Bloomberg Law

Bloomberg Law's web-based platform was first released under a pilot program in late 2009.{{cite web |title=Bloomberg to Compete with Lexis and Westlaw |date=October 6, 2009 |access-date=April 3, 2013 |url=http://abovethelaw.com/2009/10/bloomberg-to-compete-with-lexis-and-westlaw/ |publisher=Above the Law (blog)}} 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."{{cite web |title=Bloomberg Law's Discounts Pose Threat |access-date=April 3, 2013 |url=http://www.ft.com/intl/cms/s/0/6cd25406-fb11-11df-b576-00144feab49a.html |work = Financial Times}} In 2010, the service was formally launched. 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.{{cite web|url=https://www.morningstar.com/news/pr-news-wire/PRNews_20160121DC04350/bloomberg-bna-announces-support-of-the-legal-aid-society-of-the-district-of-columbia-offers-complimentary-access-to-bloomberg-law-technology-platform.print.html|title=Bloomberg BNA Announces Support Of The Legal Aid Society Of The District Of Columbia -- Offers Complimentary Access To Bloomberg Law Technology Platform}}

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.{{cite news |title=Can Bloomberg Law Compete With Westlaw and LexisNexis? |access-date=August 4, 2011 |url=https://blogs.wsj.com/law/2010/07/08/can-bloomberg-law-compete-with-westlaw-and-lexisnexis/ | work = The Wall Street Journal}} The service is priced to include all features under a fixed monthly fee.{{cite web |title=Bloomberg LP Lays Down the Law |access-date=June 19, 2012 |url=http://www.crainsnewyork.com/article/20101121/SUB/311219986 |work = Crain's New York Business|date=November 21, 2010 }}

In 2011, Bloomberg L.P. purchased Bureau of National Affairs (BNA),Douglas, Danielle (August 25, 2011). [https://www.washingtonpost.com/blogs/capital-business/post/bloomberg-snags-bna-for-990m/2011/08/25/gIQA8pRodJ_blog.html?wpisrc=al_national "Bloomberg Snags BNA for $990M"]. Capital Business Blog (of The Washington Post). Retrieved June 20, 2013.{{cite web | last = Rodgers| first = Loren| title =BNA to Be Acquired by Bloomberg | work = The Employee Ownership Update| publisher = National Center for Employee Ownership| date = September 15, 2011 | url = http://www.nceo.org/employee-ownership-update/2011-09-15/printable | access-date = March 28, 2013}} and integrated legal materials from BNA into Bloomberg Law.{{cite web | author = Press release | title =Bloomberg Law Expands with Integration of BNA Content | publisher = Bureau of National Affairs | date = April 2, 2012| url = http://www.bna.com/bloomberg-law-expands-pr12884908753/| access-date = June 20, 2013}} Features include Litigation and Dockets, Legal and Financial Analytics, Business Development Center, Practice Tools and News and Law Reports."[http://www.bna.com/blaw-overview/ Bloomberg Law Overview]", Bloomberg Law. In September 2019, Bloomberg BNA changed its name to Bloomberg Industry Group, which includes Bloomberg Law, Bloomberg Tax, Bloomberg Government, and Bloomberg Environment.{{cite web |last1=O'Grady |first1=Jean |title=Bloomberg BNA Announces BIG Name Change Now: Bloomberg Industry Group |url=https://www.deweybstrategic.com/2019/09/bloomberg-bna-announces-big-name-change-now-bloomberg-industry-group.html |website=Dewey Strategies |date=September 4, 2019 |access-date=10 February 2020}}

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.{{cite news |title=Legal Briefs: Bloomberg Law Fills Pair of Leadership Positions with Former LexisNexis Executives |access-date=February 2, 2011 |url=https://www.washingtonpost.com/wp-dyn/content/article/2010/10/22/AR2010102205970.html | newspaper = The Washington Post |first=Amanda |last=Becker |date=October 25, 2010}} In September 2011, Bloomberg acquired legal publisher Bureau of National Affairs (BNA) to bolster its proprietary data and content.{{cite web |title=Bloomberg's $990M Bid for BNA Succeeds |access-date=February 29, 2012 |url=https://news.yahoo.com/bloombergs-990m-bid-bna-succeeds-203823323.html |publisher= Yahoo! News}}

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.{{cite press release |title=Greg McCaffery Named CEO of Bloomberg Law |access-date=September 21, 2012 |url=http://www.businesswire.com/news/home/20120904006492/en/Greg-McCaffery-Named-CEO-Bloomberg-Law |agency=Business Wire|date=September 4, 2012 }} In January 2014, Bloomberg BNA, a Bloomberg L.P. subsidiary, took over day-to-day operations of Bloomberg Law."[http://www.legaltechnews.com/id=1202613014814/Bloomberg-Law-to-Rebrand-as-Bloomberg-BNA?slreturn=20160129220134 Bloomberg Law to Rebrand as Bloomberg BNA]", Legal Tech News (July 30, 2013). In 2018, Josh Eastright assumed the role of CEO of Bloomberg BNA.{{Cite web |url=https://www.bna.com/josh-eastright-m73014460939/ |title=Josh Eastright | Bloomberg BNA |access-date=July 2, 2018 |archive-url=https://web.archive.org/web/20180629131032/https://www.bna.com/josh-eastright-m73014460939/ |archive-date=June 29, 2018 |url-status=dead }}

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,{{cite press release|url=https://www.prnewswire.com/news-releases/bloomberg-bna-launches-bloomberg-law-corporate-transactions-a-groundbreaking-disruptive-new-product-for-transactional-lawyers-300085605.html|title= Bloomberg BNA launches Bloomberg Law: Corporate Transactions|publisher=Bloomberg BNA|date=19 May 2015}} 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.{{cite web |last1=Ambrogi |first1=Bob |title=Breaking: Mozarsky Out As Bloomberg Law President; Breda Replaces Him |url=https://www.lawsitesblog.com/2018/07/breaking-mozarsky-bloomberg-law-president-breda-replaces.html |website=Lawsitesblog |date=July 10, 2018 |access-date=10 February 2020}}

Bloomberg Law has integrated Bloomberg Industry Group products and focuses on practice tools for attorney productivity.{{cite press release |title=Bloomberg Law Expands With Integration of BNA Content |url=https://www.bloomberg.com/company/press/bloomberg-law-expands-with-integration-of-bna-content/ |publisher=Bloomberg |date=5 April 2012|access-date=10 February 2020}}

• Dockets: Bloomberg Law Dockets cover state, federal, and select international court cases. Users also have access to Breaking Complaints, unlimited alerts, and searches.{{cite web|url=https://jamesonlawlibrary.wordpress.com/2013/09/08/docket-searching-easier-than-ever-on-bloomberg-law/|title=Docket Searching: Easier Than Ever on Bloomberg Law|work=Jameson Law Library Blog|date=September 8, 2013}}
• Analytics: There are two major sets of analytics available on Bloomberg Law: financial and legal."[http://www.legaltechnology.com/latest-news/is-this-the-next-big-thing-in-legal-it-as-bloomberg-launches-bloomberg-law-corporate-transactions/ Is this the Next Big Thing in Legal IT, as Bloomberg launches Bloomberg Law: Corporate Transactions]", Legal Insider (May 19, 2015).{{cite web|url=http://abovethelaw.com/2015/08/the-future-of-law-and-technology-an-interview-with-bloomberg-bnas-david-perla/|title=The Future Of Law And Technology: An Interview With Bloomberg BNA's David Perla|work=Above the Law|date=August 27, 2015 }} Bloomberg Law News Search houses over 50,000 news wires, while the Business Development Center pulls together business news searches to provide insights into M&A rumors, bankruptcy rumors, recent attorney moves, and other criteria.
• Points of Law: Case law research tools using artificial intelligence to identify court decisions on a particular point of law.{{cite web |title=Bloomberg Law trains machine to highlight legal points |url=http://www.abajournal.com/news/article/bloomberg_points_of_law_technology |website=ABA Journal |date=September 26, 2017 |access-date=10 February 2020}}
• State Chart Builders: Allows comparison of relevant laws and regulations from different jurisdictions.{{cite web |title=BNA State Chart Builders |url=http://blogs.law.unc.edu/library/2014/05/13/bna-chart-builders-on-bloomberg/ |website=UNC School of Law |access-date=10 February 2020 |archive-url=https://web.archive.org/web/20170825124057/https://blogs.law.unc.edu/library/2014/05/13/bna-chart-builders-on-bloomberg/ |archive-date=2017-08-25 }}
• Smart Code: Uses artificial intelligence and machine learning to create virtual annotated codes.{{cite web |title=How Bloomberg is Changing Legal Annotation |url=https://legaltalknetwork.com/podcasts/law-technology-now/2016/06/bloomberg-changing-legal-annotation/ |website=Legal Talk Network |access-date=10 February 2020}}
• Brief Analyzer: Tools that use artificial intelligence to reduce time analyzing legal briefs.{{cite web |title=Now Comes Another Brief Analyzer, this from Bloomberg Law |url=https://www.lawsitesblog.com/2019/07/now-comes-another-brief-analyzer-this-from-bloomberg-law.html |website=Lawsitesblog |date=July 16, 2019 |access-date=10 February 2020}}
• Litigation Analytics: Organization of analysis by attorneys, law firms, courts, judges, and companies.{{cite news |last1=Ambrogi |first1=Bob |title=Bloomberg Law Says It Has 'Significantly' Expanded its Litigation Analytics |url=https://www.lawsitesblog.com/2019/04/bloomberg-law-says-it-has-significantly-expanded-its-litigation-analytics.html |publisher=Law Sites |date=April 16, 2019}}
• Practical Guidance: Coverage for litigators and transactional attorneys in various practice areas.{{cite news |last1=Ambrogi |first1=Bob |title=Bloomberg Law Announces New Practical Guidance, SEC Analytics, and Real-Time News |url=https://www.lawsitesblog.com/2018/07/bloomberg-law-announces-new-practical-guidance-sec-analytics-real-time-news.html |publisher=Law Sites |date=July 10, 2018}}

{{portal|Law}}

• Bloomberg Government
• Bloomberg L.P.

{{reflist}}

• {{Official website}}
• [https://www.bloomberg.com/ Bloomberg.com] – Official Bloomberg L.P. website
• [http://www.hoovers.com/company/Bloomberg_LP/cfjkri-1.html Hoover's Bloomberg L.P. Company Profile]
• [http://www.bna.com/ Bloomberg BNA]
• [https://www.bna.com/next-marketing-services/ Bloomberg BNA Next]

{{Bloomberg}}

Category:2010 establishments in New York City

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