vLex acquires Justis, expanding its global legal intelligence platform by more than 20 countries
LONDON and BARCELONA, March 29, 2019.- vLex today announces the acquisition of Justis Publishing Ltd., a UK-based leader in online legal publishing with clients in over 40 countries including the UK, Ireland, the US, Canada, the Caribbean, Hong Kong, Singapore, Australia, and New Zealand. Terms of the deal were not disclosed.
Justis, headquartered in London, will become part of vLex, and Masoud Gerami and his team will assume important roles in the global growth of the combined business.
This acquisition gives vLex more than a foothold in the dynamic U.K. legal marketplace. The combination of Justis’ comprehensive and high-quality case law collection and their common law specific dissemination technology with vLex’s AI-powered tools and services, such as Vincent and Iceberg AI, will introduce contextual research and access to global legal resources to the UK and other key markets covered by Justis. And the addition of Justis clients and relationships in North America bolsters vLex presence in important U.S. & Canadian markets where the Company currently has local teams, a growing customer base and a rapidly expanding presence as a leader in legal AI.
According to Lluis Faus, vLex CEO, “this acquisition marks an exciting period for vLex, demonstrating our relentless commitment to the growth of our exclusive content coverage and global operations. The combination of Justis and vLex’s collections enables us to further deliver on our goal of building the most comprehensive global solution for legal professionals.”
The value created by this acquisition creates compelling opportunities for institutional clients and firms to gain unparalleled access to extensive and high quality legal information materials from the US, UK, Canada, Continental Europe, Latin America, Ireland, the Caribbean, Australia and Southeast Asia using cutting-edge and advanced search and analytics tools, translation and AI-powered solutions that can be integrated into their daily workflow.
Masoud Gerami, the Managing Director of Justis, said: “Justis has always played a key role in the modern era of information dissemination in the UK and other common law regions by being innovative and disruptive. I am delighted that being part of the vLex group will give me and my team the opportunity to continue our aims and visions, and build on the strengths that the previous ownership afforded us. I strongly believe that the combination of the two organizations’ data coverage, technology, skilled teams and visions will offer the global alternative that has long been overdue.”
Justis has been at the forefront of the digital dissemination of legal information for over 33 years. JustisOne, its flagship legal research platform is trusted by law firms, barristers, government departments and academic institutions around the world. Justis’ unique software brings new ways to search, interpret and analyze legal information.
Justis gives access to the most comprehensive collection of common law cases, alongside advanced legal technology, including content from Australia, Anguilla, Antigua & Barbuda, Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Canada, Cayman Islands, Dominica, EU, England & Wales, Grenada, Guyana, Ireland, International, Jamaica, Jersey, Montserrat, New Zealand, Northern Ireland, Scotland, Singapore, St. Christopher & Nevis, St. Lucia, St. Vincent & the Grenadines, Trinidad & Tobago, Turks & Caicos, and United Kingdom.
Justis has redefined case law research by bringing into focus every case from every superior court, and that has only been possible by the addition of intelligent analytic tools which make access to relevant precedent more precise and faster. This combination, plus the addition of components such as the largest legal information taxonomy which has been editorially developed by Justis have changed the way common law practitioners access case law.
vLex delivers “Your World of Legal Intelligence” through personalization, global coverage, and artificial intelligence. Hundreds of thousands of clients of all sizes, and millions of users around the world rely on vLex to address their research and legal technology needs. vLex’s team of over 130 lawyers, engineers, and editorial experts apply the power of Iceberg AI cloud-based data hub to ingest, enrich, classify and deliver the insights contained in over 100 million legal documents from 2,000+ multilingual and multi-legal system global sources. vLex’s intuitive platforms, tailored to the geographic, topical and functional need are powered by leading global innovations and the latest in machine learning advances.
Vincent is the first AI-powered intelligent legal research assistant of its kind. Independently trained and operational in the laws of multiple countries, it analyzes documents in English and Spanish to extract insights and generate the most relevant results from among vLex’s extensive libraries and customers’ knowledge management collections.
Iceberg AI is a data platform developed by vLex for its own use but available to enterprise SaaS clients to apply to their own data. Iceberg AI can operate end-to-end, allowing clients to import, crawl and connect data sources, enrich and combine datasets with machine learning modules, rules-based automations and human workflows, to generate exponential value that transforms products and entire organizations.
With Global headquarters split between Miami, U.S.A. and Barcelona, Spain the vLex team also has executive, customer support and engineering teams in Canada and throughout Latin America.
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