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The Wall Street Journal Online, LexisNexis Establish Exclusive Alliance to Benefit Law Firms, Legal Practices
The Wall Street Journal Online in association with LexisNexis is positioned to take attorneys to the next level of success through
top business news and legal research
NEW YORK AND DAYTON, OH, November 17, 2005 - Law firms and attorneys will have a more complete and comprehensive way to get top business news and legal research, as part of a new arrangement announced today between The Wall Street Journal Online and LexisNexis. This new arrangement, The Wall Street Journal Online in association with LexisNexis, will launch in January 2006.
Under the agreement, LexisNexis, a leading provider of legal, news and business information services, will become the exclusive distributor of enterprise subscriptions to The Wall Street Journal Online to law firms in North America. To strengthen the alliance, The Wall Street Journal Online will enhance its coverage of the legal industry, and Online Journal subscriptions available through LexisNexis will offer co-branding, cross-linking and easy access to legal content found on the lexis.com® service.
For law-firm customers, the close integration of the two products will ensure that their lawyers and staff will be prepared and proactive in their client relationships by providing them authoritative, up-to-the-minute business news from the Online Journal, and comprehensive, in-depth research from the lexis.com service. The Wall Street Journal Online in association with LexisNexis can be accessed through a site license and links on the lexis.com service, or as direct seamless access from a law-firm intranet.
In addition to complete coverage from The Wall Street Journal’s global print editions, the Online Journal features round-the-clock breaking news from Dow Jones Newswires and Online Journal staff, in-depth company research, personalization and alerting, exclusive columns, interactive graphics, and access to Online Journal archives. Upon the launch of the alliance in January, the Online Journal will increase its reporting on events and trends important to the legal market, including a unique legal-industry blog. LexisNexis and the Online Journal also will create a special legal-industry newsletter with content from both LexisNexis and the Online Journal, available exclusively for lexis.com subscribers and prospects.
With the lexis.com service, users can access vital facts for litigation, due diligence and business decisions. Its exclusive combination of more than 20,000 news and business sources, 200 wire services, more than 31,000 financial articles published daily, and 6,500-plus unique international sources and easy-to-use search tools, offers unparalleled fact-finding applications. In addition, law-firm customers gain broader perspective within their research through LexisNexis, using such tools as Historical Quotes, LexisNexis® Company Dossier and the most comprehensive database of public records.
"As the largest paid subscription news product on the Web, the Online Journal already serves thousands of lawyers," said Todd Larsen, president of Dow Jones Consumer Electronic Publishing, which publishes The Wall Street Journal Online. "Now, by teaming up with the legal research leader, the Online Journal will significantly broaden its availability and appeal to legal professionals, with easy access through lexis.com and the LexisNexis sales channel. We think our new law page will become a must-read feature for lawyers nationwide, and it’s just another compelling reason for anyone involved in law to make the Online Journal a daily destination."
According to Andy Prozes, CEO of LexisNexis Group, "This exclusive alliance with The Wall Street Journal Online solidifies LexisNexis as the online leader in news offerings to law firm customers. LexisNexis is firmly positioned as the total solutions provider for its various legal markets through a comprehensive suite of products that delivers customers everything they need to do their jobs. Together, these two products give law firms the most complete picture of their clients, top prospects, career development and other issues important to them."
The Wall Street Journal Online in association with LexisNexis is the most recent addition to the LexisNexis suite of total practice solutions. This unique portfolio of products and services is designed to complement the way legal professionals work, in all of the areas essential to their success, including litigation, research, practice management and client development.
For more information on "The Wall Street Journal Online in association with LexisNexis" and how it will benefit law firms and legal practices, visit www.lexisnexis.com/wsj.
About The Wall Street Journal Online
The Wall Street Journal Online at WSJ.com, published by Dow Jones & Company (NYSE: DJ; www.dowjones.com), is the largest paid subscription news site on the Web. Launched in 1996, the Online Journal continues to attract quality subscribers that are at the top of their industries, with 764,000 subscribers world-wide as of Q3, 2005.
The Online Journal provides in-depth business news and financial information 24 hours a day, seven days a week, with insight and analysis, including breaking business and technology news and analysis from around the world. It draws on the Dow Jones network of more than 1,800 business and financial news staff—the largest network of business and financial journalists in the world. The Online Journal also features exclusive content, including interactive graphics on business and world news, and online-only columns about the automotive industry, technology, personal finance and more.
In 2005, the Online Journal was awarded a Codie Award for Best Online News Service for the second consecutive year, and its Health Industry Edition was awarded Best Online Science or Technology Service for the third consecutive year. In 2004, the Online Journal received an EPpy Award for Best Internet Business Service over 1 million monthly visitors.
The Wall Street Journal Online network includes CareerJournal.com, OpinionJournal.com, StartupJournal.com, RealEstateJournal.com and CollegeJournal.com.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis® research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.
In the United States, LexisNexis® (www.lexisnexis.com) offers its customers total practice solutions comprised of an extensive range of online and print legal, regulatory, news and business information products, tools, customized Web applications and critical filing services that help legal professionals grow their business, win cases and manage their practice.
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