When was Bloomberg Law launched?
Bloomberg Law was first released under a pilot program in late 2009 and formally launched in 2010. Bloomberg L.P. introduced the service to provide legal research integrated with financial and company data.
Questions about Bloomberg Law
Short answers, pulled from the story.
How does Bloomberg Law differ from LexisNexis and Westlaw?
Bloomberg Law integrates Bloomberg's proprietary company and financial data, global news network, and legal research tools in a single platform. It is priced under a fixed monthly fee that includes all features, unlike traditional per-search pricing models.
What is the Bureau of National Affairs and how does it relate to Bloomberg Law?
The Bureau of National Affairs (BNA) was a legal publisher that Bloomberg L.P. acquired in 2011. Its legal materials were integrated into Bloomberg Law, and Bloomberg BNA later took over day-to-day operations of the platform in 2014.
What artificial intelligence features does Bloomberg Law offer?
Bloomberg Law uses artificial intelligence in three tools: Points of Law, which identifies court decisions on specific legal points; Smart Code, which creates virtual annotated codes using machine learning; and Brief Analyzer, which reduces time spent analyzing legal briefs.
What is Bloomberg Industry Group and how does it relate to Bloomberg Law?
Bloomberg Industry Group is the name Bloomberg BNA adopted in September 2019. It serves as an umbrella organization that includes Bloomberg Law, Bloomberg Tax, Bloomberg Government, and Bloomberg Environment.
Who are the attorneys and professionals that Bloomberg Law serves?
Bloomberg Law provides services to attorneys, law students, and other legal professionals. Its tools cover practice areas for both litigators and transactional attorneys, with features such as dockets, analytics, and practice guidance.