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Choosing the Best Pricing 1 Option Transactional Pricing vs. Hourly Pricing 1 Prices as of 1/15/2004.

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Presentation on theme: "Choosing the Best Pricing 1 Option Transactional Pricing vs. Hourly Pricing 1 Prices as of 1/15/2004."— Presentation transcript:

1 Choosing the Best Pricing 1 Option Transactional Pricing vs. Hourly Pricing 1 Prices as of 1/15/2004

2 Choosing Transactional or Hourly Pricing More Location& Pricing Billing Methods Choose Options from the More drop-down list on the toolbar. Click Location & Pricing in the left frame. Select your choice of billing methods. Sign off then back on Westlaw for the change to take effect. Choose Ask at Sign On if your pricing choice will change often. Options

3 Transactional Pricing With transactional pricing you incur a charge for each transaction that you complete. Transactions include –running a search in a database –retrieving a document using find –retrieving a document using a hypertext link –using KeyCite ® The following are free when you use transactional billing –Locate requests –Documents in Sequence

4 A Find request is $5.50. Each KeyCite transaction is $4.25. Transaction costs for searches vary by database. For example, in the Minnesota Cases database (MN-CS), a search is $44. Use transactional pricing if you –plan to run only a few searches –will retrieve many documents –will spend time reading documents online –want to spend more than a minute or two in SUBSCRIBER or IDEN databases the Westlaw Directory the Options Directory Scope

5 Advantages of Transactional Pricing Predictable Browse search results online for as long as you like Multitask without worrying about time spent online; for example, you can switch between word-processing documents and Westlaw, copying and pasting as needed Some services and databases are free in transactional pricing: –SUBSCRIBER and IDEN databases – the Westlaw Directory and Options Directory –Scope

6 Hourly Pricing With hourly pricing you are charged by how much time you spend searching or browsing a database. Pricing includes –database charges, which depend on the database and your Westlaw subscription plan. Most databases fall within the $15 to $75 a minute range. –connect time charges –communication charges

7 Hourly Pricing Use hourly pricing when you plan to –run multiple searches –check a number of citations in KeyCite –retrieve many documents using Find – not spend a lot of time reading online –spend only a short time on Westlaw –run your search in multiple databases.


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