London based Incisive Media  announced in a press release this morning that they had sold their  legal market news publication Legal Week to  American legal news pioneer American Lawyer Media. Ironically ALM was briefly owned by Incisive Media from 2007 to 2009.

As the legal market globalizes it makes complete sense for law firm leaders

Today LexisNexis and American Lawyer Media  announced  a new agreement which deepens their strategic relationship while
ensuring the continued availability of archived ALM legal news  on the LexisNexis platform. ALM owns the “grand-daddy” of modern legal news reporting  The American
Lawyer as well as other well known national titles such as
 Corporate Counsel, The National

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.”
So what’s the Upside?
In exchange