February 7, 2011
There Are Still Some Small US Legal Publishers Thomson Reuters Can Acquire
I recently mentioned that Thomson Reuters has been conquering the Latin American legal publishing industry because there were no small US legal publishers left to acquire. Not true. My bad.
Last month, TR bought LRP Publications’ Public Employment Group and Bankruptcy/Banking Products Group. Old time labor law specialists such as myself may recall the publishing house as Labor Relations Press. It was a niche publisher specializing in public sector employment and labor arbitation reporters. For public sector employment attorneys it filled a coverage gap left open by BNA for some larger state public sector jurisdictions such as California, Illinois, Michigan, New York, New Jersey, Pennsylvania, Ohio, etc. LRP, founded by an employment attorney in 1977, expanded its offerings into "hot topic" areas -- bankruptcy, civil RICO, real estate and environmental liability with some success.
Now LRP is "joining Thomson Reuters, the world leader in providing intelligent information to businesses and professionals." Ah, OK. Just one question. LRP's public sector employment reporters are available online via a licensing agreement with LEXIS. Is that going to change? [JH]