New tool from LexisNexis offers help with litigation budgets and forecasting

Law firms can benchmark data, allowing general counsel to forecast the cost of litigation

Legal research and business information database company LexisNexis has a launched a new product for law firms to rate benchmarking data which will allow general counsel to forecast the cost of potential litigation in order to make informed decisions with strategy.

LexisNexis Counsel Benchmarking provides analytics for matter costs, hourly rates and alternative fee arrangements (AFAs), based on data pulled from millions of legal invoices. The product is offered to Lexis Advance customers via subscription

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Alexis Harrison

Alexis Harrison is a Connecticut-based writer and public relations professional whose career spans both print journalism and broadcast news. Alexis started her professional life as...

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