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Home > Thomson Reuters to Acquire Practical Law Company

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Thomson Reuters to Acquire Practical Law Company

January 4, 2013

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Click image to enlarge
The What's Market tool in PLC. Click image to enlarge.

I clicked on License Agreements and PLC performed a Google search for "License Agreements" and returned a list of all agreements found. In the search results window, I filtered the agreements by IP category (patent, music, technology, etc.), industry sector, jurisdiction, and date to winnow the results to a workable set of software licensing agreements. I selected two source code purchase and license agreements to compare. I could have selected up to 50 agreements to compare. The What's Market tool gave me the option to select terms within the licensing agreements to compare and review.

Click image to enlarge
Once you select topic criteria to compare, PLC analyzes the comparison points and presents text to select the points to present in a chart. Click image to enlarge.

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PLC's Deal comparison interface. Note that you can change the viewable criteria on demand. Click image to enlarge.

PLC's Cross-Border tool provides jurisdiction-specific answers to questions on a number of litigation issues such as arbitration, data protection, and dispute resolution as well as international transaction guides for joint ventures, private company acquisitions, and topics in sales and marketing.

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PLC's interface to the Cross-border tool and content. Click image to enlarge.

I selected a question and answer tool for country-specific data protection laws. The tool presented a number of questions to select along with the applicable jurisdiction.

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The Cross-border tool presents questions to ask the system, which outlines answers in selected jurisdictions. Click image to enlarge.

I asked the system "What data is regulated?" and "Is notification or registration required before processing data?" in France, Germany, Italy, and Spain.

The resulting information was laid out in a serial form by question and jurisdiction, but there was no way to save it to a Microsoft Word file or other file format. I read the information on screen and copied it and pasted it into a Word document.

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Companies, agencies mentioned

    
  • DRIVE PLC
  • Records Management Toolkit
  • Intellectual Property and Technology Practice Center
  • IP & Technology
  • International Arbitration, Labor & Employment
  • Executive Compensation, Finance, Intellectual Property & Technology
  • Arma International
  • Google Inc.
  • Business Development
  • Equal Employment Opportunity Commission

Key categories

    
  • E-discovery
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  • Mergers and Acquisitions
  • Intellectual Property
  • Alternative Dispute Resolution

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