Practical Law Company: British Invasion Brings a KM Model to US Legal Market

Practical Law Company (PLC) is on a mission to drive inefficiencies out of the way business law is practiced. The company has established itself as a respected player in the UK, and with a new CEO is setting its sights on the US. PLC’s “by lawyers for lawyers” approach was established well before current ideas of peer-to-peer knowledge sharing took root, but has grown increasingly relevant as the legal services industry grapples with pressures to control costs and meet client demands for efficiency. This report contains:

- Company highlights, including target market and analysis of PLC’s offerings and US launch plans;
- Analysis of what factors make Practical Law Company unique;
- Details of the competitive landscape, including direct and indirect competition;
- Analysis of market threats and opportunities;
- Company-at-a-glance table with PLC’s estimated revenue, business model, and key products;
- Essential actions for publishers and other information and technology providers targeting the legal services industry.