Thomson Reuters Corp. to cut 3200 jobs by 2020

Thomson Reuters Corp. announced that it will cut its workforce by 12%, eliminating 3200 jobs by 2020 as part of a plan to streamline business and reduce costs. The company declined to say where the cuts were being made, but said they will “simplify the company in every way that we can,” including reducing the number of offices and locations. They will continue to focus on the legal, tax, and news businesses, and plan to “cross-sell more products to existing customers,” while cutting the number of products sold. The company claims this will make it easier for customers to do business with them.  I guess we’ll find out, won’t we?

Read more about it here.

CRIV Vendor Liaison call with LexisNexis

LexisNexis/CRIV Call – June 12, 2018

1. Present on the call were Carolyn Bach, LexisNexis Senior Manager of Faculty and Librarian Relations; Teresa Harmon, LexisNexis Director of Segment Management; Drew Jones, Segment Manager; Kate Hagan, AALL Executive Director; Jim Gernert, Chair, AALL Committee on Relations with Information Vendors.

2. New Lexis Products of Interest

a. Ravel Caselaw – now includes scanned images of cases as they appear in print reporters; Federal and state cases back to the 1600’s.

b. Law360 has added a Tax authority section and a current awareness product.

c. AI/Machine Learning – Answer cards have been added to Lexis Advance; Ask Lexis Advance for noteworthy cases.

d. Judge answer cards: type in name in the form of a question; returns judge’s most recent or noteworthy cases; all level courts; still working on building out trial level courts.

e. News search relevance: There is now better ranking of news results due to improvements in the algorithm.

f. Additional segments have been added in Experts and Trademarks areas.

g. A holistic review of how results are presented was done. They now include additional information such as who wrote a news article.

h. QWIK format has been brought in to Lexis Advance, and can now be found in the Copyright, Trademark, News, Legal News, and Cases search results.

i. Lexis Practice Advisor now includes Federal Civil Practice and Antitrust.

j. Upcoming:

i. Lexis Practice Advisor: Plans to add a state law comparison, new databases for Tax, Private Equity, and Privacy.
ii. Integration of Ravel in to Lexis Advance, including PDFs, Ravel view, a citation visualization map, citation alternatives, and a visual representation. Ravel will eventually be integrated completely in to Lexis Advance, but isn’t there yet.
iii. Snapshot of Shepard’s from Results list will be added in approximately July 2018.
iv. Non-billable zone is being added to Lexis Advance. The expectation is that it will primarily be used by admins in law firms that bill back.
v. Integration points will be added through Lex Machina, including Answer cards
vi. Notice of Appeal language will be added, but it will still have the yellow triangle as well.
vii. Full-text alerts are being added to Lexis Advance.
viii. Awards segments will be added to the Jury Verdicts database.
ix. Law Reviews – names
x. Courtlink integration in to Lexis Advance will be coming by the end of 2018 or January 2019.
xi. Custom pages will be able to be shared in the non-billable zone that is being added.

3. Vendor Advocacy Issues (no new issues at this point)

4. CRIV Vendor Roundtable at AALL Annual Meeting – Lexis indicated that they would participate.

5. Lexis sponsored activities at AALL.

a. Gold-level sponsor of AALL conference, and also a sponsor of PLL summit.
b. Two Exhibitor showcases – Lex Machina –and Winning Litigation
c. Analytics Road map – Lexis Nexis legal analytics – This is a new product debuting at show.
d. Legal Analytics theme showcasing new products.
e. Lex Machina and Law360 will be at the Lexis booth.
f. Build your Lexpertise will be one of the activities at the booth. Attendees can complete a quiz and get a prize.
g. There will be separate Intelligize events, and a Law 360 wine tasting session on the 16th

Bloomberg Law adds SEC Tools

Bloomberg Law has added new Securities resources to the database.  SEC Administrative Enforcement Analytics analyzes the decisions of enforcement actions by the Securities and Exchange Commission, and aggregates all of these decisions (both initial and final) to provide a more detailed trend of decision outcomes.  According to Bloomberg Law’s press release, “the new tool covers settled SEC administrative actions, including the full text of SEC Administrative Orders, links to relevant statutes, and analytic visual representations of key data points and trends.”  This complements the SEC ALJ Enforcement Analytics tool, which analyzes unsettled decisions which go to the Administrative Law Judges.  These tools are both available under Bloomberg Law’s Securities Practice Center.

Changes within Thomson Reuters

Thomson Reuters is in the process of “rightsizing” their operations through reducing staff and management, as well as closing offices, according to Jean O’Grady.  This transition continues the trend of Thomson Reuters in recent years of downsizing their legal presence, including selling majority control of Financial & Business as well as closing their Rochester, NY office, which had been operating since the 1880s (prior to being acquired by Thomson Reuters).  According to O’Grady, this continued downgrading of human editors will further erode the quality of the legal publications under Thomson Reuters, and lead to growth in the artificial intelligence involvement in the editing process (which carries several drawbacks).  In the end it is unclear whether this move by Thomson Reuters represents a size-correction or downsizing to cut costs, as well as how the legal content will be affected.  Regardless of the intention, it is something that all users of their content should be aware of.

New Study Comparing Bloomberg Law’s SmartCode to Other Annotated Statutes

Jason Zarin examines the effectiveness of similar operating features of different vendors through comparisons between Bloomberg Law’s “SmartCode” annotated statutes and other annotated statutes, specifically (but not exclusively) the United States Code Annotated and United States Code Service.  In his SSRN articleA Comparison of Case Law Results Between Bloomberg Law’s “Smart Code” Automated Annotated Statutes and Traditional Curated Annotated Codes, Jason conducts similar queries within these tools to determine the effectiveness of the newer SmartCode as compared with the more established West and LexisNexis products.  This article adds to similar studies of the past two years, including comparisons of headnotes and search algorithms across the different databases.

WIPO Lex announces access to IP information free of charge

WIPO Lex is a “global database that provides free of charge access to legal information on intellectual property, such as treaties administered by WIPO, other IP-related treaties, and regulations of some 200 countries.” Search the full text of documents using simple search terms, or search by subject matter, treaty name, or member country. Retrieve the full text of laws (including constitutions), regulations, treaties, and IP literature, arranged in reverse chronological order.  It even includes historical or superseded versions where available. It looks like an impressive collection of IP materials.  Check it out here.

Federal Circuit briefs will be available to the public immediately

As of December 1, 2018, briefs and appendices filed electronically in the U.S. Court of Appeals for the Federal Circuit will be available to the public immediately. Previously, briefs were withheld from the public – sometimes for days – pending review by the clerk’s office.

For more information, read the procedures memo here and the Electronic Frontier Foundation’s announcement here.