Wednesday, July 31, 2013
Law Technology News is reporting that LexisNexis is laying off perhaps as many as 500 employees (it employs 15,000 worldwide) through the company hasn't confirmed the precise number. According to an anonymous source that LTN contacted, the lay-offs are "significantly" larger than the company's "usual July realignment" and that offices in New York, Dayton (Ohio), the Philadelphia area and Charlottesville (Va.) will be affected.
In other legal research new, Bloomberg Law announced (here too) that it will be rebranding the company as "Bloomberg BNA" effective January 1, 2014. According to the company, the move comes in response to requests that it place under one roof all of its client services which include legal research, business intelligence and insight, and BNA content. Before making its decision the company consulted with constituents that included first year law students, law firm chairs and corporate counsel according to an email sent to clients explaining the change.
Hat tip to the Law Librarian Blog.