Funny Money, Some of It Squandered, in Law Publishing
The first of my series of Slaw contributions was entitled “Legal and Professional Publishing – It’s the Money, Stupid” and, it being from an era long-since forgotten, focused on the madness of small, low or negligible-profit law publishers trying to compete with the market giants. Of course, everything has changed since then, with all the focus being on new start-ups being massively funded and quickly acquiring outrageous market values. Yet, making actual profits from trading is something else. Extant owners and shareholders, if they are lucky, are able to profit hugely, as the startups in question are . . . [more]


