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In 1983, journalist and lawyer Tom Goldstein wrote an in-depth review of The American Lawyer that was published by the Columbia Law Review , observing that, following "a series of court decisions since 1977" that allowed self-promotion by lawyers; the magazine was the first to treat law as a business, rather than solely as a profession. [2]
In 1986, American Lawyer Media purchased Review Business Publications of Miami, which included four southern Florida newspapers: Broward Review, Palm Beach Review, Miami Review, and South Florida Medical Review. [3]
Warner Media, (later TimeWarner), a minority shareholder in the company, acquired Brill's stake in 1997. [1] That July, TimeWarner Inc. sold American Lawyer Media's print holdings to Wasserstein Perella & Co. [4]
The company was acquired, in 2001, by Dresdner Bank, then renamed Dresdner Kleinwort Wasserstein (DrKW). Dresdner subsequently merged with Allianz. [5] In 2007, ALM was purchased by Incisive Media for US$630 million. [6] In 2014, Wasserstein & Co. led a group of investors that acquired ALM Media from Incisive parent Apax Partners and its creditor Royal Bank of Scotland. [7]
The publication also sponsors annually The American Lawyer Industry Awards. [8]
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