The Economics of Legal Research
One doesn’t normally expect a Blog quite as focused as the Huffington Post to spend much time on the legal publishing industry but Peter Schwartz’s post on the Reinvention of Legal Research is worth a bit of attention.
A couple of extracts:
. . . [more]When online legal research platforms were proprietary, online publishers imposed per-minute and per-use pricing structures. This pricing model facilitated client cost-recovery and allowed publishers to use law firms as information wholesalers. Because information is now a commodity, law firm clients will no longer pay for online legal research. New flat-rate pricing models for online research products reflect this


