Legal Aquisition Ahead? For Sure, for Sure
June 1, 2015
I read, along with Reed Elsevier and Thomson Reuters executives, the article with this click attractive title: “Westlaw and Lexis Nexis: Are Your Days Numbered Yet?” The answer is, “Nope.” Legal eagles, the government, and Trump-wealthy online surfers will continue to use LexisNexis and Westlaw for a while.
The article references new online services which are trying to offer alternatives at a lower cost. mentioned in the write up is Casetext at https://casetext.com. I expected to see a reference to Fastcase at http://www.fastcase.com and maybe a pointer to Fastcase buying LexisNexis’ Collier TopForm & File.
My hunch is that legal information is getting more difficult to locate. Verify this by looking for information related to the MIC, RAC, and ZPIC matters in US government Web sites like www.usa.gov and in the commercial legal information services. I found this research a challenge.
If Casetext has some oomph, I assume Reed and Thomson will acquire the company. Online legal research has a certain predictability inherent it its business model.
Stephen E Arnold, June 1, 2015
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