Two recent announcements show that Lexis has identified India as a significant market for future sales. This is all before the Indian market is fully opened up for foreign law firms, of course, when there will be an explosion of demand for access to foreign law.
LexisNexis, as part of its global expansion strategy, aims to be the number one print and electronic, legal, tax and regulatory publisher in India. LexisNexis has offices in New Delhi, Mumbai, and Chennai. To this end, a senior executive, John Atkinson has been named Managing Director for LexisNexis Butterworths India, to be based in New Delhi and reporting directly to Doug Kaplan, CEO of LexisNexis Asia Pacific.
Virtually immediately, Lexis announced a merger with Wadhwa Nagpur.
LexisNexis, a leading global provider of business information solutions, today announced the merger of Wadhwa Nagpur, one of India’s providers of legal publishing information, with LexisNexis Butterworths India. The combined company, headquartered in New Delhi, will be the leader of legal information solutions in India. The merger reinforces LexisNexis’ commitment to the India market and bolsters the company’s ability to take advantage of additional market growth drivers, including digitization of courts, the rapidly growing legal profession and the increasing demand for information solutions.
We are very excited to bring together these two strong companies to better serve the rapidly growing demand for legal content in India,” said John Atkinson, Managing Director, LexisNexis Butterworths India. “We have been in India for more than a decade and this merger significantly strengthens our content suite, the platform for our future growth in online and print publishing. This merger enables us to provide richer, more comprehensive solutions to the Indian legal industry including integrated content from key markets such as the United Kingdom and Australia.”