Why Bloomberg Law?
Top 10 Reasons Law Firms Use Our Platform
Bloomberg Law combines the latest in legal technology with workflow tools, comprehensive primary and secondary sources, trusted news, expert analysis, and business intelligence to help improve attorney productivity and efficiency.
Based on our latest customer satisfaction survey, here are the Top 10 Reasons to consider adding Bloomberg Law to your practice.
1. All-Inclusive Coverage at a Firm, Fixed Price
Our single platform means you’ll never have out-of-plan charges or multiple log-ins — just unmetered access to everything Bloomberg Law has to offer.
Bloomberg Law is “free” to search, that is, everything is prepaid. I don’t worry about transactional research costs.
3. Secondary Content
Bloomberg Law Portfolios and Manuals, available only on Bloomberg Law, bring a tradition of excellence to our offering of secondary content, joining nearly 600 proprietary and licensed treatises organized by practice area in our reference library.
The books and treatises available are a comprehensive online library of resource materials.
Bloomberg Law News covers the legal and business landscape with more than 40 news channels that can be customized to your needs. News coverage also includes ALM Media News brands such as The American Lawyer and New York Law Journal, and access to 75,000 news sources from the Bloomberg Terminal, with alerting functionality.
I was able to get daily updates on what was impacting businesses during the pandemic in the daily Coronavirus Legal News. I learned about what was going on in the practice of law through reading the Weekend Reads and I was able to do a deeper dive on topics that were more complicated.
5. Bloomberg Quality & Accuracy
Bloomberg Law is committed to the continuous improvement of our legal platform – including new and improved content and tools and added functionality – at no cost to existing subscribers. Our world-class 24/7 customer support will help you find the answer you need, whenever you need it.
Bloomberg's customer service and librarian relations team members are outstanding. Ready, willing, and able seems to be their motto and we are much better for it!
6. Practice Area Coverage
Intuitively organized practice area coverage in 16 practice centers provides everything your practice needs from primary sources to dockets, news, treatises, practice tools, and Practical Guidance. Similarly, our intelligence centers for Business, Litigation, and Transactional offer organizational efficiency and exceptional content such as:
- Bloomberg’s renowned business and financial information (Business Intelligence Center)
- Precedent Search Database with more than 2 million negotiated documents (Transactional Intelligence Center)
- State Resources Pages (Litigation Intelligence Center)
Bloomberg Law's Litigation Intelligence Center has everything I need for my daily litigation tasks: docket search and access; opinion search; law and regulation search. The added value features are Smart Code to quickly find court decisions interpreting a particular regulation/statutory provision and Points of Law search.
7. Case Law Research
Bloomberg Law offers more than 14 million state and federal court opinions with BCite, our proprietary citator, and Smart Code, a virtual annotated code for state and federal codes, rules, and regulations with a strength-of-discussion indicator. Award-winning Points of Law, an AI-powered tool, identifies legal principles, standards, and elements in our database of court opinions to help you identify the most relevant cases for specific legal topics.
I've found the Points of Law to be a very useful addition to my research. If I can find a Point that's useful in a case, it often points me to additional useful supplementary case law that I wouldn't have otherwise found.
8. Practical Guidance
Step-by-step Practical Guidance — more than 6,500 documents of coverage — combines our legal expertise with how-to procedural guidance so your team can manage assignments productively and confidently.
Bloomberg Law provides Practical Guidance that helps me know what’s market for areas of the law that I do not practice frequently.
I have had great success utilizing the litigation analytics features to research opposing counsel, law firms, and judges. In particular, the features allow me to determine the experience of opposing counsel in certain areas.
Draft Analyzer harnessed the power and resources available through Bloomberg Law and puts them all into one screen centered around the actual transaction document you are working on. It is easy to navigate and access helpful material to assist in the review and drafting process.
10. Practitioner Tools
Bloomberg Law offers time-saving practitioner tools such as:
- State Chart Builders, analyzing thousands of topical issues across multiple jurisdictions
- Legislative and regulatory Trackers with alerting and filtering functionality, keeping you ahead of the latest changes affecting key practice areas
- Practice area Fast Answers, providing succinct answers to critical questions and a gateway to deeper coverage
There is nothing in the market that parallels Bloomberg's Chart Builder … it reduces research time by incredible quantities.