announce the plan loudly and publicly so there's no turning back. That's the disruption mindset. But was that really necessary—or even helpful? The problems that Bayer faced had been building for years. Its 2018 acquisition of Monsanto made it liable for billions of dollars of lawsuits related to the herbicide Roundup, which is thought to cause cancer. The firm had been building up debt for years and it had long been clear that patents of blockbuster drugs, such as Xarelto, were set to expire. None of this was a secret to anyone. As Anderson himself noted, the stock price had fallen by half during his tenure and was at a 20-year low. It's also not clear how a reorganization would address those problems. Litigation and debt don't immediately disappear just because you eliminate middle managers, nor does it help discover new drugs to replace expiring patents. Consider what the last few years have been like for a typical Bayer employee. First came a massive restructuring after the Monsanto deal. Then came years of public headlines about lawsuits, debt, and falling performance. And now, a new CEO storms in and announces he's eliminating thousands of jobs and redesigning every role and process in the company. Would that make you feel 'liberated,' as Anderson put it? Or terrified? The Truth About Disruption And Performance A key rationale underlying the disruption mindset is that it promotes creativity and innovation. Undermining the status quo, the logic goes, creates space for the new and different. Yet there is little evidence that this is an effective approach and much that suggests a disruptive environment impairs creativity and innovation. In Cultures of Growth, Stanford social psychologist Mary C. Murphy points out that disruption impedes the growth mindset that is so necessary for supporting an innovative culture. In particular, she cites Amy Edmondson's research on psychological safety, which indicates that fear inhibits learning. She also points to laboratory experiments that suggest that performance goals impede working memory, a key component of creative thinking. One thing that you begin to notice when you spend a lot of time around people who perform at a world-class level is that they are more prone to anxiety. So when you shake things up, you're most likely to rattle the very people you can least afford to lose and who can most easily leave. Bayer's business is, on a certain level, fairly simple: As long as it produces a steady stream of breakthrough discoveries, things will go well. But once that dries up, it becomes very tough to make money. Sustaining that flow means attracting and motivating exactly the kind of smart, ambitious people who are most vulnerable to—and least tolerant of—disruptive management. Stability Fuels Innovation My friend Whitney Johnson has argued passionately for the need to disrupt ourselves. It is only through venturing out of our comfort zones that we can explore new things, gain new skills, and push our boundaries. That's what makes the difference between mediocre also-rans and truly top performers. Yet when we had Whitney on the Changemaker Mindset podcast, I noticed something interesting. Whenever she reached a juncture where she needed to disrupt herself, she always mentioned her husband. As we discussed the pattern further, it soon became clear that it was the love and support from her husband that provided the safety and stability she needed to continually disrupt herself. Whitney's not alone. We all need a sense of safety if we are going to take risks. That's why, when IBM was on the verge of collapse, Lou Gerstner made sure his first trip was to IBM's famed Thomas Watson Research Center, not to demand results, but to reassure the scientists that he was committed to supporting their work. When Alcoa was at a similar point, its new CEO, Paul O'Neill, made his commitment to safety, not profits. Many would say that all sounds nice, but naive. The real world is hard-nosed and cutthroat. Yet both Gerstner and O'Neill were seasoned leaders, not wide-eyed idealists, and both took failing companies and transformed them into record-setting profitability in a short time. They did it not by disrupting their organizations, but by making them feel safe enough to embrace change. Creating Safety In 1997, when Clayton Christensen first published The Innovator's Dilemma and introduced the term 'disruptive innovation,' it was a clarion call. His key insight was that, under certain conditions, the basis of competition in an industry shifts, and the strategies that once made incumbents successful can suddenly make them vulnerable. Yet what Christensen didn't anticipate was how seductive the idea of disruption would become. Soon, all manner of pundits—most of whom never read his book or understood his concepts—were preaching the gospel of disruption. Before you knew it, everything had to be disrupted all the time. But the truth was, we weren't disrupting industries, but disrupting people. The unfortunate reality is that when most leaders talk about disruption, they're not thinking about business strategy but elevating themselves. Disruption becomes a personal brand. A way to feel bold, daring, and visionary. Yet while they are glorifying themselves, they're making things harder for everyone else and there's a cost to that. Genuinely visionary leaders know that disruption and safety go hand in hand. The safer you make your organization, the more you empower your people to think boldly, take risks, and explore new territory. The more stress you create, the more you drain cognitive capacity, limit creativity and shrink the space people have for insight, collaboration, and original thinking.

Global powerhouse dominates Tesla in highly anticipated EV race: 'Nobody looked at us'
Global powerhouse dominates Tesla in highly anticipated EV race: 'Nobody looked at us'

Yahoo

time17 hours ago

  • Yahoo

Global powerhouse dominates Tesla in highly anticipated EV race: 'Nobody looked at us'

Chinese automaker BYD could soon dominate the European market and add to Tesla's struggles to recapture the hearts of electric vehicle drivers. What's happening? Fortune reported that BYD is now poised to produce around 300,000 EVs per year at its factory in Szeged, Hungary, by 2030. Starting next year, it estimates it will manufacture 150,000 of its all-electric sedans annually at the facility as it continues its push to firmly topple Tesla as the tastemaker of the EV realm, marketing its compact cars as perfect for narrow European streets. Over the first five months of the year, BYD sold 55,000 cars in Europe — three times more sales than it did during the same period in 2024. "If they keep growing at this speed, Europe should expect big disruption in the coming months," said JATO Dynamics analyst Felipe Munoz. BYD executive vice president Stella Li told Fortune that many underestimated her company as a potential EV powerhouse because of its small size. "Nobody looked at us," she said. Why is this important? Back in 2011, when speaking with former Bloomberg TV anchor Betty Liu, Tesla CEO Elon Musk laughed at the idea of BYD ever being able to compete with Tesla. In later years, he seemed to have softened his stance, demonstrating just how far the EV industry has come since Tesla first gained renown in the 2000s for successfully selling and marketing its EV to the modern consumer — inspiring other automakers to follow suit. In turn, the market is filled with increasingly affordable options for people who want to make their next car an EV, and consumers are leaping at the opportunity to purchase a more eco-friendly vehicle that offers cost savings on energy and maintenance. Would you buy an EV if there were no tax incentives for getting one? Definitely No way Depends on the sticker price Depends on the range Click your choice to see results and speak your mind. Last year, EV sales worldwide rose by more than 25%, according to the International Energy Agency. Still, Tesla has the largest market cap among automakers by far at more than $1 trillion, and BYD clocks in fourth with a $130.8 billion market cap. Yet BYD has begun to establish itself as a dominant force in international markets, surpassing Tesla in global sales this year, even if Musk remains bullish on his company's ability to rise above the competition. What could this mean for American-made EVs? While Tesla has factories in Europe and China, it does most of its manufacturing in the U.S., creating thousands of jobs. For his part, Musk has criticized the Donald Trump administration's tariffs as a move that will have a "significant impact" on his company, undermining domestic manufacturers' ability to compete with automakers like BYD in international markets. For now, Tesla remains the top-selling EV in the United States despite consumer backlash to Musk's involvement in politics and high-profile mishaps with the company's Robotaxi rollout. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store