LexisNexis® Acquires LegalStudio®
The addition creates a premier portfolio for the next-generation research solutions to corporate and legal customers across China
HONG KONG, 4 Nov, 2013 - LexisNexis®, a leading global provider of content and technology solutions, today announced it has acquired the acclaimed legal information provider, LegalStudio®.
Widely known throughout China for its tailor-made bilingual awareness and practice materials, LegalStudio offers daily updated legal and tax news, articles, commentaries, and timely newsletters, together with an extensive library of model contract templates, and a law and case database, providing critical support to legal professionals in corporations and law firms as they perform their daily work.
“LegalStudio is a valued professional information brand that has built a powerful reputation within China’s legal community over the last decade,” said Shawn Clark, CEO, LexisNexis Asia. “By bringing together LegalStudio and Lexis China we’ll be best positioned to invest in and enhance both existing product suites, while also introducing new offerings to the market. This combination is another key milestone on our ongoing roadmap to deliver next-generation products and solutions to corporate and legal customers across China.”
The acquisition is part of LexisNexis’ ongoing investment in China.
LegalStudio’s trusted set of tools and content will become a key element of the LexisNexis China portfolio
“Bringing LegalStudio and Lexis China under one roof is a unique opportunity to quickly expand the quality and breadth of resources we are able to provide to our customers and the entire legal community,” said Craig Calkins, CEO at LegalStudio. “I am excited to work with the newly expanded LexisNexis China team to build upon what we have accomplished and make LexisNexis China the preferred provider for our markets.”
LexisNexis has been serving customers in China for over twenty years, with offices in Beijing, Shanghai, Guangzhou, Hong Kong and Taipei, and serves professionals in legal, corporate, tax, government, academic and non-profit organizations. LexisNexis originally pioneered online information with its Lexis® and Nexis® global services, and has later extended to Lexis China and Lexis HK, the local services serving the specific needs of customers in the dynamic market of China.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide.
Founded in 2003, LegalStudio® is a leading provider of comprehensive legal and tax know-how services for China. LegalStudio® provides bilingual online legal and tax know-how services giving law departments and law firms, and tax departments and accounting firms, access to reliable, practical, awareness, know-how and analysis.