Spend Those Year-End Reserves on Help for 2018

By Michael Feit | Benchmarking

Nov 30

If you are fortunate, you may have leftover dollars on some of your budget lines. Think about how you will spend those year-end reserves to best set yourself up for 2018. Spending remaining 2017 reserves wisely can prove to a great investment in the future.

Provided here are quick, year-end solutions that offer excellent Return on Investment for your 2018 bottom line.

  • Benchmark your Lexis and Westlaw Contracts. Feit Consulting will evaluate your contracts, analyzing the Spend Per Attorney, geographical location, practice group mix, and other metrics to provide your firm or organization with a realistic view of how well your pricing and terms are.


  • Purchase rich resources specific to an anticipated 2018 project, such as Feit Consulting white-papers.  One of many white papers Feit offers on various legal information management needs is the Sole Provider Viability Decision Guide. This report provides clear steps to analyzing your strategy and evaluating whether vendor elimination is a good option for your firm or organization.


  • Schedule a Market Overview Presentation. Gain an understanding of current market trends including pricing stats, strategies and anticipated outcomes for your upcoming contract negotiations – presented in a 1 hour presentation by Feit Consulting Experts.

Contact Feit Consulting today to learn how we can address your legal information year-end needs, and 2018 goals. Click here to get started.

About the Author

Michael Feit earned his J.D. from the Loyola University School of Law in Chicago and was an executive at Westlaw before founding Feit Consulting 16 years ago. Feit Consulting partners with law firm administrators and legal information professionals to optimize vendor contracts and the management and delivery of legal information resources by providing leading-edge, customized solutions. Contact Michael at mike@feitconsulting.com