LexisNexis acquires online info provider

LexisNexis acquired Portfolio Media, the parent company of Law360, an online provider of legal news and analysis for business lawyers.

“Breaking legal news and analysis are critical for legal professionals as they drive success for their businesses and clients,” Bob Romeo, chief executive of research and litigation solutions at LexisNexis, said in the company’s announcement. “Law360 is a key element of our growth strategy because it adds legal news and analysis, a crucial part of an attorney’s workflow and a key entry point to legal research.”

Law360 publishes breaking news and analysis with a focus on “high-stakes litigation” across more than 30 practice areas, LexisNexis said. This content is distributed through online daily newsletters that are read by more than 100,000 law firm and businesspeople, the company said.

Based in New York City, Law360’s original founders will continue to run the company as a stand-alone business, LexisNexis said.

LexisNexis has about 3,400 employees and contractors in Miami Twp., which is the company’s biggest single concentration of employment, company leaders recently told the Dayton Daily News.