New ALM/West Strategic Partnership Brings ALM Content Exclusively to Westlaw
NEW YORK and EAGAN, Minn., 05/01/2006, A new strategic content-sharing agreement between West, a Thomson business, and ALM, the nation’s leading legal journalism and information company, will bring content from ALM’s award-winning publications, newsletters and litigation resources exclusively to Westlaw. Financial terms of the agreement were not disclosed.
Beginning on May 1, Westlaw will become the exclusive third-party provider of ALM content to the legal market, including ALM legal news, ALM industry rankings and surveys, jury verdicts and settlements, and trial court opinions – key content that practitioners, and litigators in particular, rely upon to craft winning strategies for their clients, and that senior law firm management utilizes to benchmark competitive performance. Westlaw will be the sole third-party legal market source for the annual Am Law® 100 rankings, including the 2006 survey, published today. Complete ALM content will continue to be available through ALM’s Law.com, national, regional, research and e-commerce Web sites.
Specific material from ALM to be offered exclusively on Westlaw includes the full content of ALM magazines, state and national newspapers, including The American Lawyer®, The National Law Journal®, Corporate Counsel®, New York Law Journal® and Legal Times®, as well as all newsletters, jury verdict and expert witness databases, books and case collections, ALM directories, and settlement data and publications. Timely updates to ALM content – including daily updates of key publications – will give attorneys and researchers up-to-the-minute access to practice-critical information.
Peter Warwick, West president and chief executive officer, said the partnership brings together two of the most trusted businesses in the legal marketplace. “This agreement is rooted in a shared commitment to supporting the practice of law and law firm management,” he said. “Legal professionals look to West and ALM for the products, services and expertise in the legal field to help them succeed. Together, we’ll bring even more powerful offerings to support that success.”
“This important two-way content-sharing will create new opportunities for both companies to both broaden and deepen the services we provide to the legal market,” added William Pollak, ALM president and chief executive officer. “Westlaw users will benefit from expanded access to ALM news and information, while we expect to leverage content from West to add significant value to ALM’s current and future offerings to our customers.”
Headquartered in New York City, ALM is a leading integrated media company, focused on the legal and business communities. ALM currently owns and publishes 39 national and regional magazines and newspapers, including The American Lawyer, Corporate Counsel, The National Law Journal and Real Estate Forum. ALM’sLaw.com® is the Web’s leading legal news and information network, while ALM’s GlobeSt.com® is the Web’s leading information source for commercial real estate professionals. Other ALM businesses include book and newsletter publishing, court verdict and settlement reporting, production of professional trade shows, conferences and educational seminars, market research and content distribution. ALM was formed by U.S. Equity Partners, L.P., a private equity fund sponsored by Wasserstein & Co., LP. More information on ALM’s businesses and services is available on the Web at www.alm.com.
Headquartered in Eagan, Minn., West is the foremost provider of integrated information solutions to the U.S. legal market. West is a business within The Thomson Corporation (NYSE: TOC; TSX: TOC) and was formed when West Publishing and Thomson Legal Publishing merged in June 1996. For more information, please visit the West Web site at west.thomson.com.
The Thomson Corporation
The Thomson Corporation (www.thomson.com ), with 2005 revenues of $8.70 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare. With operational headquarters in Stamford, Conn., Thomson has approximately 40,000 employees and provides services in approximately 130 countries. The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
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