Business Summary Legal Research Center, Inc. (LRC) provides outsourced legal and factual research, writing and support services to U.S. and Canadian attorneys in corporate and private practice. LRC utilizes a carefully selected group of attorneys to provide value-added services to its customers by conducting computerized and manual legal and factual information research and analysis and preparing written memoranda, formal court-ready legal briefs and surveys of the law. As an adjunct to its core services, the Company also provides contract attorneys to law firms and corporate law departments on a temporary or permanent basis, and non-legal research services to the general public
Financial Summary Legal Research Center, Inc. provides outsourced legal and factual research, writing and support services to U.S. and Canadian attorneys in corporate and private prcatices. For the nine months ended 9/99, revenues increased 99% to $3.1 million. Net income totalled $581 thousand vs. a loss of $68 thousand. Revenues reflect an increase in traditional research and writing services. Earnings benefitted from increased interest income.
Recent Earnings Announcement For the 3 months ended 12/31/1999, revenues were 1,248; after tax earnings were 144. (Preliminary; reported in thousands of dollars.) |