
The Dewey B Strategic 2020-21 Hits and Misses Survey – The Product Most Likely to be Cancelled is — Lex Machina

Risk, value, strategy, innovation, knowledge and the legal profession.
The 2020-2021 Dewey B Strategic Hits and Misses survey asked responders to identify products purchased in 2020 or to be purchased in 2021. Despite the financial concerns triggered by the pandemic, law firm librarians continued to consider new products. Some new products such as Westlaw Edge and Lexis + are often driven by an impeding contract renewal. Other product selections are driven by practice demands as well as a desire to remain competitive by introducing innovative solutions and enhance productivity.
The Top Products Four was the magic number this year. Each of the top vote getters were identified by 4 responders as new purchases. …
Continue Reading The Dewey B Strategic 2020-21 Hits and Misses Survey: What Research, KM/Workflow and Analytics Products are Readers Buying?
Respond to the 2020-21 What’s Hot and What’s Not Survey here. Although the world was shut down by the pandemic, our friends in legal tech continued their pursuit of innovation and market share. Most of us had a sense of whiplash and disbelief when the world came to a virtual halt in March 2020. Law librarians who had built digital libraries over the years offered their attorneys a fairly seamless transition to their work from home desktop. Within weeks most legal publishers had developed a special COVID offering. These ranged from free alerts, to primary sources and workflow toolkits. Despite all of these efforts law librarians and knowledge managers faced a gap in COVID coverage. Almost overnight a “gray literature” emerged which major legal publishers were not …
Continue Reading What’s Hot and What’s Not? Welcome to the Dewey B Strategic 2020-2021 Hits and Misses Survey
Lexis+ Litigation Analytics offers the following types of insights:
Bifurcated Data: Enhanced Analytics and “everything else”
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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:
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
This week American Lawyer Media (ALM) the publisher of the American Lawyer and Law.com announced the rebranding and expansion of their innovative legal news service Legal Radar. Legal Radar is now Law.com Radar.
Law.com Radar was originally launched in February as Legal Radar with a breaking litigation news monitoring service. This week the service was…
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 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 Lexis Nexis is releasing a new M&A analytics tool called Market Standards which helps lawyers identify, compare and analyze publicly files transactions – to optimize the terms of M&A deals.
Market Standards enables a lawyer to analyze, 150+ deal points, in 33,000 deals spanning 10 years. New deals are analyzed and added within 48…
Casetext has released a study examining the efficiencies delivered by its new motion drafting platform Compose. Compose was announced this year at Legal Tech in New York. The product which I reviewed back in February enables a lawyer to select a motion types in specific jurisdictions, add arguments from a menu for the jurisdiction, select…
The Hits and Misses Survey was conducted in the pre-pandemic world. Nonetheless the results will have a special resonance with Information professionals around the world perched at home scrutinizing their budgets with scalpel in one hand and an ax in the other. Back in January Dewey B Strategic readers were asked to the identify the…