LexisNexis Legal & Professional has added 46 employees since the beginning of the year and anticipates adding about 150 more throughout 2016 as it creates new jobs and shifts jobs from elsewhere.
“The growth here in Raleigh ... is accelerating,” said Michael Lipps, managing director of the company’s legal software solutions division, which is headquartered in Raleigh. Today LexisNexis has 475 employees in Raleigh.
LexisNexis is currently looking to fill 94 open positions locally, primarily technology jobs, and is aggressively recruiting. Last week it held a recruiting open house that attracted about 180 people.
When LexisNexis moved from Cary to Raleigh in early 2014, the company only had enough employees to fill half the four-story, 120,000-square-foot building previously occupied by Red Hat on N.C. State University’s Centennial Campus. That prompted Lipps to contemplate whether he would need to sublease some of the space.
But the company’s continued expansion here made that unnecessary; it currently is occupying about 80 percent of the building.
“My biggest challenge is finding places to put people,” Lipps said. He added that the company has renovations in the works that will “add seating capacity ... so that we can accommodate what will be potentially, at some point, north of 650 people in this building.”
In addition to serving as headquarters for the division that provides software tools that help law firms and corporate legal departments operate their business and practice law more efficiently, the Raleigh site also is a corporate center for technology excellence.
Increasingly other divisions, such as the company’s legal research and business news and information units, are either shifting jobs to Raleigh or adding new hires for their technology departments here. Earlier this year, the company decided to move an unspecified number of jobs from Ohio to Raleigh.
About two-thirds of the 94 positions the company is seeking to fill locally are for other divisions, Lipps said.
Lipps, who worked for Intuit in Silicon Valley before joining LexisNexis, credited the growth of the Raleigh office to the top technology talent that LexisNexis has been able to find locally.
When LexisNexis announced in 2012 that it would create a center of excellence in the Triangle, it planned to add 350 high-paying jobs – with an average salary of $91,644 – over five years enabled it to attract up to $8.9 million in state incentives. Those incentives are contingent on the company meeting its hiring target.
With one year left to go on its five-year plan, LexisNexis is “very close to getting to that number already,” Lipps said.
LexisNexis is headquartered in New York City and employs 10,000 people worldwide. The company is a division of London-based RELX Group, formerly Reed Elsevier, which last year generated $6.73 billion in revenue.