Thomson Reuters welcomes OFT clearance of Practical Law Company deal

Print This Post

28 March 2013


Thomson Reuters today announced that it has received formal clearance from the Office of Fair Trading (OFT) for its completed acquisition of Practical Law Company.

The acquisition brings together the world class legal information and tools of Thomson Reuters with Practical Law Company’s expert authored know-how resources.

Regulatory clearance in the UK means the “hold separate” undertakings entered into by Thomson Reuters with the OFT will now fall away, and the two companies can begin the process of integrating their product portfolios and business operations.

Thomson Reuters announced on 3 January that it had reached a definitive agreement to acquire Practical Law Company. Terms of the deal were not disclosed.



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Leave a comment

* Denotes required field

All comments will be moderated before posting. Please see our Terms and Conditions

Legal Futures Blog

How to make a case to the unconverted

Jonathan Whittle

The prospect of change is a daunting one, whether you’re a global firm or a small one. You might think that your firm’s working practices are fine, or that there’s no value in altering the way you do things because of the disruption it would cause. You might even see the benefits of using a different methodology, but still refuse to put the effort in to implement it – and you wouldn’t be alone. From our research in the 2016 report, The Riddle of Perception, we know that 73% of lawyers believe that adapting to change is not where their strength lies. However, it’s no longer optional.

November 16th, 2017