New York—Forbes Media has signed an agreement to license its proprietary publishing platform to ALM. The move marks the first agreement in Forbes' previously announced plan to license the technology to other media companies.
Under the agreement, ALM will license the Falcon software, the digital publishing platform used by Forbes.com's contributor network, including its BrandVoice marketing partners. Forbes Media will host ALM's flagship website, www.law.com, and provide ongoing consulting and custom software development services.
ALM plans to relaunch its Law.com, which currently aggregates content from its legal brands, in the first quarter of 2014. The relaunched site will include a contributor network that will be “a groundbreaking digital platform for thought leaders to provide the legal community with opinions and insights on today's top issues and happenings,” said Jeff Litvack, chief digital officer of ALM, in a statement.