FindLaw Acquires Hubbard One
Industry's Leading Web Marketing Expertise, Combined With FindLaw's Leading Audiences and Community, Gives Law Firms Superior Services for Building, Managing Profitable Relationships
EAGAN, Minn., July 26 -- FindLaw® (www.findlaw.com), a Thomson business (NYSE: TOC; TSX: TOC), today announced the company has acquired Hubbard One, the legal profession's leading provider of marketing applications to large U.S. law firms. The combination of Hubbard One and FindLaw creates the legal industry's broadest, most comprehensive and first fully integrated suite of business and marketing applications, connected to the world's largest, best-qualified audiences and communities. The acquisition also accelerates FindLaw's strategy to be the legal profession's premier provider of business and client development products and services.
Hubbard One joins FindLaw on the heels of FindLaw's acquisition of Glasser LegalWorks and the launch of the Thomson Legal Record, an innovative service that enables in-house corporate counsel to do due diligence by researching the litigation track record of outside lawyers and law firms. The combined strength of these services enables large law firms to build profitable relationships with current and prospective clients by tapping into established and engaged audiences of corporate counsel, business professionals, consumers and legal professionals in person, in print and on the Web.
Through the acquisition, Hubbard One will become part of FindLaw, aligned with the Thomson Legal & Regulatory market group. Hubbard One's operations, employees and management will continue to be based in Chicago. Hubbard One President and CEO John Fish will join FindLaw as vice president and general manager, Hubbard One. The terms of the acquisition were not disclosed.
Founded in 1997, Hubbard One ranked ninth on Inc. magazine's 2004 list of the 100 fastest growing companies in urban America. Hubbard One specializes in developing business services and applications, and powers marketing and client development efforts for more than 60 of the AmLaw 200 law firms.
Next-Generation Legal Marketing Applications
The combined offerings of Hubbard One and FindLaw include award-winning Web site design and hosting services, extranets and analytical tools. Moreover, FindLaw delivers superior value by connecting law firm marketing efforts with the largest communities of in-house corporate counsel, businesses and consumers through Findlaw.com. This portal ( http://www.findlaw.com ) is the highest-trafficked legal information Web site and home to the West Legal Directory®, the most often consulted directory of lawyers and law firms on the Internet.
FindLaw has become the legal industry's top consumer and business brand thanks in-part to exclusive partnerships with the Web's leading destinations, including Yahoo!, America Online and Internet Broadcasting Systems. FindLaw also syndicates its unique collection of authoritative legal content and resources to the nation's most trusted news and business outlets, including The Wall Street Journal Online, CNN, New York Times, Washington Post, Fox News and more.
"Integrated business and marketing applications -- drawing on Thomson content and software assets from West and Thomson Elite -- will deliver innovative new solutions for law firms and corporate legal departments," said FindLaw President and CEO Debbie Monroe. "FindLaw is home to the Internet's largest and most powerful community of corporate counsel, business professionals and consumers. Our combined offerings deliver additional value to current Hubbard One and FindLaw customers, while creating new opportunities to provide tailored offerings to meet the needs of law firms of all sizes."
"Hubbard One and FindLaw have a shared vision for enabling law firms to harness the power of the Web to build strong, profitable relationships with current and prospective clients," said John Fish, vice president and general manager, Hubbard One. "Individually, both companies have redefined how legal professionals use technology to develop their businesses. Together, we will shape how legal marketing services, integrated with law practice management technologies, drive stronger, more sustainable growth for law firms in the future."
FindLaw (www.findlaw.com) is the leading provider of online legal information and solutions for the legal community, businesses and individuals. According to comScore Media Metrix, a leading independent Web usage reporting service, the FindLaw Internet portal is the highest-trafficked legal Web site with 3.7 million unique monthly users -- three times more than its closest competitor. The site provides comprehensive, plain-English legal information to businesses and individuals. These resources include West Legal Directory®, the Internet's largest directory of lawyers and legal professionals. FindLaw also offers comprehensive information, resources and services for law practice and legal career development, including free case law, an online career center, breaking legal news, newsletters, message boards, service directories, continuing legal education and legal search tools. In addition, FindLaw provides access to tools and services that help connect legal professionals with potential clients. FindLaw is a business within The Thomson Corporation(NYSE: TOC; TSX: TOC).
About The Thomson Corporation
The Thomson Corporation (www.thomson.com), with 2003 revenues of $7.6 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. With operational headquarters in Stamford, Conn., Thomson has approximately 39,000 employees and provides services in approximately 130 countries. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).