Almost a modern day parody of Henry Ford’s color palette for the Model T (“You can have any color as long as it’s black.”) Bloomberg is entering the legal marketplace with monochromatic contract as in, “You can have any contract you want as long as it’s Bloomberg’s standard contract.”
Today, Bernstein Research. released a report: Reed Elsevier: Voices Calling for Asset Divestitures Should Grow Louder, and Perhaps Fall on Deaf Ears which includes some significant implications for the legal publishing marketplace. The report recommends that Reed Elsevier divest some units including LexisNexis and suggests by implication that Bloomberg Law is standing by and
Today Exane BNP Paribas released an equity research report suggesting that the time may once again, be ripe for a Thomson Reuters/Wolters Kluwer merger. While the US legal publishing units Westlaw and CCH are not the main focus of this speculation, it is
The synergy Between Bloomberg and BNA
A slight digression: The recent decades of consolidation in the legal publishing industry has resulted in the wholesale expatriation of control of American’s primary legal research content. (Lexis, born in Ohio is owned by Anglo-Dutch company, Reed
I interviewed Lou Andreozzi to learn about the strategy behind the July 5th re-launch of the Bloomberg Law platform. Andreozzi makes the case that Bloomberg’s unique approach to content and pricing will allow it to peel off a significant market share from Lexis and Westlaw who have a 30 year lead on upstart Bloomberg.
Bloomberg Law includes a