LexisNexis

LexisNexis is a leading global provider of legal, regulatory, and business information and analytics, founded in Meade County, Kentucky and now headquartered in New York City, United States. The company was established in 1970 by a Meade County, Kentucky lawyer and has since become a prominent player in the industry, serving American Bar Association members, Harvard Law School students, and United States Department of Justice officials. With a strong presence in the United States, Canada, and Europe, LexisNexis provides services to Bloomberg L.P. competitors, Thomson Reuters clients, and Wolters Kluwer customers. The company's products and services are used by Supreme Court of the United States justices, Federal Bureau of Investigation agents, and Internal Revenue Service employees.

History

The history of LexisNexis dates back to 1970, when it was founded by a Meade County, Kentucky lawyer with the goal of providing electronic access to United States Code and Code of Federal Regulations. In the 1980s, the company expanded its services to include Shepardize and Martindale-Hubbell directories, which were used by American Law Institute members and National Conference of Commissioners on Uniform State Laws delegates. During this period, LexisNexis also established partnerships with West Publishing and Reed Elsevier, which helped to further expand its services. In the 1990s, the company launched its LexisNexis Academic platform, which provided access to JSTOR and ProQuest databases for University of Oxford and University of Cambridge students. The company's history is also closely tied to the development of the Internet, with LexisNexis being one of the first companies to provide online access to United States Supreme Court decisions and European Court of Human Rights judgments.

Products and Services

LexisNexis offers a wide range of products and services, including Lexis Advance, LexisNexis TotalPatent, and LexisNexis Risk Solutions. These services provide access to United States Patent and Trademark Office data, European Patent Office records, and World Intellectual Property Organization publications. The company's products are used by Google and Microsoft employees, as well as by Stanford Law School and Yale Law School students. LexisNexis also provides services to Federal Trade Commission and Securities and Exchange Commission officials, who use the company's products to analyze Dow Jones Industrial Average and S&P 500 data. Additionally, the company's LexisNexis News platform provides access to The New York Times and The Wall Street Journal articles, as well as to BBC News and Al Jazeera broadcasts.

Operations

LexisNexis operates in over 100 countries, with a strong presence in the United States, Canada, and Europe. The company has offices in New York City, London, and Paris, and employs over 10,000 people worldwide. LexisNexis is a subsidiary of Reed Elsevier, which is also the parent company of Elsevier and Relx Group. The company's operations are overseen by a board of directors, which includes Andrew Prozes and Haywood Talcove, as well as representatives from Goldman Sachs and Morgan Stanley. LexisNexis also has partnerships with PricewaterhouseCoopers and Deloitte, which provide consulting services to the company's clients.

Criticisms and Controversies

LexisNexis has faced criticism and controversy over the years, particularly with regards to its data mining and surveillance practices. The company has been accused of providing National Security Agency and Federal Bureau of Investigation officials with access to personal data and financial information. LexisNexis has also faced criticism from American Civil Liberties Union and Electronic Frontier Foundation representatives, who have raised concerns about the company's privacy policies and data protection practices. Additionally, the company has been involved in several high-profile lawsuits, including a class action lawsuit filed by Facebook and Twitter users who alleged that LexisNexis had collected their personal data without consent.

Acquisitions and Partnerships

LexisNexis has made several acquisitions and partnerships over the years, including the acquisition of Seisint and ChoicePoint. The company has also partnered with IBM and Oracle Corporation to provide data analytics and cloud computing services to its clients. In 2019, LexisNexis announced a partnership with University of California, Berkeley to provide access to artificial intelligence and machine learning tools for law students and researchers. The company has also established partnerships with World Bank and International Monetary Fund officials, who use LexisNexis products to analyze economic data and financial trends. Additionally, the company has acquired Law360 and Portfolio Media, which provide legal news and business intelligence to LexisNexis clients. Category:Legal research