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San Francisco, Jan. 30, 2001 – Law.com, the Web’s leading legal destination and application services provider, and Erdos & Morgan, a full-service market research company, today jointly announced the results of an online legal profession survey of law.com users. The findings indicate that the Internet has become one of the most effective mediums to reach young, legal professionals and students. The survey, completed in December 2000, found that the majority of law.com respondents are young, technology savvy legal professionals who use the Internet regularly to stay on top of current trends and issues in the legal profession. Additionally, respondents’ firms allocate a larger share of advertising dollars to online outlets rather than print publications. Nearly ninety percent of the law.com survey respondents are licensed attorneys and law students. Most respondents are from litigation and corporate firms and state that technology is essential to their practice. Nearly all respondents have Internet access at both home and work and most often use the Internet for email, to make travel reservations, and to conduct personal banking and stock transactions. “Technology savvy legal professionals have embraced the Internet because of its inherent benefits of increased efficiency, time savings and cost reduction,” stated Bill Feid, CEO of law.com. “This survey confirms that law.com’s offerings are reaching key members of the legal community and are providing them with valuable resources and tools.” The survey reveals that law.com’s content and resources are highly valued since the majority of users visit the site several times a week. Additionally, users who receive the Law.com Daily Legal Newswire read it an average of four times a week. “When we examined the different groups who answered the survey, we found that partners access the law.com site and Daily Legal Newswire considerably more frequently than other users,” said Bill Niles, the project director at Erdos & Morgan who oversaw the research. The majority of respondents are law firm associates, partners, general counsel, solo practitioners and law students. Law.com’s front-page news articles and state-specific legal news and information are resources that are most valued by an overwhelming number of respondents. Most survey respondents indicate that law.com’s information is extremely useful and consistently current. About Erdos & Morgan Erdos & Morgan is a full-service market and media research company that offers a broad range of services to corporate America, the media and advertising agencies. Founded in 1947 and located in New York City, Erdos & Morgan is well known for three syndicated studies conducted among corporate and government leaders: Purchase Influence in American Business, Opinion Leaders and Worldwide Professional Investment Community. In addition to Internet surveys, Erdos & Morgan employs a number of collection methods, including mail and telephone surveys, focus group and in-person interviews. About Law.com Law.com, a privately held company, is the Web’s most comprehensive legal destination and provider of legal application solutions. The company’s products provide legal professionals and law students with the tools and intelligence required to compete and succeed in today’s wired world. Customers of law.com can manage their practices through a host of practice-critical software applications, track breaking developments in the law, research issues and cases, obtain continuing legal education credit through online seminars, or explore nationwide job openings in the legal industry. Investors in law.com include majority owner U.S. Equity Partners L.P., a private equity investment fund sponsored by Wasserstein & Co., LP, and SOFTBANK Capital Partners L.P., a late-stage Internet venture investment group sponsored by SOFTBANK CORP.

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