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The parent company of The National Law Journal, The American Lawyer and several other legal publications has reached a deal to make its content available through LexisNexis. The agreement with ALM Media Properties will make LexisNexis, which is best known for its legal research tools, the exclusive third-party distributor of ALM’s online content, according to a joint news release today from the two companies. The deal includes access to news, archives, industry rankings, court verdicts and other ALM information that is otherwise subscriber-only. It’s scheduled to go into effect on May 1. Financial terms of the deal weren’t disclosed. The agreement will mean a reunion for the two companies. They had a licensing contract until 2006, when ALM signed an exclusive deal with Westlaw, a LexisNexis rival owned by Thomson Reuters. Executives from the companies said they saw value in the deal because of high demand for legal news. More than nine in 10 people in the legal industry think it’s important to have access to legal news when using a fee-based aggregation service, according to a survey by LexisNexis. “The exclusive agreement with ALM is the latest example of our continuing investment to provide legal professionals the critical content they trust and need to do their jobs,” Bob Romeo, chief executive of LexisNexis’ research and litigation solutions division, said in the news release. LexisNexis is a subsidiary of Reed Elsevier Inc., based in London. ALM Chief Executive Officer Bill Pollak called LexisNexis “one of the most highly respected technology companies in the legal services industry.” He said that ALM, which is based in New York, is “pleased that our content will be available on their various online platforms.” David Ingram can be contacted at [email protected].

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LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

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