Strong Industry Reputation Benchmark Reporting Agency has received multiple awards and recognitions, including being named the best court reporter and deposition service by local industry publications, which enhances its credibility. Leveraging its strong reputation can help in attracting high-value clients seeking reliable litigation support services.
Recent Acquisition The company's recent acquisition by Lexitas, a major provider of technology-enabled litigation services, indicates potential access to a broader client base and increased resources. This transition presents opportunities to cross-sell additional services such as advanced video conferencing and streaming solutions.
Technology Utilization Benchmark Reporting employs a variety of digital tools including analytics, social media pixels, and multimedia technology, showing a commitment to integrating technology. This focus suggests a readiness to adopt innovative solutions that can be offered to clients aiming to modernize their litigation support.
Market Niche Operating primarily in Minnesota with national reach, the company has established a strong local presence while offering services across the US. Expanding marketing efforts in targeted legal markets or niche sectors could open new sales opportunities within specialized legal segments.
Growth Potential With revenue estimates between 1M and 10M and a lean team of 2-10 employees, there is significant scalability potential. Developing tailored service packages or technology upgrades could attract larger firms or organizations seeking comprehensive litigation solutions.