The wisdom of the masses may not be worth much, but publishers seems to be taking into account the wisdom of experts. The impact web-based options have on legal publishing will be interesting, because it allows newcomers to create products without, perhaps, having the infrastructure of dominant companies.
It isn’t a new idea. The idea of crowd-sourced legal information gets floated every so often. Using people to add editorial value to content is also as old as the hills. (Most obvious example: Wikipedia.) The difference is that in the legal world, publishers tended to hire authors. And crowdsourced projects struggled because they couldn’t attract the same commitment.
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