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