Thomson Reuters, Legal focuses on the letter of the law. The division of financial information giant Thomson Reuters publishes legal information for law students, professionals, and consumers. Products are available in print and electronic formats, and include law encyclopedias, textbooks, and study aids; state and federal law books; court opinions; how-to legal guides; and law indexes. The division's flagship online platform is its Westlaw research service, which contains databases of legal, financial, and business news and information. In addition, it offers law firm marketing software through its Hubbard One subsidiary, and business and practice management applications for law firms through Elite.
Thomson Reuters, Legal covers topics such as bankruptcy, intellectual property, constitutional and criminal law, estate planning, banking, finance, and taxation. Its FindLaw includes an online legal directory, website creation and hosting services, and law firm marketing solutions, while its WestlawNext improves upon Westlaw with advanced search, efficient research organization, and new workflow tools. The legal division also sponsors legal industry conferences and events for organizations such as the American Association for Paralegal Education and the American Intellectual Property Law Association.
Revenues have been strong in recent fiscal years principally due to contributions from acquired businesses, such as World-Check, a provider of financial crime and corruption prevention information. (World-Check assets were eventually transferred to the newly formed Thomson Reuters Financial & Risk business unit, which includes Governance, Risk & Compliance holdings that were previously a part of Thomson Reuters, Legal.) Also that year revenues increased at the company's U.S. Law Firm Solutions, FindLaw, and Elite businesses. Global businesses have also grown, thanks to strong Latin American markets.
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