Type of site | Subscription-based service for online legal research |
---|---|
Available in | English |
Owner | Michael Bloomberg (88%) and Bank of America (12%; through Merrill Lynch) |
Parent | Bloomberg L.P. |
URL | pro |
Commercial | Yes |
Registration | Required |
Launched | 2010 |
Current status | Online |
Bloomberg Law is a subscription-based service that uses data analytics and artificial intelligence for online legal research. The service, which Bloomberg L.P. introduced in 2009, provides legal content, proprietary company information and news information to attorneys, law students, and other legal professionals. [1] More specifically, this commercial legal and business technology platform integrates Bloomberg Law News with Bloomberg Industry Group's primary and secondary legal content and business development tools. [2] [3] [4] [5]
Bloomberg Law's web-based platform was first released under a pilot program in late 2009. [6] According to the Financial Times , "the unit forms part of the data provider's drive to diversify beyond the banks and investment groups that make up the core customers for its eponymous terminals." [7] In 2010, the service was formally launched. [1] According to Bloomberg BNA, the platform was developed to help law firms grow their top line revenue, provide counsel by getting answers quickly and efficiently, and maintain and increase their profitability. [8]
Prior to the creation of Bloomberg Law, two services, LexisNexis and Westlaw, comprised the majority of the legal research market. Bloomberg L.P. sought to separate itself from the competition by offering an integration of the Bloomberg company and financial data with legal research. Bloomberg Law combines content from Bloomberg's global news network, legal analysis, court dockets, legal filings and reports from Bloomberg legal analysts as well as business news and information. Attorneys can also draw upon stock charts, search patent histories and find information about relevant judges and attorneys. [9] The service is priced to include all features under a fixed monthly fee. [10]
In 2011, Bloomberg L.P. purchased Bureau of National Affairs (BNA), [11] [12] and integrated legal materials from BNA into Bloomberg Law. [13] Features include Litigation and Dockets, Legal and Financial Analytics, Business Development Center, Practice Tools and News and Law Reports. [14] In September 2019, Bloomberg BNA changed its name to Bloomberg Industry Group, which includes Bloomberg Law, Bloomberg Tax, Bloomberg Government, and Bloomberg Environment. [15]
In October 2010, Lou Andreozzi, a former chief executive officer of LexisNexis North American Legal Markets, joined Bloomberg Law as chairman and Larry Thompson, a former global marketing officer of LexisNexis, joined as chief operating officer. [16] In September 2011, Bloomberg acquired legal publisher Bureau of National Affairs (BNA) to bolster its proprietary data and content. [17]
In September 2012, Greg McCaffery was named chief executive officer of Bloomberg Law. McCaffery had previously served as chief executive officer and president of Bloomberg BNA. [5] [18] In January 2014, Bloomberg BNA, a Bloomberg L.P. subsidiary, took over day-to-day operations of Bloomberg Law. [19] In 2018, Josh Eastright assumed the role of CEO of Bloomberg BNA. [20]
Between 2014 and 2015, Bloomberg Law expanded and debuted features including dockets covering state, federal, and select international court cases, financial and legal analytics, and practice-specific products for corporate transactions, [21] privacy and data security, and banking. In July 2018, Joe Breda was named President of Bloomberg Law, succeeding Scott Mozarsky. Breda previously served as the Executive Vice President of Bloomberg Industry Group's (then called Bloomberg BNA) Product team. [22]
Bloomberg Law has integrated Bloomberg Industry Group products and focuses on practice tools for attorney productivity. [23]
LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in
Wexis is a humorous portmanteau used to refer to the alleged duopoly of publishing conglomerates that dominate the U.S. legal information services industry – namely, West Publishing and LexisNexis.
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Westlaw is an online legal research service and proprietary database for lawyers and legal professionals available in over 60 countries. Information resources on Westlaw include more than 40,000 databases of case law, state and federal statutes, administrative codes, newspaper and magazine articles, public records, law journals, law reviews, treatises, legal forms and other information resources.
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Weil, Gotshal & Manges LLP is an American international law firm with approximately 1,100 attorneys, headquartered in New York City. With a gross annual revenue in excess of $1.8 billion, it is among the world's largest law firms according to The American Lawyer's AmLaw 100 survey. It is considered to be one of the most prestigious law firms in the world.
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A table of authorities is part of a legal brief that contains an index of the cases, statutes, and secondary sources cited. This article deals specifically with the characteristics of tables of authorities in the United States. The table of authorities, often called a TOA, is frequently a legal requirement for litigation briefs; the various state courts have different rules as to what kinds of briefs require a TOA. The TOA list has the name of the authority followed by the page number or numbers on which each authority appears, and the authorities are commonly listed in alphabetical order within each grouping. The intention is to allow law clerks and judges to easily and rapidly identify and access the legal authorities cited in a litigation brief.
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