LexisNexis Acquires Law360
Addition of Law360 brings highly regarded fast turnaround delivery of trusted legal news and analysis to LexisNexis services
March 20, 2012 — NEW YORK, March 20, 2012 – LexisNexis (www.lexisnexis.com) today announced that it has acquired Portfolio Media, the parent company of Law360® (www.Law360.com), an online provider of speedy and trusted legal news and analysis for business lawyers, primarily in the United States.
“Breaking legal news and analysis are critical for legal professionals as they drive success for their businesses and clients,” said Bob Romeo, CEO of Research and Litigation Solutions at LexisNexis. “Law360 is a key element of our growth strategy because it adds legal news and analysis, a crucial part of an attorney’s workflow and a key entry point to legal research.”
Law360 publishes breaking news and analysis with a particular focus on high-stakes litigation across more than 30 practice areas. This content is distributed through online daily newsletters that are read by well over 100,000 law firm and business professionals ranging from litigators, corporate counsel and transactional attorneys to law librarians and legal administrators.
"We are excited to have our premier legal news and analysis offering join the LexisNexis® family. We see it as a great opportunity to extend our reach, expand our portfolio of content, and create new and innovative ways to deliver it to customers,” said Marius Meland, co-CEO and co-founder of Law360. Headquartered in New York City, Law360 was founded in 2004 by Meland and co-CEO Magnus Hoglund. They will continue to run the company as a stand-alone business, while leveraging the content and analytical resources and distribution of LexisNexis.
Law360 distinguishes itself through the unique combination of speedy delivery of more than 130 original legal news stories daily, the journalistic standards of its experienced editorial team, and its content generation platform that tracks in real-time dockets and regulatory filings - enabling reporters to break major developments in litigation, deal making and legislation before anyone else.
The acquisition of Law360 is part of the continuing LexisNexis commitment to provide critical legal and business content to help customers increase productivity and achieve better outcomes for their organizations and clients.
More information about Law360 is available at: http://www.law360.com/about
About LexisNexis Legal & Professional
LexisNexis® Legal & Professional (www.lexisnexis.com) is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.
Law360, the newswire for business lawyers, serves more than 100,000 attorneys every day with late-breaking news on litigation and government policy. Founded in 2004, Law360 produces more than 30 daily newsletters covering major practice areas and regulated industries. With over 100 staffers in six litigation hubs in the United States, Law360 is one of the fastest growing subscription news services in the country. More than 1,500 organizations rely on Law360 to track major case developments, spot litigation risks and comply with government regulations.