It’s hard to determine from the press release what will happen in the short term but I’m guessing less and less humans writing content will be the first move . They might have 900 employees now but this time next year don’t be so sure.
Law Business Research (LBR) and ALM today (24 March) announced their strategic merger, forming a global provider of legal intelligence, analysis, and networking solutions. LBR is backed by ICG and Levine Leichtman Capital Partners (LLCP) and ALM is owned by investment funds managed by EagleTree Capital.
The combined group has over 900 employees globally, with offices in New York, London, Washington DC, Erlanger, Philadelphia, Austin and Hong Kong.
As part of the merger, Bill Carter, president & CEO of ALM, will step down after a decade of leadership. Nick Brailey, CEO of LBR, will assume the role of group CEO of the newly combined business.
Anup Bagaria and Michael Struble, of EagleTree Capital, said: “ALM has been a fantastic investment, and we are incredibly grateful to Bill and the entire team for their dedication and achievements. The business is in great hands going forward, and we look forward to seeing the business continue to flourish as part of this new combined group.”
As part of the transaction, ALM’s business and finance division will be carved out, rebranded and retained by by EagleTree Capital.
ALM has deep US market penetration while LBR has a strong UK and global presence.
The two businesses’ product sets will remain the same, continuing to serve both the practice and business of law, in addition to the global IP and governance, risk and compliance markets with insight, analysis and data.
Brailey said: “This combination creates a business with unparalleled data, insight and expertise across the global legal ecosystem. I’d like to thank Bill and his team for working tirelessly to make this merger happen and I feel privileged to have the opportunity to lead the new group and to work closely with our global teams to capitalise on the strong foundations and deliver on the exciting potential that lies ahead.”
Ropes & Gray, Arma Partners and Lincoln International advised LBR, ICG and LLCP on the transaction. Raymond James and Jones Day advised ALM and EagleTree on the transaction.
Source: https://legaltechnology.com/2025/03/24/law-business-research-and-alm-merge/
