Hat tip to Jean O’Grady for calling attention to yesterday’s re-launch of the product now known as “Business Law Center on WestlawNext.” After giving a brief history of Thomson Reuters’ many bungled attempts since acquiring Global Securities Information (GSI) in 2005, Jean provides an overview of Business Law Center and comments on this development.
This relaunch is surely about regaining lost “good will” and reinforcing credibility in the corporate practice space. But I suspect that the Business Center is a beachhead from which a greater initiative will be launched. It is becoming increasingly clear that as content has become commoditized, the large legal publishers will maintain their growth and advantage by providing more integrated content, enhancing context and folding content into tools for process improvement.
In this case, the battleground is for control of the transactional desktop. See Thomson Reuters Re-Launches Westlaw Business (Again): The Business Law Center and the Next Great Battle for the Corporate Lawyer’s Desktop on Dewey B Strategic. Highly recommended.
If interested, see also TR’s press release, Thomson Reuters Introduces Business Law Center on WestlawNext: Next generation of business law research supported by Experts On-Call dedicated research assistance, and its companion podcast discussing Experts On-Call.