For legal research companies, there’s no denying it: The market’s changing. But unlike other areas of the legal tech industry, which have responded to the dour economic climate with layoffs and cutbacks, legal research companies, for now, are in staying the course.
While many are confident that robust demand for their products will continue, they do see the market becoming more competitive as clients rein in their spending. Who is best positioned to appeal more to these cost conscious buyers is a matter of some debate. But there’s little question that some companies were well prepared from the get-go to weather months of COVID-19 disruptions. And that currently, the worst has not come to pass.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
