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What you need to know for 01/19/2018

Publisher to end 125-year run in Albany

Publisher to end 125-year run in Albany

LexisNexis Matthew Bender will lay off 220 employees at its Albany plant beginning April 15, with pl

LexisNexis Matthew Bender will lay off 220 employees at its Albany plant beginning April 15, with plans to shut down the entire operation by the end of 2014.

Company officials cited the economy as a reason for the plant closing in a notice filed Tuesday with the state Department of Labor.

Matthew Bender, a leading publisher of legal analysis and case law, has had a presence in Albany since 1887. Then, 43-year-old Matthew Bender opened a shop at the corner of State Street and Broadway with his sons, where they sold only legal and law-related books. The shop gained national recognition nearly a dozen years later, and over the years, the family opened additional shops in New York City and San Francisco.

The Los Angeles-based Times Mirror Company bought Matthew Bender in 1963. Over the next three decades, Matthew Bender began publishing case law and eventually released its first CD-ROM publication. It was bought in 1998 by publisher and information provider Reed Elsevier to work in partnership with one of its operating units, LexisNexis. In 2002, it was renamed LexisNexis Matthew Bender.

“Matthew Bender products will continue to be delivered to customers regardless of changes at the Albany office,” said LexisNexis spokesman Marc Osborn.

Employees learned of the layoffs Tuesday, within the required 90-day notice period. Osborn said the layoffs will occur incrementally over the next two years. Some employees will be given the opportunity to relocate to other Matthew Bender offices, he added.

Today, Matthew Bender has locations in Albany; Conklin, N.Y.; Charlottesville, Va.; and Helena, Mont. The two-story Albany plant at 1275 Broadway employs workers in customer service and fulfillment departments.

LexisNexis provides customers access to billions of searchable documents and records from more than 45,000 legal, news and business sources, according to its website. It has headquarters in New York City and Alpharetta, Ga., with more than 15,000 employees worldwide.

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