Sole Provider Trend: Alive and Kicking?

Today, less than half of larger firms retain both LexisNexis and Westlaw.

When we last surveyed information services professionals in 2016, here is how that data looked:

We were curious when we launched the 2019 Legal Information Vendor Market Survey how this panned out for the law firms – and from the data we are gathering so far, the sole provider trend is still very much alive at 54%.  Even more importantly, however, firms that have gone sole provider are more satisfied with the remaining vendor as shown below:

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