SAO PAULO, May 17 /PRNewswire-FirstCall/ -- Thomson Reuters today announced that it has acquired leading Brazilian legal publisher, Revista dos Tribunais. Terms of the deal were not disclosed.
The legal profession in Brazil is significant and growing – the country has among the highest number of lawyers per capita after the U.S., with a growing base of medium and large law firms. The acquisition of Revista dos Tribunais presents a strategic opportunity for Thomson Reuters to lead the move to advanced information, software and online services for the Brazilian legal information industry – one that remains dominated by print resources until now.
"Revista dos Tribunais is a strong complement to our global portfolio of legal research, software and services," said Gonzalo Lissarrague, senior vice president of Latin America for Thomson Reuters Legal, who will oversee the combined operations. "This acquisition gives us tremendous advantage in the emerging Brazilian legal information market by providing an all-in-one service that will give Brazilian professionals quick access to the most accurate legal content available. Revista dos Tribunais brings a strong local brand, high-caliber content and authors, and deep customer relationships that will help build our online business in Brazil."
Antonio Belinelo, who will remain as general manager of Revista dos Tribunais at Thomson Reuters, added: "The Thomson Reuters Westlaw platform and the company's depth of experience helping legal professionals around the world with online services presents an extraordinary opportunity and will make the most of our combined knowledge and experience for our customers in Brazil. We are excited to join Thomson Reuters, and to build our business in alignment with the growing Brazilian legal information market."
Revista dos Tribunais has a prestigious 98-year history as a leader in the Brazil legal publishing market, and is synonymous with editorial quality, leading authors and a deep understanding of Brazilian legal professionals and their needs. Many Thomson Reuters brands and businesses around the world, including La Ley in Argentina, Sweet & Maxwell in the U.K. and West in the U.S., share this rich tradition in legal publishing.
Revista dos Tribunais has nearly 300 staff members throughout the country and 43 branches that will join Thomson Reuters. To date, their catalogue lists more than 2,000 published titles, making it an essential reference for judges, lawyers, notaries, and any professional or institution consulting on legal matters. Revista dos Tribunais publishes the most prestigious legal authors of Brazil. More information is available at http://www.rt.com.br.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (NYSE: TRI). For more information, go to www.thomsonreuters.com.
SOURCE Thomson Reuters