The legal research company Fastcase has acquired one of its prime competitors among middle-market legal research providers, Loislaw. Fastcase has purchased Loislaw from Wolters Kluwer, which had acquired it in 2000 for $95 million.
LoisLaw subscribers began receiving notices over the weekend informing them of the news. The letter stated that WK will sunset the Loislaw product effective Nov. 30, and that “we are collaborating with Fastcase so they can offer comparable subscription plans on the Fastcase platform, including Loislaw treatise libraries, at the same or lower prices as your current Loislaw subscription.”
- Shake-Up In Legal Research: Fastcase Acquires Loislaw From Wolters-Kluwer (lawsitesblog.com)