The thermodynamical properties, structure and rheology of laponite dis
persions have been studied as a function of solid fraction and ionic s
trength. The dispersions undergo a transition from Newtonian liquid to
viscoelastic solid without phase separation. The increase of the ioni
c strength shifts the transition to lower solid fraction and a phase d
iagram has been constructed for the onset of viscoelastic solid like b
ehaviour. This sol-gel transition line coincides with the appearance o
f a singularity in the equation of state as determined by osmotic pres
sure measurements. Analysis of the dispersions by transmission electro
n microscopy (TEM) and small-angle X-ray scattering (SAXS) shows corre
lated but well separated particles. In order to elucidate the nature o
f the observed sol-gel transition and the particle organization, we di
scuss the role of particle anisotropy coupled with diffuse-layer repul
sion.