Report: Financial research for law firms

Focus on Capital IQ and Thomson ONE

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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 relied on legal information professionals to help us assess two leading financial data platforms—Thomson ONE (and its likely replacement Eikon) from Thomson Reuters and Capital IQ from Standard & Poor’s. The purpose of this report is to provide guidance on making the right choice by summarizing information like content, features, ease-of-use and cost considerations.

By gathering advice and information, you can determine whether it’s better to err on the side of having more than you need at a higher cost, or to streamline in order to simplify and reduce expenses.