It was announced last week that Incisive Media, a London-based publishing company recently paid $630 million for American Law Media, the parent company of several U.S. law publications including, IP Law & Business, the Minority Law Journal, the Legal Times, the National Law Journal, the New York Law Journal, Texas Lawyer, and Philadelphia’s own, Legal Intelligencer.
The multi-million dollar deal is set for the end of the third quarter and will keep ALM’s management in place while doubling the size of Incisive, a quickly growing, global publishing company with publications in
What does this mean for ALM publications’ readership?
It’s hard to say what this really means for legal publications in the
To paraphrase Alison Frankel of American Lawyer Media, U.S. readers shouldn’t see a change in any of ALM’s 30 national and regional publications.
In Europe though, Parisians could soon be reading a new Légal Journal, Romans, a new giornale legale, and Berliners, a new zugelassene Zeitung, modeled after any of ALM’S U.S. publications.
It’ll be interesting to see how Law.com plays out in all of this too. Keep your eyes and ears open for more change.