FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

(Mark One)

|X| QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

For the quarterly period ended September 30, 2001

                                       OR

|_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

For the transition period from ________ to ___________

                         Commission file number: 0-19239


                            Law Companies Group, Inc.
                 -------------------------------------------------
               (Exact name of Registrant as specified in its charter)

Georgia                                                          58-0537111
------------------------------------                         -------------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

1105 Sanctuary Parkway, Suite 300, Alpharetta, GA                 30004
--------------------------------------------------------------------------------
(Address of principal executive offices)                       (Zip code)

                                 (770) 360-0600
                ---------------------------------------------------
                (Registrant's telephone number including area code)

                               LawGibb Group, Inc.
--------------------------------------------------------------------------------
  (Former name, former address, and former fiscal year, if changed since last
   report)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes |X| NO |_|

The number of shares of Common Stock of the Company,  par value $1.00 per share,
outstanding at November 13, 2001 was 2,614,546.


<PAGE>

                                TABLE OF CONTENTS
                                                                            PAGE

PART I.  FINANCIAL INFORMATION

         ITEM 1. FINANCIAL STATEMENTS

         Condensed Consolidated Balance Sheets
          as of September 30, 2001 and December 31, 2000.......................1

         Condensed Consolidated Statements of Operations and Comprehensive
          Income for the Quarters and Nine-Month Periods Ended September 30,
          2001 and 2000........................................................2

         Condensed Consolidated Statements of Cash Flows
          for the Nine-Month Periods Ended September 30, 2001 and 2000.........4
 .
         Notes to Condensed Consolidated Financial Statements..................5


         ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS
                 AND FINANCIAL CONDITION.......................................8

         ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK...10


PART II. OTHER INFORMATION

         ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS..........10

         ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.............................11

SIGNATURE.....................................................................12

<PAGE>
PART  I  FINANCIAL INFORMATION
ITEM 1.           FINANCIAL STATEMENTS
<TABLE>
<CAPTION>

CONDENSED CONSOLIDATED BALANCE SHEETS
LAW COMPANIES GROUP, INC.
(unaudited - dollars in thousands, except per share data)
Assets                                                          September 30,         December 31,
                                                                    2001                  2000
<S>                                                          <C>                   <C>
                                                             ------------------    ------------------
Current assets:
    Cash and cash equivalents                                $          13,317     $           2,319
    Billed fees receivable, net of allowance                            40,372                41,571
    Unbilled work in progress                                           18,934                15,279
    Other current assets                                                 5,256                 5,079
    Current assets of discontinued operations                               --                48,020
                                                             ------------------    ------------------
Total current assets                                                    77,879               112,268
Property and equipment, net                                             10,209                10,978
Equity investments                                                         134                   175
Goodwill, net                                                            1,525                   942
Other assets, net                                                       11,548                 5,558
Noncurrent assets of discontinued operations                                --                15,783
                                                             ------------------    ------------------
Total Assets                                                 $         101,295     $         145,704
                                                             ==================    ==================


Liabilities and Shareholders' Equity
Current liabilities:
    Accounts payable                                         $          11,400     $           12,193
    Billings in excess of costs and fees earned on
      contracts in progress                                              2,687                  2,256
    Current portion of long-term debt                                       --                  3,955
    Other accrued expenses                                               5,659                  6,445
    Other current liabilities                                           13,715                 10,147
    Current liabilities of discontinued operations                          --                 29,237
                                                             ------------------    -------------------
Total current liabilities                                               33,461                 64,233

Long-term debt                                                              --                 10,941
Deferred income taxes                                                      898                  1,238
Noncurrent liabilities of discontinued operations                           --                  5,211

Cumulative convertible redeemable preferred stock;
      963,398 shares issued and outstanding                              9,945                  9,929
Shareholders' equity:
    Common stock--$1 par value; authorized: 10,000,000
      shares; issued and outstanding:  2,615,743 shares
      in 2001 and 2,613,878 shares in 2000                               2,616                  2,614
    Additional paid-in capital                                          28,874                 28,866
    Retained earnings                                                   25,519                 33,580
    Accumulated other comprehensive loss                                   (18)               (10,908)
                                                             ------------------    -------------------
                                                                        56,991                 54,152
                                                             ------------------    -------------------
Total Liabilities and Shareholders' Equity                   $         101,295     $          145,704
                                                             ==================    ===================

See accompanying notes.
</TABLE>
1

<PAGE>
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
LAW COMPANIES GROUP, INC.
(unaudited - in thousands, except per share data)
<TABLE>
<CAPTION>

                                                        For the Quarters                        For the Nine Months
                                                       Ended September 30                       Ended September 30
                                                ----------------------------------      -----------------------------------
                                                     2001               2000                 2001                2000
                                                ---------------    ---------------      ---------------     ---------------
<S>                                             <C>                <C>                  <C>                 <C>
Gross fees                                      $       56,713     $       54,112       $      165,309      $      153,378
Less:  Cost of outside services                          9,575              9,601               27,294              23,812
                                                ---------------    ---------------      ---------------     ---------------
Net fees                                                47,138             44,511              138,015             129,566

Direct costs and expenses:
    Payroll                                             14,235             13,200               42,792              38,658
    Job related expenses                                 4,164              3,131               10,982               8,821
                                                ---------------    ---------------      ---------------     ---------------
Gross profit                                            28,739             28,180               84,241              82,087

Indirect costs and expenses:
    Payroll                                             10,482             10,504               34,610              31,977
    Other expenses                                      13,561             13,016               41,964              40,646
                                                ---------------    ---------------      ---------------     ---------------
Operating income                                         4,696              4,660                7,667               9,464

Other:
    Interest income (expense)                              495               (371)                 125                (716)
    Deferred financing costs                               (14)               (14)                 (43)                (42)
    Other income (expense)                                  (1)                19                   18                  (6)
                                                ---------------    ---------------      ---------------     ---------------
    Income before income taxes and                       5,176              4,294                7,767               8,700
      equity investments

Income tax provision                                    (1,656)            (1,343)              (2,640)             (2,558)
Equity investments                                          --                 (4)                  --                   3
                                                ---------------    ---------------      ---------------     ---------------
Income from continuing operations                        3,520              2,947                5,127               6,145

Income from discontinued operations, net
      of tax                                               --                 172                  403               1,559
Loss from disposal of discontinued
      operations, net of tax                                (8)                --              (12,689)                 --
                                                ---------------    ---------------      ---------------     ---------------
Income (loss) from discontinued
      operations                                            (8)               172              (12,286)              1,559
                                                ---------------    ---------------      ---------------     ---------------
Net Income (Loss)                               $        3,512     $        3,119       $       (7,159)     $        7,704
                                                ===============    ===============      ===============     ===============
</TABLE>
2

<PAGE>
<TABLE>
<CAPTION>
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
LAW COMPANIES GROUP, INC.
(unaudited - in thousands, except per share data)

                                                               For the Quarters                     For the Nine Months
                                                              Ended September 30                    Ended September 30
                                                    ---------------------------------------- ----------------------------------
                                                          2001                2000                2001               2000
                                                    -----------------    ----------------    ---------------    ---------------
<S>                                                 <C>                  <C>                 <C>                <C>
Income Available to Common Shareholders
Income from continuing operations                   $         3,520      $        2,947      $       5,127      $       6,145
Less:  Preferred stock dividend and
     accretion                                                 (282)               (282)              (846)              (846)
                                                    -----------------    ----------------    ---------------    ---------------
Income from continuing operations available to                3,238               2,665              4,281              5,299
     common shareholders

Income (loss) from discontinued operations                       (8)                172            (12,286)             1,559
                                                    -----------------    ----------------    ---------------    ---------------

Net income (loss) available to common
     shareholders                                   $         3,230      $        2,837      $      (8,005)     $       6,858
                                                    =================    ================    ===============    ===============


Earnings per common share - basic:
   Continuing operations                            $          1.24      $         1.02      $        1.64      $        2.03
   Discontinued operations                                     (.01)                .07              (4.70)               .59
   Net income (loss)                                           1.23                1.09              (3.06)              2.62

Earnings per common share - diluted:
   Continuing operations                            $           .94      $          .78      $        1.25      $        1.62
   Discontinued operations                                     (.01)                .04              (3.59)               .41
   Net income (loss)                                            .93                 .82              (2.34)              2.03



Comprehensive Income
Net income (loss)                                   $         3,512      $        3,119      $      (7,159)     $       7,704
Other comprehensive income:
   Unrealized holding gains (losses)                             11                  (3)               (10)                 3
   Foreign currency translation adjustment                       --              (2,322)                --             (4,253)
   Reclassification adjustment due to foreign
     currency translation adjustment recognized                  --                  --             10,900                 --
                                                    -----------------    ----------------    ---------------    ---------------
Comprehensive income                                $         3,523      $          794      $       3,731      $       3,454
                                                    =================    ================    ===============    ===============
See accompanying notes.
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
LAW COMPANIES GROUP, INC.
(unaudited - dollars in thousands)
                                                                                     For the Nine Months
                                                                                      Ended September 30
                                                                             ------------------------------------
                                                                                   2001                2000
                                                                             -----------------    ---------------
<S>                                                                          <C>                  <C>
Operating activities
Income from continuing operations                                            $          5,127     $        6,145
Adjustments to reconcile net income to net cash provided  by
    (used in) operating activities:
         Depreciation and amortization                                                  3,348              3,401
         Provision for losses on receivables                                              342                484
         Deferred income taxes                                                         (1,040)            (1,455)
         Undistributed  losses from equity investments                                     --                 (3)
         Loss on disposal of property and equipment                                        14                 81

Changes in operating assets and liabilities:
         Billed fees receivable                                                           857             (8,531)
         Unbilled work in progress                                                     (3,655)            (3,504)
         Other current assets                                                             160                364
         Accounts payable and accrued expenses                                            887              2,495
         Billings in excess of costs and fees earned on
              contracts in progress                                                       431                (30)
                                                                             -----------------    ---------------
Net cash provided by (used in) continuing operations                                    6,471               (553)
Net cash provided by (used in) discontinued operations                                  4,527               (454)
                                                                             -----------------    ---------------
Net cash provided by (used in) operating activities                                    10,998             (1,007)

Investing activities
Business acquisitions, net of cash acquired                                             (993)               (338)
Purchases of property and equipment                                                   (2,054)             (2,954)
Proceeds from disposal of property and equipment                                          32                  74
Discontinued operations, net of cash sold                                             16,362                (580)
Other, net                                                                            (1,258)                 71
                                                                             -----------------    ---------------
Net cash provided by (used in) investing activities                                   12,089              (3,727)

Financing activities
Net proceeds (payments) on revolving line of credit and
       long-term borrowings                                                          (14,896)                973
Proceeds from exercise of stock options                                                   52                  23
Repurchase and retirement of common stock                                                (98)               (191)
Preferred dividends paid                                                                (600)               (600)
Discontinued operations                                                                3,269                (540)
                                                                             -----------------    ---------------
Net cash used in financing activities                                                (12,273)               (335)

Increase in cash and cash equivalents from discontinued
       operations                                                                        184               1,523
                                                                             -----------------    ---------------
Increase (decrease) in cash and cash equivalents                                      10,998              (3,546)
Cash and cash equivalents at beginning of period                                       2,319               4,676
                                                                             -----------------    ---------------
Cash and cash equivalents at end of period                                   $        13,317      $        1,130
                                                                             =================    ===============

See accompanying notes.
</TABLE>
4
<PAGE>

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
LAW COMPANIES GROUP, INC.
(unaudited  - dollars in thousands, except per share data)

NOTE 1 - There have been no significant  changes in the  accounting  policies of
Law Companies Group, Inc. (the "Company"),  formerly LawGibb Group, Inc., during
the periods presented.  For a description of these policies, see Note 1 of Notes
to Consolidated Financial Statements in the Company's Annual Report on Form 10-K
for the year ended December 31, 2000 (the "Form 10-K").

NOTE 2 - The unaudited condensed  consolidated  financial  statements  presented
herein have been prepared in accordance  with  accounting  principles  generally
accepted  in  the  United  States  for  interim  financial  statements  and  the
instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do
not include all of the  information and note  disclosures  required by generally
accepted accounting principles required for complete financial statements. These
statements  should  be read  in  conjunction  with  the  Consolidated  Financial
Statements  and Notes for the year ended  December 31, 2000 included in the Form
10-K.  The  accompanying  condensed  consolidated  financial  statements for the
quarter and nine months ended  September 30, 2001 and 2000 have not been audited
by independent auditors in accordance with auditing standards generally accepted
in the United  States,  but in the  opinion  of the  Company's  management  such
financial  statements  include  all  adjustments,   consisting  only  of  normal
recurring adjustments,  necessary to summarize fairly the Company's consolidated
financial position and results of operations.  The results of operations for the
quarter and nine months ended  September  30, 2001 may not be  indicative of the
results that may occur during the year ending December 31, 2001.

NOTE 3 - In June 2001, the Financial  Accounting Standards Board issued SFAS No.
141 "Business  Combinations"  and SFAS No. 142  "Goodwill  and Other  Intangible
Assets."  SFAS 141 requires  that the purchase  method of accounting be used for
all business combinations initiated after June 30, 2001. SFAS 141 also specifies
the criteria  applicable  to  intangible  assets  acquired in a purchase  method
business combination to be recognized and reported apart from goodwill. SFAS 142
requires that goodwill and  intangible  assets with  indefinite  useful lives no
longer be amortized,  but instead be tested for  impairment,  at least annually.
SFAS 142 also requires  that  intangible  assets with  definite  useful lives be
amortized  over  their  respective  estimated  useful  lives to their  estimated
residual values, and be reviewed for impairment. The Company does not expect the
adoption  of SFAS  141  and 142 to have a  material  impact  on its  results  of
operations or financial position.

NOTE 4 - In January 2001, the Company  acquired the Fort Worth,  Texas operation
of Maxim Technologies, Inc. ("Maxim") for a purchase price of approximately $1.0
million in cash. The Company received $0.4 million in property and equipment and
recorded $0.6 million in goodwill  which is being  amortized over a period of 15
years. The results of operations of Maxim have been included in the accompanying
condensed  consolidated  statements of operations and comprehensive income since
the acquisition date.

NOTE  5 - On May  3,  2001,  the  Company  completed  the  sale  of its  turnkey
engineering  services  segment for $26.8  million in cash plus an  assumption of
debt by the purchaser of approximately $7.7 million. The cash proceeds include a
$5.0 million escrow for certain  defined  possible  liabilities.  These services
were  provided  in the United  Kingdom,  Europe,  Africa  and in  certain  other
international  locations.  This  business  was a provider  of  multidisciplinary
design, consulting and management services for infrastructure,  industrial,  and
building projects at each stage from project  conception to completion,  with on
going  follow-up in the operation and  maintenance  phases.  These services were
provided to the owner or general contractors  associated with large construction
projects.  This segment of the business has been accounted for as a discontinued
operation and accordingly the  accompanying  consolidated  financial  statements
reflect the operating results,  balance sheet and cash flows of the discontinued
operations separately from continuing operations for all periods presented.

The continuing  operations are composed of engineering  support services,  which
are located in the United  States.  This business is a provider of  geotechnical
and materials analysis and testing and environmental services such as regulatory
compliance planning, field data collection, laboratory analysis, data evaluation
and  interpretation,  and  waste  site  cleanup  planning.  Engineering  support
services are generally provided as a specific service to owners, sub-contractors
of a general  contractor or a sub-contractor of a sub-contractor of construction
and construction related projects.

5
<PAGE>
The operating results of the discontinued operations were as follows with the
2001 results including operations through the date of sale:
<TABLE>
<CAPTION>

                                     As of and For the Quarters              As of and For the Nine Months
                                         Ended September 30                       Ended September 30
                                      2001                2000                 2001                 2000
                               ------------------- -------------------- -------------------- -------------------
<S>                            <C>                 <C>                  <C>                  <C>
Net fees                        $           --        $     21,770         $     33,313        $     67,319
Gross profit                                --              10,178               15,079              31,864
Operating income                            --                 337                  496               2,895
Net income                                  --                 172                  403               1,559
</TABLE>


Net assets of the discontinued operations at December 31, 2000 were as follows:

Cash                                                          $        4,647
Billed fees receivable, net                                           25,062
Unbilled work in progress                                             15,103
Other current assets                                                   3,208
Property, plant & equipment, net                                       3,553
Intangible assets, net                                                10,751
Other assets                                                           1,479
Short term borrowings                                                 (2,051)
Accounts payable and accrued expenses                                (11,967)
Billings in excess of costs                                          (15,219)
Long term debt                                                        (4,400)
Deferred income taxes                                                   (679)
Minority interest in equity                                             (132)
                                                              ---------------
                                                              $       29,355
                                                              ===============

6
<PAGE>
<TABLE>
<CAPTION>
NOTE 6 - Computation of Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per
common share:

                                                                    For the Quarters Ended              For the Nine Months Ended
                                                                          September 30                        September 30
                                                               ---------------------------------------------------------------------
                                                                     2001             2000               2001               2000
                                                               ----------------------------------- ---------------------------------
<S>                                                            <C>                    <C>          <C>                <C>
Numerator:
   Income from continuing operations                             $   3,520        $   2,947         $   5,127           $    6,145
   Preferred stock dividends and accretion                            (282)            (282)             (846)                (846)
                                                               ----------------------------------- ---------------------------------
   Numerator for basic earnings per common
      share -  Income from continuing operations
      available to common  shareholders                              3,238            2,665             4,281                5,299
   Numerator for basic earnings per common share - Income
      (loss) from discontinued operations available to common
      shareholders                                                      (8)             172           (12,286)               1,559
                                                               ----------------------------------- ---------------------------------
   Numerator for basic earnings per common share - Net income
      (loss) available to common shareholders                    $   3,230        $   2,837         $  (8,005)          $    6,858
                                                               =================================== =================================

   Effect of dilutive securities:
   Income from continuing operations                             $   3,238        $   2,665         $   4,281           $    5,299
   Preferred stock dividends and accretion                             282              282                --                  846
                                                               ----------------------------------- ---------------------------------
   Numerator for diluted earnings per common
      share -  Income from continuing
      operations available to common shareholders                    3,520            2,947             4,281                6,145
    Numerator for diluted earnings per common share - Income
      (loss) from discontinued operations available to common
      shareholders                                                      (8)             172           (12,286)               1,559
                                                               ----------------------------------- ---------------------------------
   Numerator for diluted earnings per common share - Net
      income (loss) available to common shareholders             $   3,512        $   3,119         $  (8,005)          $    7,704
                                                               =================================== =================================

Denominator:
   Denominator for basic earnings per common
      share - Weighted-average shares                                2,616            2,611             2,616                2,614

   Effect of dilutive securities:
      Employee Stock Options                                           131              147               148                  154
      Other Stock Options                                               51               66                57                   68
      Cumulative Convertible Redeemable
            Preferred Stock and associated Common
            Stock Warrants                                             963              963               594                  963
                                                               ----------------------------------- ---------------------------------
   Dilutive potential common shares                                  1,145            1,176               799                1,185
                                                               ----------------------------------- ---------------------------------
   Denominator for diluted earnings per common
      share - Adjusted weighted-average shares                       3,761            3,787             3,415                3,799
                                                               =================================== =================================

Earnings per common share - basic:
   Continuing operations                                          $   1.24         $   1.02          $   1.64            $    2.03
   Discontinued operations                                            (.01)             .07             (4.70)                 .59
   Net income (loss)                                                  1.23             1.09             (3.06)                2.62

Earnings per common share - diluted:
   Continuing operations                                          $    .94         $    .78          $   1.25            $    1.62
   Discontinued operations                                            (.01)             .04             (3.59)                 .41
   Net income (loss)                                                   .93              .82             (2.34)                2.03
</TABLE>
7
<PAGE>
ITEM 2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF RESULTS OF  OPERATIONS  AND
FINANCIAL CONDITION

The following table sets forth, for the quarters and nine months indicated,  (i)
the  percentage  of net fees  represented  by  certain  items  reflected  in the
Company's  condensed   consolidated   statements  of  operations  and  (ii)  the
percentage  increase or decrease in each of these items in the 2001 periods from
the  comparable  periods in the prior year.  The Company  measures its operating
performance  on the basis of net fees since a substantial  portion of gross fees
flow through to clients as costs of  subcontractors  and other  project-specific
outside services. Net fees are determined by deducting the cost of these outside
services from gross fees.  The  following  table and the  subsequent  discussion
should  be  read  in  conjunction  with  the  Condensed  Consolidated  Financial
Statements and Notes to Condensed  Consolidated  Financial  Statements contained
elsewhere in this Form 10-Q.

On May 3,  2001,  the  Company  completed  the sale of its  turnkey  engineering
services segment provided by its  International  business to Jacobs  Engineering
Group,  Inc.  The  transaction  was  consummated  pursuant  to a Stock  Purchase
Agreement  dated  April 28,  2001.  These  operations  have been  classified  as
discontinued  operations in the condensed  consolidated financial statements and
in the following discussion.

<TABLE>
<CAPTION>
                                                                    Qtr to Qtr                                             YTD
                                                                      Dollar                                             Dollar
                                          Quarters Ended             Increase          Nine Month Periods Ended         Increase
                                           September 30             (Decrease)              September 30               (Decrease)
                                     -------------------------    ----------------    ---------------------------   ----------------
                                        2001          2000         2001 vs. 2000         2001           2000         2001 vs. 2000
                                     -----------   -----------    ----------------    ------------   ------------   ----------------
<S>                                  <C>           <C>            <C>                 <C>            <C>            <C>
Net fees                                100.0%        100.0%             5.9%             100.0%         100.0%             6.5%

Gross profit                             61.0%         63.3%             2.0%              61.0%          63.4%             2.6%

Indirect costs and
  expenses                               51.0%         52.8%             2.2%              55.5%          56.1%             5.4%

Operating income from continuing
  operations                             10.0%         10.5%             0.1%               5.6%           7.3%           (19.0%)

Income after tax from continuing
  operations                              7.5%          6.6%            19.4%               3.7%           4.7%           (16.6%)

Income (loss) from discontinued
  operations                                 --         0.4%          (104.7%)             (8.9%)          1.2%          (888.1%)

Net income (loss)                         7.5%          7.0%            12.6%              (5.2%)          5.9%          (192.9%)

</TABLE>

RESULTS OF OPERATIONS

For the first nine  months of 2001,  a $12.7  million  loss on the  disposal  of
discontinued  operations  (discussed  below) lead to a net loss of $7.2 million.
For the third quarter of 2001,  the Company  recorded net income of $3.5 million
($1.23 per common share - basic and $0.93 per common  share - diluted)  which is
an increase  from net income of $3.1  million in 2000 ($1.09 per common  share -
basic and $0.82 per common share-  diluted).  For the first nine months of 2001,
the Company  recorded a net loss of $7.2 million  ($3.06 loss per common share -
basic and $2.34 loss per common  share - diluted)  which is a decrease  from net
income of $7.7  million in 2000  ($2.62  per common  share - basic and $2.03 per
common share - diluted).

Continuing Operations

The Company  continues  to  concentrate  on growing its net fees and  increasing
project wins.  Net fees  increased 5.9% from $44.5 million for the third quarter
of 2000 to $47.1 million for the same period in 2001.  For the first nine months
of 2001,  net fees  increased 6.5% from $129.6 million for the first nine months
of 2000 to $138.0 million.

8
<PAGE>

The gross  profit  margin of 61.0% for the third  quarter  of 2001  reflected  a
decrease  compared  to 63.3% for the same  period of 2000.  For the nine  months
ended  September  30, 2001,  the gross profit  margin of 61.0% also  reflected a
decrease  compared  to 63.4%  for the same  period  of 2000.  Gross  profit  was
adversely  affected  by project  labor  inefficiencies  experienced  on specific
projects  and in  certain  regions of the  United  States  during the first nine
months of 2001.

Indirect  costs  and  expenses,   which  includes  the  non-billable   labor  of
professional  staff,  operations  support  personnel  as well as  administrative
support functions,  were $76.6 million, or 55.5% of net fees, for the first nine
months of 2001,  compared with $72.6 million, or 56.1% of net fees, for the same
period in 2000. Indirect expenses for the first nine months of 2001 include $1.0
million of  severance  recorded  to bring  labor  costs back into  balance  with
current needs.  Indirect costs and expenses were $24.0 million,  or 51.0% of net
fees, for the third quarter of 2001,  compared with $23.5  million,  or 52.8% of
net fees,  for the third quarter of 2000.  The  improvement  in third  quarter's
indirect costs and expenses reflect management's efforts to maintain appropriate
levels of labor and support expenses.

Interest  income was $0.5  million and $0.1  million  for the third  quarter and
first nine months of 2001,  respectively.  This compares to interest  expense of
$0.4 million for the third quarter and $0.7 million for the first nine months of
2000. In the third quarter, the Company recorded interest income of $0.3 million
from prior  years' tax refunds  generated  from  research  and  development  tax
credits and $0.1 million from the interest  earned on cash  maintained  from the
sale of the  International  business in the second quarter.  Additionally,  $0.1
million of  deferred  gain from the  termination  of an  interest  rate swap was
recognized  coincident with debt extinguishment at the beginning of the quarter.
The company has had no debt,  short term or long term,  since the  beginning  of
July, 2001. The average debt balance for the first nine months of 2001 decreased
to $10.4 million compared to $22.7 million for the first nine months of 2000.

The effective  income tax rate was 32.0% and 34.0% for the third quarter and the
first nine months of 2001,  respectively.  This  compares to 31.3% and 29.4% for
the third  quarter and the first nine months of 2000,  respectively.  The annual
effective income tax rates benefited from  anticipated  research and development
credits  and, in 2000,  adjustments  for balance  sheet tax  accruals  that were
deemed to be no longer necessary.

For the third  quarter of 2001,  the Company  recorded  income  from  continuing
operations of $3.5 million  ($1.24 per common share - basic and $0.94 per common
share - diluted)  which is an  increase  from $2.9  million  in 2000  ($1.02 per
common share - basic and $0.78 per common  share-  diluted).  For the first nine
months of 2001, the Company  recorded income from continuing  operations of $5.1
million  ($1.64 per common  share - basic and $1.25 per common  share - diluted)
which is a decrease  from $6.1  million in 2000 ($2.03 per common  share - basic
and $1.62 per common share - diluted).

Discontinued Operations

In the second quarter of 2001, the Company recognized a loss of $12.7 million on
the sale of its  International  operations.  The loss consisted of $12.5 million
from the reclassification of the accumulated foreign currency translation losses
previously  included as a separate  component of  shareholders'  equity and $0.2
million loss on the sale. The proceeds from the sale of $26.8 million, less $5.0
million held in escrow, were used to liquidate all outstanding debt obligations.

Discontinued  operations  net fees in 2001 were $33.3 million with net income of
$0.4 million.  For the third quarter of 2001, the Company recorded an additional
$8  thousand of expense due to the  transaction  ($0.01 loss per common  share -
basic and $0.01 loss per common share - diluted) which is a decrease from income
of $0.2  million in 2000  ($0.07  per common  share - basic and $0.04 per common
share- diluted).  For the first nine months of 2001, the Company recorded a loss
from  discontinued  operations of $12.3  million  ($4.70 loss per common share -
basic and $3.59 loss per common share - diluted) which is a decrease from income
of $1.6  million in 2000  ($0.59  per common  share - basic and $0.41 per common
share - diluted).

FINANCIAL CONDITION

Cash  provided by continuing  operations  over the first nine months of 2001 was
$6.5 million as compared to cash used by operations  of $0.6 million  during the
first nine months of 2000.  This increase was primarily due to improved  working
capital management.

Capital  expenditures  during the first  nine  months of 2001 and the first nine
months of 2000 were $2.1  million and $3.0  million,  respectively.  In order to
continue to enhance  productivity the Company has continued,  and will continue,
its  capital   spending   programs,   particularly   for   computers  and  other
technology-related  equipment.  The Company  believes that the capital  spending
amount  allowed by its credit  facility ($7.0 million per year) is sufficient to
meet foreseeable requirements.

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<PAGE>
Cash  balances  increased  significantly  to $13.3 million at September 30, 2001
from $2.3 million at December 31, 2000 as a result of the net proceeds  from the
sale of the International  business.  A portion of the proceeds from the sale of
discontinued  operations was used to repay  outstanding  debt. As a result,  the
Company  reported  no  short-term  borrowings  or debt at  September  30,  2001,
compared to $14.9 million at December 31, 2000.  The Company  believes  that, in
addition  to  strengthening  its  balance  sheet,  the sale and  resulting  cash
balances position the Company to invest in higher return opportunities.

While the Company anticipates continuing capital requirements to support growth,
expansion of services,  and capital expenditures,  the Company believes that its
cash balances,  cash provided by operations and borrowings  available  under its
credit facility will be sufficient to meet its  requirements for the foreseeable
future.

The Company's 401(k) Savings Plan (the "Plan")  permitted  employees to elect to
invest their Plan  contributions  in Company Common Stock, and provided that the
Company's matching contributions,  if any, under the Plan be made in the form of
Company Common Stock.  As of May 10, 1996, the Board of Directors of the Company
decided to terminate the use of Company Common Stock under the Plan,  whether as
employee  contributions  or as Company matching  contributions.  Consistent with
that  decision,  employees  are allowed to trade out of (but not into) shares of
the  Company's  Common  Stock  held in  their  individual  401(k)  accounts,  in
accordance  with Plan  provisions.  Over the first  nine  months of 2001,  3,504
shares were traded out of the Plan totaling approximately $98,500.

Cash dividends on Common Stock have been and continue to be prohibited under the
current and  previous  bank credit  facilities.  As required by the terms of the
Company's  outstanding  Cumulative  Convertible  Redeemable  Preferred Stock and
permitted by the credit  facility,  the Company paid dividends to the holders of
the Preferred Stock. For the third quarter,  dividends totaled $0.2 million,  or
$0.21 per  preferred  share.  For the nine  months  ended  September  30,  2001,
dividends totaled $0.6 million, or $0.62 per preferred share.

General  economic  inflation  had the effect of increasing  the Company's  basic
costs of operations.  These  increased  costs were generally  recovered  through
increases in contract prices.

Forward  Looking  Statements  - This  Quarterly  Report  on Form  10-Q  contains
"forward-looking  statements"  within  the  meaning  of the  Private  Securities
Litigation  Reform Act of 1995 which  represent  the Company's  expectations  or
beliefs.  These  statements  by  their  nature  involve  substantial  risks  and
uncertainties,  certain of which are beyond the Company's  control.  The Company
cautions  that  various  factors,  including,  but not  limited  to, the factors
described in the Company's filings with the Securities and Exchange  Commission,
the uncertain timing of awards and contracts,  increasing competition by foreign
and domestic competitors,  general economic and regulatory conditions in each of
the geographic  regions served by the Company,  industry trends, and other risks
could cause actual results or outcomes to differ materially from those expressed
in any forward-looking statements.

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is exposed to various  types of market risks in the normal course of
business,  including the impact of interest rate changes.  For a description  of
these  market  risks,  see  "Management's  Discussion  and Analysis of Financial
Condition and Results of  Operations"  in the Company's Form 10-K. At the end of
the third quarter 2001, however, the Company has no debt recorded on its balance
sheet.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The Company's  Annual Meeting of Shareholders was held July 30, 2001 in Atlanta,
Georgia for the purpose of considering and voting on a proposal (the "Proposal")
to elect six (6)  directors  to serve on the Board of  Directors  of the Company
until the 2002 Annual  Meeting and until their  successors  are duly elected and
qualified.

The votes for the Proposal are detailed below:

Directors                                 For        Withheld
---------                                 ---        --------
Bruce C. Coles                           1,579,732     140,485
Robert B. Fooshee                        1,582,210     138,007
Walter T. Kiser                          1,652,295      67,922
Steven Muller                            1,641,643      78,574
Clay E. Sams                             1,658,014      62,203
John Y. Williams                         1,647,437      72,780

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<PAGE>
PART II.  OTHER INFORMATION

ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K

                  (a) Exhibits

                         10.28 Second Amendment to Credit Agreement dated
                         March 10, 2000 by and among the Company, Bank of
                         America National Trust and Savings Association, and
                         Bank of America, FSB.

                         10.29 Third Amendment to Credit Agreement dated May 3,
                         2001 by and among the Company, Bank of America
                         National Trust and Savings Association, and Bank of
                         America, FSB.


                  (b) Reports on Form 8-K

                         Current Report on Form 8-K, filed  September 7, 2001,
                         reporting under Item 5 the announcement of the change
                         of the  name of the  Company from LawGibb Group, Inc.
                         to Law Companies Group, Inc.



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<PAGE>
SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant,  Law Companies Group, Inc., has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.


LAW COMPANIES GROUP, INC.




/s/ Robert B. Fooshee
------------------------------------------------------------
Robert B. Fooshee
Executive Vice President, Chief Financial Officer and
Treasurer


Dated:    November 13, 2001


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