See How LexisNexis Provided a 246% ROI

Three Years of Consistent Value and Savings.

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Did Lexis+ Users Really Experience a 246% ROI?

Yes. Here's How. According to A 2023 Forrester Consulting Total Economic Impact™ study commissioned by LexisNexis® found a 246% risk-adjusted ROI over 3 years, and a payback period of less than 6 months.

Eliminated Costs

Users saved money by consolidating all research needs into one platform and eliminating other contracts.

Reclaimed Work

By retaining work they previously had to delegate to third-parties or refer out.

Efficiency Gains

Users researched faster and transferred saved time to other billable work.

New Clients

Happy clients referred new clients, which Lexis+ users had more time to manage.

How 24/7 Support and Content Elevate Margins

Driving your Firm ROI up by 246% Requires Support: Here’s how Interviewees in the Forrester did it with LexisNexis®

  • Customer Service and Training: Get answers fast with 24/7 access to LexisNexis support

  • Transparent Pricing: Focus more on your research and less on hidden fees

  • State-Level Data: Access the content you need on a single, trusted platform

  • Extensive Secondary Content: Get integrated access to trusted secondary sources and other authorities

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So What Did Interviewees in the Forrester Study Have to Say?

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Have Questions about the Study?

How was the study conducted?

Forrester Consulting constructed a Total Economic Impact framework, which assesses cost, benefit, flexibility, and risk factors associated with investing in LexisNexis. This methodology is a multi-step approach that incorporates interviews, analysis of data, case studies, and financial modeling.

Who was interviewed?

Forrester Consulting interviewed four legal representatives from small to midsize firms across the U.S. with experience using LexisNexis. For the purposes of this study, Forrester aggregated the interviewees’ experiences and combined the results into a single composite firm with the following characteristics:

1. Has strong litigation and commercial law practice

2. Appears in federal and state courts

3. Has an operating profit margin of 40%

4. Has 31+ LexisNexis users

How did Forrester arrive at 246% ROI?

Using the methodology described in the previous answers, Forrester weighed total estimated quantifiable benefits over the span of 3 years against estimated cost. The benefit totals are risk-adjusted, accounting for factors like number of users, skill level, and data availability. *Benefits totals and ROI are risk-adjusted and measured over 3 years.

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