Hildebrandt Splits from Thomson Reuters to Form New Legal Consultancy
Posted Jun 30, 2011 09:43 pm CDT
Hildebrandt Baker Robbins spun off from Thomson Reuters this week to form HBR Consulting, a move that some speculate was the result of conflicted interests and bias between the legal consultancy and publishing giant.
The two entities will maintain partnerships on engagements of mutual interest, despite the divestiture, which is effective July 1, according to a press release.
As bloggers and consultants weighed in on the split, some of the loudest voices cited the difficulty of selling both products and advisory services to the same clients, Law Technology News reports.
“I think Thomson Reuters always had a bit of an issue with selling products and also providing consulting to the same entities—a very hard sell because you really want your consultants independent and unbiased,” said George Rudy, CEO of Integrated Legal Technology and a consultant on LTN’s advisory board.
Hildebrandt founder, Brad Hildebrandt, will stay with Thomson Reuters to advise the company’s senior executives and law firm managing partners, according to John Shaughnessy, Thomson Reuters’ vice president, communications.