East of Eagan

Wires just announced the development of Westlaw-Japan. Our friends at Eagan, MN have teamed up with Shin Nippon Hoki Shuppan K.K to create Westlaw Japan K.K., a business that will develop a new, state-of-the-art online service created expressly for the world’s second-largest legal information marketplace. Eagan MN

Since West now derives 68% of its legal and regulatory revenue from online, it made sense to focus on the largest undeveloped marketNote that non-North American sales make up only 15% of the West Thomson legal and regulatory market.

A few comments from the launch:

President Shozo Hattori – “We believe significant future growth will come from online services”.
Mike Boswood, president and CEO of Thomson Legal & Regulatory International – “We believe that the impact of ongoing legal reform on research needs means the Japanese market is ready for a new, comprehensive online service specifically designed to meet emerging needs amongst lawyers and corporate legal specialists” .
“Japan also represents the world’s second-largest market for legal information”.

Westlaw Japan K.K. is the first joint venture of its kind in the legal market in Japan. Shin Nippon Hoki Shuppan will provide Japanese law content, editorial staff, knowledge of the Japanese market, strong relationships with customers and an experienced sales channel. Thomson will provide the global technology platform, online infrastructure, expertise in developing and supporting online information solutions, and the strength of the Westlaw brand.

A smiling Mike Boswood: Mike Boswood Thomson West

Thomson shares closed Monday at $43.92 Cdn, up one cent, at the Toronto Stock Exchange.

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