Legal News One of the most surprising developments of 2020 was the new focus on Legal News. ALM launched an innovative new alerting services called Law.com Radar which originally launched as (Legal Radar). Here are links to the posts I wrote about  Law.com radar in February and November 2020. Westlaw although owned by the Thomson Reuters news organization had ignored the legal news market they launched Westlaw Today in 2020.  (The predecessor company West Publishing had made short lived attempt  with a product called Westlaw News sometime in the 1980s.) Fastcase which bought Law Street Media began publishing legal news which leveraged data harvested from their Docket Alarm analytics product. ( A new Lexis News offering Law360 Pulse which launched  in January 2021 was not included in this survey but will be included in the 2021 survey.)

Best Legal News Product: ALM’s Law.com Radar

Legal Marketplaces It has become nearly impossible to test and track all the new legal technology tools that flood the market each year. In addition, existing tools are transformed with powerful new functionality. Enter the legal marketplace – a new category of legal resource
Continue Reading What’s Hot and What’s Not 2020-21 Survey: ALM Law.com Radar Voted Best Legal News Product and Thomson Reuters Legal Home Best Marketplace

OK I am going to say it yet again. Legal news is Hot!. It is only the first week of January and I am announcing the third important change in the Legal News market in three days. On Sunday ALM announced that they were continuing their licensing agreement with Lexis on a non-exclusive basis. Today

Today American Lawyer Media and LexisNexis announced the extension of their strategic alliance with a new content agreement. According to the press release, the agreement “lays the groundwork for expanding the integration of ALM content within LexisNexis legal research solutions.”

LexisNexis and ALM,  have an an exclusive agreement since 2011,  which made ALM’s iconic content including The American Lawyer, Corporate Counsel, The National Law Journal, Legaltech News, New York Law Journal and other specialty publications available through the Lexis+ and Lexis® legal research solutions and Nexis® Newsdesk. This extension ensures that current news from ALM will continue to be available to LexisNexis customers.

Breaking News: I also received an exclusive statement from Richard Caruso, General Manager, Global Legal News, ALM, stating that “Lexis no longer has an exclusive to our content archive, allowing us to open up licensing opportunities with other Legal research providers;  we are planning on announcing a new agreement very soon.”

What this means for Lexis and ALM subscribers:

  • Subscribers can now have a license with ALM that is not tied to their LexisNexis contract.
  • ALM will be handling their own sales and not relying on LexisNexis sale reps to manage their customer relationships.
  • ALM will soon be announcing that ALM content will be available though a second Legal research platform.

Market Impact This will offer some relief ALM 100 law firms who are  are rebelling against LexisNexis’ increasingly aggressive tying
Continue Reading Breaking News: ALM Ends Exclusive Relationship with LexisNexis While Extending LexisNexis Alliance

We were all blindsided as 2020 unfolded, yet the momentum of technological change and innovation assured a steady stream of new products. I have identified five trends, which I have divided into three categories: unforeseeable, continuing and surprising.

The trends I believe are worth noting — Unforeseeable: COVID-19 impacts; Predicable: state court analytics and innovative workflow tools; Surprising: legal news re-emerges as a competitive focus among major legal publishers and tech marketplaces emerge.

Unforeseeable: COVID-Related Trends

COVID alone triggered four subtrends:

  • The emergence of local law and ephemeral publications. Major legal vendors were no more prepared to track county level health department issuances and Governors’ executive orders than the average law firm. To make things worse these “documents” were issued in a myriad of social media formats, texts, tweets, Facebook pages … . What’s a law firm to do?
  • Librarians and KM professionals stepped into the vacuum and established protocols for locating and harnessing the untidy universe of COVID-19 ephemera.
  • Law firms became publishers of original COVID-19 resources (leveraging the local documents harnessed by librarians).
  • Legal publishers turned out an unprecedented number of free legal resources covering COVID-19 issues. I covered this trend in an earlier ATL post.

Continuing Trends: State Court Analytics And Workflow Tools

Workflow Tools

Continue Reading 5 (Unforeseeable, Predicable, And Surprising) Legal Tech Trends In 2020

American Lawyer Media (or more precisely, Steven Brill the founder of the American Lawyer) pioneered the collection of law firm data in the mid-1980’s with the publication of the first Amlaw 100 list.  For better or for worse, the  ALM rankings have driven decision making in the legal market for almost 40 years. I wrote an historical review of ALM in the last time ALM was sold to an investor consortium the Wasserstein Group in 2014 . I am happy to see that the new owners have demonstrated an ongoing commitment to leveraging ALM’s unique data assets to help law firms navigate
Continue Reading American Lawyer Media Releases Law Firm Merger and Lateral Modeling Tool: Let the Scenario Planning Begin