Cost Savings Solutions for Corporate CounselReduce law department costs and increase efficiency

2

Your Business Partner’s Concerns Are Your Legal Team’s Challenges

Business Partner’s Concerns Your Legal Team’s Challenges

Take Control• Efficient team work – in-house and outside counsel• Better due diligence• Control litigation costs

Uncover All Critical Information• Comprehensive facts• Time-saving tools and analysis• Knowledgeable support teams

Manage Litigation• Financial and business costs• Impact on brand and reputation• Time and distraction

Make Informed Decisions• Overwhelming data on WWW• Discern good info from bad• Complex analysis required

Improve Your Efficiency• Control all matters• Manage in-house and outside counsel spend• Executive reporting on key cases, status, and issues

Expert Guidance on Complex Issues• Work must be bulletproof• CEO/Board must be kept informed• Productivity must increase

Control Costs• Where is the money going

What is the queue / workload• Economic pressure• Alternatives (e.g. offshoring)

Mitigate Risk & Show Compliance• Globalization• Pace of new regulations• Higher fines• Contracts and transactions

Research Solutions

Litigation Solutions

Compliance Solutions &Practice Area Solutions

Counsel Management

3

Key Budget Challenges and Cost Control Strategies

Challenges Strategies

Increased demand for law department services due to rising litigation volume and regulatory changes

Proliferation of electronic information greatly expanding cost and scope of discovery process

Forced budget cuts due to economic downturn

Ever-changing regulations require regular monitoring and risk assessment

Moving more work in-house

Utilizing more technology

Implementing alternative fee arrangements and/or consolidating providers

Increasing utilization of non-attorney personnel

4

Strategy: Moving Work In-House

Why How LexisNexis Can Help

Develop cost-effective and sustainable processes•Roughly 50% of legal department budgets goes to outside counsel, the largest budget item.1

•75% of corporate legal departments are facing budget cuts averaging 11.5% in 2009.2

•Outside counsel spending is shrinking by nearly 7% in 2009, the first decline in recent years.3

•Assess and plan your cases, organize your team, and centralize all critical information and knowledge in a single place with CaseMap®.

•Control costs and collaborate with outside counsel as you manage and review the high volume of data generated during discovery with Concordance®.

•Get faster access to the most relevant document sets–at a fraction of the cost–with production-level imaging and electronic discovery processing from LAW PreDiscovery.

•Quickly get up to speed on any area of law with expert analysis, 50-state surveys, practice checklists and forms.

•Access more than a dozen topical and practice area centers with relevant legal, news, public records and analytical resources from Lexis® Transactional Advisor.

1: Inside Counsel, March 20092: Altman Weil, November 20083: BTI, May 2009

Hurdles

•Tackling specialties not previously handled.

•Experiencing difficulties in managing litigation work in conjunction with outside counsel.

•Empowering paralegals and other legal staff to take on more of the day-to-day, simple research requests.

5

Strategy: Utilizing More Technology

Why How LexisNexis Can Help

Leverage tools to create efficiencies and reduce costs

Hurdles

•Currently using a variety of software or paper-based systems for tracking matters, tasks and expenses.

•Possibly involving IT department in implementation.

•Exploring integration requirements to other back office systems.

•37% of law departments are utilizing more technology as a cost control measure.1

•Nearly half of law departments are keeping at least some e-discovery activities in-house. 2

•Collaboration and knowledge management tools allow the law department to be more efficient and reduce duplication of work.

•E-billing and matter management allows law departments greater control over spending.

1: Inside Counsel, March 20092: Fulbright & Jaworski 2009 Litigation Trends Survey

•Save time and money with a variety of customizable, printable reports from CaseMap that showcase your success.

•Simplify discovery management and lower processing costs and document review time by up to 80% using Concordance and LAW PreDiscovery together.

•Get 100% participation in legal spend management with CounselLink.

•Research the world’s largest patent collection, and draft higher quality patent applications much faster with TotalPatent and PatentOptimizer.

•Manage and evaluate the diversity performance of outside counsel on an individual or aggregate firm basis with Lexis® Diversity Insight.

•Transform frequently used documents such as legal forms, policies, contracts, and proposals into reusable and compliant templates with HotDocs®.

•Halve the number of steps to perform research with Lexis® Search Advantage.

6

Strategy: Implementing Fee Arrangements/Convergence

Why How LexisNexis Can Help

Reduce and manage outside counsel spend and improve collaboration

Hurdles

•Time consuming process of negotiating with several firms.

•Lacking criteria for measurement and evaluation.

•Could affect long-standing relationships with outside counsel partners.

1: Corporate Counsel/LexisNexis CounselLink study, February 20092: Hildebrandt3: Fulbright & Jaworski 2009 Litigation Trends Survey4: GCR Recession Survey, 2009

•67.7% of law department managers feel pressure to reduce spending on outside counsel.1

•54% of companies have completed, embarked on or plan to explore implementation of a convergence plan.2

•35% of corporate counsel say the economic crisis has led to an increase in the use of alternative fees.3

•Companies that report being effective at fixed fees report having up to 25% lower legal spend.4

•Utilizing the industry-leading legal spend and matter management platform, CounselLink accepts bills from all of your law firms – even those that cannot bill electronically through your e-billing system – capturing 100% of your data.

•Tap into the widest global online network of legal professionals at martindale.com®, where corporate counsel can easily select and manage outside counsel, access decision support and professional development tools, and collaborate with peers – used by 9 of 10 corporate counsel.

•Access the premier online legal network where corporate counsel and law firm attorneys connect at Martindale-Hubbell® Connected.

7

Strategy: Increasing Dependence on Support Personnel

Why How LexisNexis Can Help

Get your team up-to-speed with expert content, personalized training and time-saving tools

Hurdles

•Educating employees to use new tools and systems.

•Effectively reusing internal work product.

•No set standards for tasks and workflow processes.

1: Inside Counsel, March 2009

•Law departments are utilizing support staff and paralegals to do additional types of work to better leverage their highest paying resources.

•84% of law departments have maintained or increased their number of paralegals and support staff in the last three years.1

•Access to the most court-cited analytical content: Matthew Bender® titles are cited by courts 20% more than competing titles from West®.

•Find over 40,000 forms, both topical and jurisdictional, many of them fillable to save you time.

•Use Mealey’s reports that summarize regulations and highlight industry trends for benchmarking and best practices.

•Schedule one-on-one or group trainings on topics of your choice, plus access customer support 24/7.

•Get your staff on the same page by turning your best documents into interactive templates that produce customized docs for a variety of needs with HotDocs.

•Find and leverage internal work product and trusted content from LexisNexis with Lexis Search Advantage.

•Set alerts tapping the world’s largest collection of news & business information, public records, court dockets, practice area specific content and expert commentary.

8

Cost Savings Solutions for Corporate Counsel –Next Steps

• Develop cost-effective and sustainable processes• Leverage tools to create efficiencies and reduce costs• Manage and reduce outside counsel spend and improve collaboration• Get your team up to speed with expert content and time-saving tools

How can LexisNexis help you?

Your Dedicated Account Team• Contact 1• Contact 2• Contact 3

Competitive information based on data available as of March 2009.LexisNexis, the Knowledge Burst logo, Lexis, Martindale-Hubbell, martindale.com are registered trademarks of Reed Elsevier Properties Inc., used under license. Concordance and CaseMap are registered trademarks and Mealey’s, TotalPatent, PatentOptimizer and PreDiscovery are trademarks of LexisNexis, a division of Reed Elsevier Inc. Matthew Bender is a registered trademark of Matthew Bender Properties Inc. HotDocs is a registered trademark of Matthew Bender & Company, Inc. CounselLink is a trademark of LexisNexis Examen, Inc. Other products and services may be trademarks or registered trademarks of their respective companies. Copyright 2009 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.