« How Do You Intend to Turn Strategy Into Tactics? 2010-2013 AALL Strategic Directions Statement Adopted | Main | Google Redesigns Search Results Page Display »
May 12, 2010
Cost Saving Estimate by Going With Only One Very Expensive Legal Search Vendor
31% of law firm librarians report law firms have or intended to move to single vendor for online legal research in 2009 compared to 12% in 2008 according to American Lawyer's 2009 law library survey. See Lexis or Westlaw No Longer a Blasphemous Question at BigLaw Firms (Sept. 9, 2009). About the single vendor issue, Toby Brown writes on 3 Geeks and a Law Blog that the "rising pressure from clients not to pass on these types of costs is making this decision more of a real option." His very conservative estimate is a law firm can save approximately 25%. "[A] decision to go to a single primary law access service will include a bit of work, but could lead to significant savings." See Toby Brown's post for details. [JH]May 12, 2010 in Electronic Resource, Law Firm News and Views, Legal Research, Publishing Industry | Permalink