19 May Three steps to navigate the pandemic economic recovery
The pandemic has upended the global economy at an unprecedented speed and scale that has forced every business to leave the complacency of the status quo behind. Don’t miss out on the information condensed into this report—we’re confident it will ease and enhance your efforts.
14 May The Doable Dozen of contract negotiations
In order to maximize cash flow and become as agile as possible to compete effectively and prepare for future shocks, we have put together a list of contract recommendations that we call The Doable Dozen.
03 Jan Report: Financial research for law firms
The legal industry is reliant on clean, actionable and timely financial intelligence, especially law firms with strong practice areas in the financial arena and firms in need of private company data, which is not as readily available as public company data. For this report, we…
31 May Survey: Do search algorithms matter?
LAC’s spend management services group, known as Chase Cost Management, surveyed a select number of law firm clients regarding legal research databases and some of the vendors that provide them. We’re happy to share the findings in this report, “Survey of search algorithms and other…
01 Dec Report: EIR client satisfaction survey results
LexisNexis, Westlaw and other electronic information resources run hundreds of thousands of dollars annually in subscription costs for large law firms and other enterprises. But, is hiring spend management consultants from LAC Group really worth it?
11 May Fact sheet: Spend less to run your business
Unfamiliar with indirect spend management or skeptical of the savings claims? LAC Group spend management has been saving law firms and businesses money for years, even the ones convinced they run lean.
18 Feb Fact sheet: Electronic information resources
Electronic information resources (EIR) from providers like LexisNexis, Thomson Reuters and Bloomberg can cost upwards of tens of thousands of dollars in annual subscriptions. And as the landscape fills with new products and vendors, law firms and corporations often spend more than necessary for the…
06 Feb Case study: Supermarket spending analysis
With average gross profits that hover at about 1%, there’s no room for waste in the grocery business. That’s why one multi-billion dollar supermarket chain is always looking for ways to streamline operations and control costs however possible. The grocer is both a back-office consumer…
11 Apr Report: In the beginning, there were two
In the beginning, there were two takes a look at the growth and evolution of information and research subscription services, beyond industry pioneers LexisNexis and Westlaw and other leading players like Bloomberg to numerous new and niche offerings. This report, developed by LAC Group’s spend…