Elevating Your Practice Management Webinar Series

Sponsored by the Primerus Law Practice Management Board

Elevating Your Practice Management Webinar Series

The Impact of Generative AI on Lexis and Westlaw's Pricing Practices:
Strategies to Reduce Cost

Thank you for everyone who was able to join us for the Elevating Your Practice Management Webinar on the topic of The Impact of Generative AI on Lexis and Westlaw's Pricing Practices:
Strategies to Reduce Cost. 

This session took a deep dive into the pricing practices of Westlaw and Lexis and provided strategies to reduce their costs with specific focus on minimizing the costs associated with upgrading to their AI platforms.

This session covered:

• Explain the pricing strategies of Westlaw and Lexis as they relate to AI upgrades

• Discuss how to determine where your firm's current rate(s) falls relative to market rates and why that is vital to the negotiation

• Provide specific tactics firms can immediately employ to minimize current rates and reduce costs to upgrade to AI

• Review real-life examples, showing the financial impact of effective negotiations on firms' Westlaw/Lexis rates

Speaker