Monthly Archives: August 2016

Aug 10

Decline of Recovery Rates

By Michael Feit | Sole Provider , White Papers

___TVE_SHORTCODE_RAW__<p>Although there are likely several factors driving firms to choose a sole provider, there is a clear inverse relationship between the diminishing ability to recover online legal information costs and the movement to sole-provider.</p><p>Since recovery rates began decreasing in 2008, the percentage of sole-provider firms has been increasing correspondingly. The chart above illustrates this trend.</p><p>Learn more about these trends in our latest white paper, <em><strong><a href=”https://www.feitconsulting.com/trend-reports/westlaw-lexis-path-to-commoditization/”>Westlaw &amp; Lexis: Path to Commoditization</a></strong></em>.</p>__TVE_SHORTCODE_RAW___