
Lexis
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Lexis Advance is a SaaS legal research tool that provides access to over 60,000 legal, news, business, and public records sources. It features a modern design and allows users to conduct authoritative research and develop strategies for their legal matters or transactions. The service also includes Shepard's Citations Service to verify good law and can be accessed on any device.
Strengths
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Comprehensive legal research
Access to a vast database of legal information
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Advanced search capabilities
Ability to refine searches with specific criteria
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Integration with Microsoft Office
Seamless integration with Word and Outlook
Weaknesses
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Expensive subscription
High cost for individual users or small firms
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Steep learning curve
May take time to learn how to use all features effectively
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Limited international coverage
Primarily focused on US and UK law
Opportunities
- Potential to expand coverage to other countries
- Opportunity to collaborate with law firms for mutual benefit
- Potential to integrate with other legal software for enhanced functionality
Threats
- Rival companies offering similar services
- Changes in laws and regulations may affect the relevance of the database
- Risk of data breaches and cyber attacks
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Lexis Plan
Lexis offers tiered pricing plans based on the number of features and access to legal content, ranging from basic to premium.