What Does JCPenney Disaster Portend for Law Publishing?

 

“Don’t destroy your old revenue model before you have proved your new revenue model.”

So said one CEO in response to the J.C. Penney disaster.

One comment to the above Forbes article ridiculed the company for trying to “fire” its mid-market customers in order to replace them with upper-market (pricing) customers.

Is there a lesson in any of this for legal publishing and information companies?

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