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Legal & Compliance

LexisNexis South Africa to Acquire Korbitec

LexisNexis South Africa, part of RELX Group, has agreed to purchase Korbitec (Pty) Ltd from the Naspers Group for an undisclosed amount. The transaction is subject to approval by the South African Competition Commission.  Korbitec is a leading provider of content-enabled workflow solutions for South African property professionals, with two leading products, GhostConvey and Windeed, in addition to its Banking ... Read More »

LexisNexis India Acquires Universal Law Publishing

LexisNexis has acquired its Delhi-based rival Universal Law Publishing for an undisclosed amount.  LexisNexis India is the domestic arm of the USD 9-billion Anglo-Dutch Reed Elsevier group and claims to be the leader in the around Rs 500-crore legal publishing industry in India. While LexisNexis India employs around 200 people here, Universal Law Publishing has a headcount of around 50 ... Read More »

Encompass Announces Product Enhancements

The Gazette – now integrated and available to search. This month we deliver a number of updates to Encompass, this blog entry focuses on two: content from The Gazette and Workspace Refresh. One important and unique element of the Encompass offering is the range of information valued by insolvency professionals that we offer in one place. Nominated by our Pre-Release ... Read More »

Thomson Reuters Reports Q1 2015 Revenues Up 2% at Constant Currency

First quarter 2015 revenues were US$ 3.044 bn down 3% due to the negative impact of foreign currency (5%) Revenues grew 2% on constant currency.  Revenues from ongoing businesses increased 2% (before currency) from the prior-year period driven by the Legal, Tax & Accounting and Intellectual Property & Science businesses, which grew 5% in aggregate (4% organically).  Adjusted EBITDA decreased ... Read More »

Thomson Reuters Launches Westlaw Asia

Thomson Reuters has launched Westlaw Asia, a single legal research platform, to deliver key resources such as cases, legislation, law journals and legal commentary to legal professionals in a user-friendly format.  The platform includes dedicated Westlaw Philippines content.  The Westlaw Asia platform currently covers the following jurisdictions: Hong Kong, India, Malaysia, Philippines, Singapore and the UK. This new service is ... Read More »

LexisNexis Teams Up with Tech Giants to Offer “Hat Trick” of Business Tools to Small Law Firms

“Better Together Bundle” Combines Package of Products – Including Microsoft Office 365 and GoDaddy Hosting – Specifically Designed for the Small Law Attorney LexisNexis® Legal & Professional announced that the LexisNexis Firm Manager® team will offer a new “Better Together Bundle.” The bundle combines three essential business products or services – secure, easy to use online practice management, Microsoft Office 365™ productivity ... Read More »

CRIF Decision Solutions Merges into CRIF to Provide an Integrated and Holistic Approach to Credit Management

As of January 1, 2015, CRIF Decision Solutions is incorporated as a business line into the parent company CRIF S.p.A. The merger will provide an ever more robust offering of know-how, predictive analytics and technology to enable banks, financial institutions, telco, media, energy and utility firms to achieve sound & optimized decision-making and compliant processes in every phase of the ... Read More »

LexisNexis Acquires Moreover Technologies

Combined resources will create a next-generation, current awareness and enterprise distribution solution with unmatched content and analytical tools. LexisNexis® Legal & Professional announced that it has acquired Moreover Technologies, Inc., a leading global content delivery service and provider of consolidated current awareness and media management solutions.  Financial details of the transaction were not disclosed. News monitoring and distribution is a large ... Read More »

Thomson Reuters Q2 2014 Revenues Up 1%

Revenues from ongoing businesses grew 1% before currency to $3.2 billion.  Adjusted EBITDA grew 2% to $877 million with a margin of 27.8%, up 20 basis points from the prior-year period.  Excluding charges from both periods, adjusted EBITDA margin was 28.7%, up 80 basis points from the prior-year period Underlying operating profit grew 2% to $581 million with a margin ... Read More »

Intapp Acquires The Frayman Group

Intapp, Inc. announced the acquisition of The Frayman Group (TFG), a company offering risk management software for law firms.  With this move, Intapp further extends its position as the leading provider of risk management software for the legal industry, offering broadly adopted products that streamline new business intake, conflicts management, information security and professional compliance. TFG – An Intapp Company:  ... Read More »

Thomson Reuters Acquires Brazil’s Domínio Sistemas

Corporate solutions provider Thomson Reuters announced it has acquired Brazil’s Domínio Sistemas, a company focused on developing accounting solutions. With the acquisition, Thomson Reuters expects to complement its products portfolio while expanding its presence in the local software market for large and small accounting firms. Having localized expertise in this segment is significant, given Brazil’s intricate tax and accounting rules. Santa Catarina-based Domínio ... Read More »

Thomson Reuters Launches Westlaw Analytics

Large firms can now explore usage trends to identify cost-recovery, efficiency and training strategies Thomson Reuters has introduced Westlaw® Analytics, a new service included in a WestlawNext subscription that allows law firms to monitor Westlaw usage by practitioner, client, practice area or time frame in order to become more efficient, flexible and responsive to client needs. Four components – analytics, ... Read More »

Thomson Reuters 2013 Revenues Up 2% – Q4 Up 1%

Thomson Reuters (TSX / NYSE: TRI) reported revenue growth of 2% for the full year and 1% for the fourth quarter, before currency impact.   Including a $260 million charge in the fourth quarter, adjusted EBITDA was down 7% for the full year and down 32% for the fourth quarter Including a $275 million charge in the fourth quarter, underlying operating ... Read More »

Wolters Kluwer Acquires Financial Tools – Provider of CASH Suite

Wolters Kluwer Financial Services announced it has acquired Financial Tools, Inc., the provider of CASH Suite(TM)-an enterprise-wide financial analysis and credit risk management solution for U.S. commercial lenders. The addition of Financial Tools enables Wolters Kluwer Financial Services to provide U.S. community and regional banks and credit unions with the ability to manage financial performance and grow profitability with straight through ... Read More »