It's Official, LexisNexis Has Acquired Law360

The rumors are true. This morning LexisNexis announced that it has acquired Portfolio Media, the parent company of Law360® (www.Law360.com). According to the press release, Law360's 30-plus practice area online daily newsletters 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."

From today's press release:

“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.”

Timely legal news and analysis reporting does lead to legal research. Bloomberg Law added BNA in part for BNA's timely practice area news and analysis reports and its strong Washington DC press corp. LexisNexis has now added Law360 (coverage). Trailing the pack for the moment is Thomson Reuters. It will have to do better than its News and Insights: Legal website and a couple of News & Insights legal newsletters and TR blogs to ratchet up the synergy between legal current awareness and legal research. [JH]