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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.

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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
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  • Arma International
  • Google Inc.
  • Business Development
  • Equal Employment Opportunity Commission

Key categories

    
  • E-discovery
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  • Mergers and Acquisitions
  • Intellectual Property
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