January 7, 2013
Acquiring Current Awareness and Productivity Solution Services for Private Sector Specialist Legal Markets by WEXIS
Reaching beyond the generalist legal market because that is not where the cash flow is, WEXIS started off 2013 with announcements that Thomson Reuters acquired UK-based how-to Practical Law Company and Lexis acquired Seattle-based Knowledge Mosaic. No details yet on what Thomson Reuters plans to do with Practical Law Company's services but Jean O'Grady identifies some potential synergies and strategic implications in her recent Dewey B Strategic post.
Following last year's acquisition of Law360, LexisNexis is beefing up its news and current awareness portfolio for speciality law practice areas. Reportedly, Lexis will offer Knowledge Mosaic as a standalone service while also integrating its content and tools with Lexis services such as Lexis Practice Advisor. Check Dewey B Strategic for Jean O'Grady's promised post about Knowledge Mosaic's acquisition by LexisNexis. [JH]