Last week I attended a private press preview of Thomson Reuters latest enhancement to Westlaw Edge: Precedent
Analytics. Although Thomson Reuters was the first legal publisher to launch a legal analytics product aimed at librarians and marketers (The Thomson Reuters Intelligence Center); they were a very late to the “analytics for lawyers” party. For several years I predicted the imminent launch of a Thomson Reuters analytics product. In July 2018 a new platform Westlaw Edge was launched which offered litigation analytics based on 8 million federal dockets and 150 million state dockets. Since that launch they have continued to expand the motion filters available in Westlaw Edge. They currently offer filters on 23 motion types and more than 100 motion sub-types. Today they are launching a very different
Continue Reading Thomson Reuters Launches Precedent Analytics to Challenge Lexis Context (formerly Ravel Law)
Thomson Reuters
Welcome to the First Dewey B Strategic “Hits and Misses” Survey – What Did Legal Publishers Get Right/Wrong in 2018?
Today I am launching a new “Hits and Misses” survey which will replace the annual “Start Stop” Survey. The new survey is more structured and
should only take 5 to 7 minutes to complete. Please take a few minutes to share your insights on the state of legal publishing industry practices, products and technology. You can access the survey HERE.
This is an anonymous survey, however respondents who wish to be entered in a drawing to win an Amazon Echo have the option of including their name an contact information.
The survey will be open through January 31st.
What Did You Think About Legal Publishing and Tech Trends in 2018?
2018 was a tumultuous year for legal publishing and technology. Consider just a few of the key events. The American
Continue Reading Welcome to the First Dewey B Strategic “Hits and Misses” Survey – What Did Legal Publishers Get Right/Wrong in 2018?
The Most Popular Dewey B Strategic Posts of 2018
Normally the top blog posts are heavily weighted with posts which introduced readers to new products. While readers remained interested in innovative products, this year readers were also intensely interested in w legal
publishing and technology company layoffs, expansions, pricing policies and content strategies. What do these changes say about the state of the legal…
Readers Highlight More Thomson Reuters Products “At Risk” Following Layoffs
Thanks to the two professionals who provided comments for today’s post .
West KM and Drafting Assistant “I can attest that few have WestKM anymore and most have cancelled the product. Practical Law has taken the place of WestKM for many firms. with a vast collection of model documents and precedents. However, with the continued high pricing of PL, there has been an incremental wave of buyers canceling the product for the less favorable Practice Advisor. Several clients have also cancelled Drafting Assistant and are re-
Continue Reading Readers Highlight More Thomson Reuters Products “At Risk” Following Layoffs
Products “At Risk” Due to Thompson Reuters Layoffs – Readers Respond
In a recent post Thomson Reuters to Layoff 3,200 Staff Through 2020, Close Offices and Eliminate Products – Which Legal Products Might Die? I asked readers to provide their insights into the impact of Thomson Reuters layoffs on products and support.
Readers
have highlighted several products which they think are in jeopardy due to the recent layoffs at Thomson Reuters. Those products are eBillingHub, Monitor Suite,
Continue Reading Products “At Risk” Due to Thompson Reuters Layoffs – Readers Respond
Ho Ho Holiday Half Price Sale — Buy Your Dewey B Strategic Blog-o-zine While Supplies Last
The Dewey B Strategic Blog-o-zine is an easy access, guide to the evolving legal research marketplace. Get practical
guidance on assessing products and vendors. The book is a handy tool to help focus your time and your budgets on the best products for your firm’s practice needs. Enhance your understanding of technology trends, product releases,…
Thomson Reuters to Layoff 3,200 Staff Through 2020, Close Offices and Eliminate Products – Which Legal Products Might Die?
Less than three weeks ago Thomson Reuters announced layoffs that impacted many Thomson Reuters executives and staff who I have known for years. I had at least two conversations with high level executives at Thomson Reuters since that time who assured me that the layoffs were done. I suppose this means there was an unspoken…
Lex Machina Adds Contract Litigation Analytics Rebrands Commercial Module
Yesterday Lex Machina announced the launch of a newly expanded Contracts Litigation module which includes 45,000 new cases
which resulted in the awarding of $4 billion in damages. Lex Machina now offers insights into more than 130,000 commercial and non-commercial cases pending in federal district courts since 2009. New cases include individual, class action, and…
Changing the Subject from Layoffs – Thomson Reuters Celebrates 1,500 Westlaw Edge Subscribers – Still Faces Market Resistance and The Challenge of ROI.
Today Thomson Reuters issued a press release announcing that more than 1,500 organizations have upgraded from Westlaw to Westlaw Edge. I guess you can’t begrudge Thomson Reuters trying to change the subject. On Tuesday I wrote about the re-organization that Has led to the layoff of countless seasoned executives, managers and staff across the
organization.
I wish today’s press release provided more demographics about the 1,500 customers. It is not clear how that breaks down among government, corporate and law firm customers. Only two ALM 100 firms are named in the press release. There could be other ALM 100 firms which have a policy not to allow the firm’s name to be used in marketing materials.
I wrote about the significant new features offered in Westlaw Edge when it was released in July of this year. This new platform represents Thomson Reuters largest investment in Artificial Intelligence since 2010. Westlaw Edge features include advanced natural language answers, a completely new analytics product, an innovative new citation feature “Citation Risk Analyzer” and “Statutes Compare.”
New Features The press release also highlights that since the launch of Westlaw Edge in July Thompson Reuters has continued adding new content and functionality. New features
Continue Reading Changing the Subject from Layoffs – Thomson Reuters Celebrates 1,500 Westlaw Edge Subscribers – Still Faces Market Resistance and The Challenge of ROI.
Widespread Layoffs at Thomson Reuters Legal – Office Closings to Follow
If you have any friends at Thomson Reuters Legal – it is time to reach out and reconnect. Over the past few weeks multiple sources have confirmed to me that executives, managers and staff across TR have been “invited to find new employers.” Some of the people impacted have been fixtures in the legal publishing and tech industry for
Continue Reading Widespread Layoffs at Thomson Reuters Legal – Office Closings to Follow