January 20, 2010 (FinancialWire) — Dolan Media Co. (NYSE: DM) has named Gary H. Stern to its board of directors, effective January 15, 2010. Stern formerly served with the Federal Reserve Bank, both in Minneapolis and New York, including a stint as chairman of the Federal Reserve’s financial services policy committee.

Stern served as the president and chief executive officer of the Federal Reserve Bank of Minneapolis from 1985 until his retirement in 2009, serving under Federal Reserve chairmen Paul Volcker, Alan Greenspan and Ben Bernanke. He joined the Federal Reserve Bank of Minneapolis as its senior vice president and director of research in 1982.

Prior to 1982, Stern was a partner in a New York based consulting firm and also spent seven years at the Federal Reserve Bank of New York. He has also served on the faculties of Columbia University, Washington University and New York University.

Minneapolis-based Dolan Media company is a provider of professional services and business information to the legal, financial and real estate sectors. Its Professional Services Division provides specialized outsourced services to the legal profession through its subsidiaries, NDeX, DiscoverReady and Counsel Press. NDeX is a provider of mortgage default processing services in the United States. DiscoverReady provides outsourced discovery management and document review services to major United States companies and their counsel. Counsel Press is the nation’s largest provider of appellate services to the legal community. The company’s Business Information Division publishes business journals, court and commercial media and other highly focused information products and services, operates web sites and produces events for targeted professional audiences in each of the 21 geographic markets that it serves across the United States.

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