In a major move in the publishing industry, LexisNexis, a leading publisher and online solutions provider for legal, tax, academic, and test-prep has announced the acquisition of the Universal Law Publishing titles.Universal Law Publishing has been publishing legal books and legislation for legal professionals, academics and students in the Indian market for five decades.
Universal has published popular works from eminent authors like PM Bakshi, HM Seervai, KD Gaur, Justice VR Krishna Iyer, Justice PN Bhagwati, Justice Michael Kirby, Soli J Sorabjee and ArunJaitley and the acquisition gives LexisNexis India a deeper penetration in the Indian market.
Mohan Ramaswamy, Managing Director, India, LexisNexis Legal & Professional said, “Universal Law Publishing perfectly complements our existing range of offerings in the legal market. Their presence in the bare act space expands our reach to a large set of legal practitioners. And soon, we expect to make Universal’s content available on our Indian online legal research solution – Lexis®India – providing even more content to our customers.”Mr. Pradeep Arora, Mr. Sanjeev Arora, and Mr. Manish Arora, the Directors at Universal Law Publishing Co. Pvt. Ltd also expressed happiness at the happening of the acquisition and said, “LexisNexis India is one of the leading publishers and online solutions providers with many good authors and titles. This combination gives our authors an opportunity to work with superior editorial and product development systems with higher quality benchmarks that provide greater value to customers. Under the aegis of LexisNexis Editorial and supported by their strong Marketing and Sales teams, Universal Law Publishing titles will now be accessible in more markets.”
TJ Viljoen, CEO Asia Pacific, LexisNexis Legal & Professional also supported the move by the Indian arm of LexisNexis and said, “This is great news for the Indian market and customers. LexisNexis is committed to India, and we will continue to make the right investments to help our customers become more effective, efficient, and productive in their professions. We will continue to partner with those interested in advancing the Rule of Law further through their quality of works, actions, and innovation.”
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services, an area where they continue to have a strong hold.
Lexis Nexis is part of the Reed Elsevier Group which is world-leading provider of information solutions for professional customers across industries. The group employs about 28,000 persons, a number that may increase due to this acquisition.