Traditional legal academic publishing to tumble?

"Academic publishers have long held a stranglehold over academics and their institutions, requiring academics to research, write, and edit for a publishers’ journals while turning around and selling the journals to the academic institutions at exorbitant prices. Mathew Ingram (@mathewi) writes at Fortune that we may be seeing some cracks in the system. In nothing short of a mutiny, the editorial staff of a major research journal, Lingua, has resigned en masse to protest Reed Elsevier (parent of LexisNexis) failing to embrace open access academic publishing. The group expects its action to encourage editorial staff at other academic journals to do the same. Once their covenant not to compete agreements expire they’ll start their own open-access online publication providing the same coverage. Stefan Muller of the Free University of Berlin, in an email to Inside Higher Ed (c/o Ingram) explains why many academics have a problem with the business model of academic publishers ..."