January 8, 2008 - LexisNexis acquired Redwood Analytics, a provider of business performance analytics software for large law firms and resource for business performance benchmarking services.

 

Redwood software, which includes the Redwood Analytics suite, integrates with large law firms’ time, billing and accounting systems to deliver performance analytics that enable them to manage profitability, business development, fee collection, key performance indicator goal setting and tracking, matter planning and external benchmarking.

 

Redwood business analytical software joins the LexisNexis client development solution line, which includes InterAction, atVantage, Martindale-Hubbell and LexisNexis news and business sources.

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