Bloomberg Industry Group

Subscribe to Bloomberg Industry Group via RSS
Today LexisNexis is announcing the launch of Lexis+ Litigation Analytics. Litigation Analytics does two things. It integrates analytics into the research and practical guidance  workflow.  Lexis+  now offers “enhanced analytics” from Lex Machina as well as state level analytics derived from CourtLink for the states that Lex Machina does not currently cover.
Karl Harris, C.E.O. of Lex Machina a offered me a demonstration of Lexis + Litigation Analytics.. Harris placed analytics within the context of the new workflow which was introduced with Lexis+.  Lexis+ includes a persistent navigation bar which today adds litigation analytics to the 3 original  pillars of,  Lexis + : workflow: research, practical guidance and brief analysis. The Lexis + home page  is designed around an inviting query “What would you like to research today”  hovering over a large search box.  Analytics are still fairly new to the average  lawyer’s toolkit and I think it is wise to remind lawyers about analytics throughout Lexis+ workflow experience..
Harris explained that the core goals of the Lexis+ enhancement was based on customer feedback which highlighted the importance of   accuracy confidence and efficiency in analytics products. In addition they wanted to  deliver an integrated product experience in what Lexis refers to as the Lexis+ ecosystem.

 Lexis+ Litigation Analytics offers the following types of insights:

  • Judge and court analytics: Contextualize understanding of federal district and state courts and judges.
  • Courts & Judges Comparator Quick Tool: Compare judge behavior and courtroom trends over time in federal district court.
  • Attorney and law firm analytics: Assess the experience of attorneys and law firms in federal district and state courts.
  • Counsel Comparator Quick Tool: Compare law firm and attorney performance based on actual results in federal district court.

Bifurcated Data: Enhanced Analytics and “everything else”

Continue Reading Lexis Adds Lex Machina and CourtLink Analytics to the Lexis+ Ecosystem

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

Last July Thomson Reuters quietly began the  transformation of  their Practitioners Insights publication into a full fledged legal news service called Westlaw Today.  I  met with  Zena Applebaum, director, Proposition Strategy Rebecca Ditsch – manager, Product Development and received a demo of Westlaw Today .Westlaw is owned by Thomson Reuters which also owns Reuters, the multi-media news agency. It is a total “no brainer” that Reuters should collaborate with Westlaw in bringing a legal news product to the market. (In fact, Westlaw did briefly launch a  short lived legal news service “Westlaw News” back in the 1980’s before it was purchased by Thomson Reuters). I think I share the sentiments of my  information professional colleagues when I say “what took so long?” Our next question will be can Westlaw Today challenge the LexisNexis dominance of the legal news market?

The Westlaw Today  platform will allow lawyers to subscribe to  custom newsfeeds tracking law firms, companies and issues. In addition to traditional practice area coverage Westlaw Today has a newsfeed for “Legal industry” and “Legal innovation” two of my favorite topics. They also offer coverage  special topics such as COVID and Voter Rights. Westlaw Today offers news in a variety of slices.

The Westlaw Today main page has the  look and feel of a newspaper website highlighting  a few major stories rather than imitating  the list of recent headlines and blurbs that Law360 made famous. The main page includes a sidebar with most viewed articles, trending law firms and companies, lawyer contributed content and a link where lawyers can submit proposals for articles they would like to write.

Westlaw Today Main Page

 Westlaw Today Practice Area pages offer a curated list of news stories by traditional practice areas. It also offers 
Continue Reading Westlaw Today – Thomson Reuters Launches a Legal News Platform –Offers AALL Program

Today Bloomberg BNA dropped the venerable BNA as in Bureau of National Affairs from the company name. The new name  is Bloomberg Industry Group which  gives us a wonderful new acronym in Legal Publishing: BIG.

According to the press release reprinted below — the new name better reflects the diverse range of businesses, professionals and…