Bloomberg Tackles Legal Research Market With Subscription Model
Online legal research has long been dominated by two companies — Westlaw and Lexis Nexis. But this week, Bloomberg News announced its foray into the legal research market. The financial news service just launched Bloomberg Law in the hopes of taking a bit out of the $8 billion legal research market. And encouraging to subscription site executives is the media giant’s decision to use a subscription-based billing Model. Instead of the complicated metered Model employed by Westlaw…
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