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Thomson Reuters, the company behind legal must-haves like Westlaw and FindLaw, launched its newest legal service last week: Practice Point.
Practice Point seeks to make legal information more useful and easily accessible -- and hence, your work more bearable -- by bringing together the expertise, legal knowledge, and technology that you need, as you need it. Here's a quick preview.
Practice Point works by taking the best of Westlaw, Practical Law, and Thomson Reuters' legal expertise and combining them through task-based organization. (Disclosure, in case you didn't catch it above: Thomson Reuters is FindLaw's parent company.)
If you need to draft a joint venture agreement, for example, everything you need is right there. Just look up joint venture tasks and select between domestic joint venture agreements, international agreements, licensing and transfer agreements, or management and administrative services agreements.
Those simple-to-use, task-based menus are the key to Practice Point. According to Thomson Reuters:
Practice Point is uniquely organized with menus arranged by practice area, task or project, to make it easier for attorneys to find exactly what they need. Its task-based organization draws content from the best of Westlaw and Practical Law that is specifically selected by expert attorney-editors. This ensures the most relevant information is most prominent, giving users the confidence that they are getting the most complete and relevant information for every task.
Practice Point doesn't just gather legal information, it curates it. As Thomson Reuters explains, Practice Point relies on more than 200 in-house attorney-editors to "create, handpick, and regularly update Practice Point resources, allowing you to be confident you have the latest information."
That's a butt-ton of lawyers to have behind the product and their expertise is wide-ranging. The Practical Law editorial team covers topics as diverse as antitrust, real property, and state-specific content. It offers everything from "practice notes, standard documents and clauses, checklists, and toolkits, created and regularly updated by Practical Law attorney-editors. Practice Point also delivers Westlaw authoritative primary law, exclusive analytical materials, practice area insights, secondary sources, forms, and more."
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