Company History
Serving four million customers in 100 countries, LexisNexis is one of the world’s great information businesses, providing research and workflow solutions to the legal, corporate, regulatory and tax markets.
The company’s products allow professionals in business, government and academic organisations to reach decisions confidently.
In the UK, 60,000 organisations use LexisNexis services. LexisNexis products and services are used by all the top law and accountancy firms, most large companies, and almost all the local authorities in the UK, including Whitehall departments. The company trains tax advisors on the law, and judges on how to use online services. All UK universities benefit from the company’s products, as well as more than 10,000 civil servants.
LexisNexis is the largest and fastest-growing part of Reed Elsevier, the Anglo-Dutch FTSE-100 publisher and information provider to professional users. In 2005, Reed Elsevier reported revenues in excess of £5 billion.
It employs 36,000 people. With over 1,000 staff in the UK, and 13,000 worldwide, LexisNexis is a global company with global ambitions. LexisNexis draws on a heritage of almost 200 years. In the UK, the company is best known for its trusted legal and tax publishing brands Butterworths and Tolley. The company also offers flagship web-based services such as the award winning LexisNexis Butterworths legal and tax research platform and the LexisNexis current awareness business and news aggregation service. These combine access to almost five billion searchable documents from 34,000 trusted sources such as national newspapers, legal case materials and official company records.
Key Dates
1818: Butterworths legal publisher founded
1916: Tolley tax publisher founded
1966: LexisNexis founded as the Mead Data Corporation in the US
1970: Butterworth Group joins Reed
1973: Lexis legal service launched in US
1979: Nexis news aggregation service launched in US
1989: The one millionth LexisNexis user ID is issued
1994: Reed Elsevier acquires LexisNexis
1996: Butterworths Tolley created as Reed Elsevier purchases Tolley Publishing
1997: The UK’s first online legal research service – NetBOS - is launched by Butterworths Tolley
1998: LexisNexis Universe online news and business aggregation service is launched
2001: LexisNexis becomes global brand, absorbing Butterworth Tolley brand
2005: LexisNexis Butterworths global platform launched in UK
2006: LexisNexis Butterworths platform wins Online Product of the Year at the Legal Technology Awards
2006: The 10 millionth LexisNexis user ID is issued
2006: Visualfiles is acquired
