Law Technology News (LTN) is reporting this morning that LexisNexis (LN) will be reducing their headcount by approximately 500 employees in various locations in the United States. You can read the item here.  LTN is reporting that the statement was issued by Marc Osborn, senior director of communications for its Research and Litigation Solutions unit.  LN had not

Image [cc] Global X

Thomson Reuter’s flagship financial product, Eikon, is turning out to be more like the Titanic after hitting an iceberg. According to reports from the New York Observer, Thomson Reuters has laid off around 3,000 employees, most from the financial sector, including sales, training and analysts’ divisions. In addition to these,

Whether you like ‘em, hate ‘em, or just don’t care about ‘em… you have to admit that it has been an exciting week for the folks in Eagan, Minnesota. Let’s just step back and break down what happened this week:
11/16/2010 –  Major outage of Thomson Reuters online products (Westlaw, WestlawNext and more)
11/17/2010

As my good friend Jason Wilson told me a few minutes ago, “it is a sad day for legal publishing.” As we mentioned back in April, Thomson Reuters was shutting down its Banks Baldwin operations in Ohio and “after it closes, the work will be shifted to New York, Minnesota, the Philippines and India.”  Well,