ALM (company)
| Company type | Private |
|---|---|
| Industry | Media, Publishing |
| Founded | 1979 |
| Founder | Steven Brill |
| Headquarters | Manhattan , United States |
Area served | United States, International |
| Products | Magazines, newspapers, legal treatises, newsletters, conferences, trade exhibitions |
| Owner | Wasserstein & Co. |
| Website | www |
ALM—originally known as American Lawyer Media—is a media enterprise based in the Socony–Mobil Building located in Manhattan. It focuses on delivering business news and information tailored to the legal, insurance, and commercial real estate industries. Established in 1979 by Steven Brill with the launch of The American Lawyer, ALM has since secured a prominent position within its specialized markets.
Organization
ALM produces a portfolio of 33 magazines and newspapers that serve national, regional, and international audiences. Its publications include titles such as Credit Union Times, The American Lawyer, New York Law Journal, Corporate Counsel, The National Law Journal, The Legal Intelligencer, Legal Times, GlobeSt.com, and Real Estate Forum. Additionally, ALM manages the brands Law.com and Law.com International.
Beyond publishing, ALM organizes conferences and trade exhibitions aimed at executives and legal practitioners. The company's Law Journal Press imprint publishes more than 130 legal treatises. ALM’s multifaceted business approach also encompasses newsletter distribution, reporting on court verdicts and settlements, professional education seminars, market analysis, and content syndication services.
History
In 1997, Steven Brill sold ALM to Time Warner, largely motivated by Time Warner’s interest in its CourtTV investment. The following year, U.S. Equity Partners, L.P.—a private equity fund backed by Wasserstein & Co., L.P.—purchased ALM’s legal publishing assets from Time Warner. Soon after this acquisition, ALM expanded its reach by acquiring National Law Publishing Company (publisher of The National Law Journal and New York Law Journal) along with Legal Communications’ portfolio of legal publications, including The Legal Intelligencer.
In 1999, U.S. Equity Partners further broadened ALM’s offerings by acquiring Schein Publications, a real estate-focused publisher.
ALM was bought by Incisive Media in 2007 for an undisclosed sum. However, after undergoing financial restructuring in 2009, ALM regained independence through ownership by lenders and Apax Partners. In 2014, Wasserstein & Co. reacquired ALM for $417 million.
Continuing its expansion strategy, ALM acquired Summit Professional Networks in 2015 and the UK-based legal magazine Legal Week in January 2016, thereby strengthening its global footprint and influence within the legal publishing sector.
Publications
- The American Lawyer
- Credit Union Times
- The Legal Intelligencer
- The National Law Journal
- New York Law Journal
- ThinkAdvisor
- Law Journal Press
- Litigation Daily
- Legaltech News
- The Supreme Court Brief
- The Recorder
- Connecticut Law Tribune
- Delaware Law Weekly
- Texas Lawyer
- New Jersey Law Journal
External links
- American Lawyer Media Holdings featured in the International Directory of Company Histories, 2000.
- ALM (company)
- 1979 establishments in New York City
- American companies established in 1979
- Publishing companies established in 1979
- 1997 mergers and acquisitions
- 1998 mergers and acquisitions
- 2007 mergers and acquisitions
- 2009 mergers and acquisitions
- 2014 mergers and acquisitions
- Legal publishers
- Publishing companies based in New York City
- Former Time Warner subsidiaries
- Apax Partners companies
- Companies of the United States by year of establishment