The Reinvention of Legal Research
At The Huffington Post, Peter Schwartz writes that we are in the midst of "the radical transformation of the legal publishing marketplace," a transformation, he contends, that will no longer support the two largest legal publishers, West and LexisNexis. As they suffocate under their own weight, the legal research marketplace will open to "nimble, low-cost competitors and new rivals with deep pockets such as Bloomberg."
His prediction should be read with the understanding that he is the founder and president of one of these "nimble, low-cost" competitors, the online legal publishing company Knowledge Mosaic, which sells a news and research service targeted at the securities industry. That said, Schwartz makes some interesting observations about the state of legal research. He makes three key points... [MORE]
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