Yes we know. What on earth do all these acronyms mean? Just trying to make another dull press release slightly mysterious.
We’re told that LexisNexis, has announced they have signed a licensing agreement with ALM,? in which LexisNexis will be the exclusive third party online distributor of ALM’s broad collection of industry-leading legal content worldwide.
The? ALM content will be available via the LexisNexis? services starting on May 1, 2011.
Here’s the rest of the press release:
“The exclusive agreement with ALM is the latest example of our continuing investment to provide legal professionals the critical content they trust and need to do their jobs,” said Bob Romeo, CEO of Research & Litigation Solutions at LexisNexis. “Through agreements like this, our customers efficiently find what they need and gain insight through productivity tools and premium content they cannot get anywhere else.”
“LexisNexis is one of the most highly respected technology companies in the legal services industry and we?re pleased that our content will be available on their various online platforms,”said Bill Pollak, President and CEO of ALM. “his agreement will ensure that our award-winning journalism and broad range of legal content will be widely distributed to members of the global legal profession.”
Last month, ALM’s publications, websites and journalists were honored as finalists 18 times, more than any other publisher, at the annual presentation of the coveted Jesse H. Neal National Business Journalism Awards. Known as “the Pulitzer Prizes of the business media,” the Neal Awards are given by trade association American Business Media to “recognize and reward editorial excellence.”
According to research fielded by LexisNexis, more than nine in ten large law firm (95%) and corporate legal professionals (92%) who use a fee-based information aggregation service to access news and business information as part of their job indicate that access to “legal news” within their service is important. Another study by LexisNexis found that among those who search for or use secondary legal information to understand legal issues or topics, nearly three-quarters (74%) do so at least weekly.
