Fastcase opens up legal research
It's happening again. Another bloated, proprietary industry is giving way to an "open-source" alternative.
The industry? Legal research.
With an increasing number of legal opinions online, rather than locked behind LexisNexis or Westlaw, Fastcase was bound to arise. Fastcase is an up-and-coming competitor to these locked-down, expensive services, offering access to a large legal database at a fraction of the cost. Fastcase still needs to scan and index all the legal opinions still held in books, but this is something that an offshore team can do at a low price.
Fastcase won't unseat Lexis-Nexis or Westlaw anytime soon, just as open-source software alternatives aren't putting anyone out of business today. But the writing is on the wall, according to a June 30 Forbes article released online this week:
Bigger law firms will continue to use Westlaw and Lexis for a long time. The established vendors have the most current and comprehensive databases, and, says Thomas Fleming, lawyers know them best....[Fleming's] firm uses Fastcase for quick searches and to cross-check citations, but he says it has a "phenomenal niche" serving smaller firms that can't afford Wexis.
Niche today, market dominance tomorrow. That's the way the open-source song goes...
Matt Asay brings a decade of in-the-trenches open-source business and legal experience to The Open Road, with an emphasis on emerging open-source business strategies and opportunities. Matt is vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure. You can follow Matt on Twitter @mjasay. 



- by a403n June 14, 2008 9:42 AM PDT
- Nice article..
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