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Practical Law Company (PLC)

Practical Law Company (PLC)

PLC is the leading publisher of know-how for business lawyers.

The company was founded in 1990 with the launch of PLC Magazine by two solicitors previously with Slaughter and May. The magazine rapidly established itself as the leading source of practical know-how for UK business lawyers.

Building on this success and exploiting internet technology, PLC has launched a range of premium web services through their site - all now market-leaders in their practice areas. Each web service comprises a core of continually maintained practice notes and standard documents with detailed drafting notes, as well as high-quality daily updates with practical analysis.

PLC employs a team of over 60 experienced transactional lawyers, most with experience in City firms (some at partnership level). It is known for its uniquely practical approach to know-how, an ability to identify, distil and present what is useful for busy transactional lawyers, as well as leading edge information technology expertise.

PLC recently won a tender to provide a reliable and comprehensive current awareness service for Freshfields Bruckhaus Deringers UK corporate group. Among the reasons for choosing PLC were the experience of its professional support lawyers and its continuing significant investment in technology (see here for further details).

PLC has a large and experienced in-house software development team. The IT Director worked for many years on know-how and other systems at Slaughter and May. It has developed a single source, XML-based publishing system allowing editors to generate and amend content directly without technical intervention. This system also allows for the seamless publishing of content to a range of formats including magazines, directories and websites. PLC's sites are run on a resilient and scaleable Oracle platform.

New product initiatives combining PLC's legal skills with technology include:

  • PLC FastDraft - automated suites of documents together with associated know-how for common transactions. These will offer considerable advantages over current automation software including reduced authoring and maintenance costs and the re-use of information across entire transactions not just single documents (more).

  • PLC Diligence - a workflow application that radically improves the efficiency, risk control and quality of due diligence work carried out by law firms. PLC Diligence ensures focus on the clients value drivers, transforms data collection and report production, delivers know-how at the point of need and provides a contract management tool with ongoing value to the firm and client (more).

  • PLC FirmStyle - a unique customisation service that enables you to automatically download Practical Law Company standard documents in your firms house style (more).
For further information about PLC and its services contact Guy Baring on +44 207 202 1239 or guy.baring@practicallaw.com.


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