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Bloomberg Law

Bloomberg Law


What is Bloomberg Law?

Bloomberg Law is a legal research and analytics tool, from Bloomberg.

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TrustRadius Insights

Bloomberg Law is a valuable resource for legal and finance professionals who need access to comprehensive and up-to-date legal content. …
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What is Bloomberg Law?

Bloomberg Law is a legal research and analytics tool, from Bloomberg.

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What is Thomson Reuters Westlaw?

Westlaw, now supported by Thomson Reuters is a legal research software and database, emphasizing access to a breadth of case law.

What is Lexis+?

Lexis+ is a legal research tool used to resolve legal research issues through its case law collection, editorial analysis, and data visualization, which are all accessed via one simplified AI search experience.

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What is Bloomberg Law?

Bloomberg Law Technical Details

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Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Bloomberg Law is a valuable resource for legal and finance professionals who need access to comprehensive and up-to-date legal content. Users have found it helpful for answering basic legal questions, finding precedents to support complex decisions, and monitoring news related to CFIUS and trade sanctions, as well as China. The platform's docket alerts feature allows users to track similar cases pending in other courts, offering insight into case management.

In addition to providing legal content, Bloomberg Law also offers business development tools that allow users to search for parties in dockets, look up company executives and subsidiaries, and rely on Judicial and Litigation Analytics to inform their work. Users are heavily using the tax page to monitor pending legislation. Its comprehensive information provides excellent support for writing research reports, which can be crucial for legal professionals. Overall, Bloomberg Law continues to improve its content and is very current and helpful in daily library research.

Efficient and Easy to Use Database: Several users found Bloomberg Law's interactive database repository highly efficient and easy to use for complex queries. They appreciated how easy it was to search and tag historical documents, making it simpler to keep track of cases.

AI-based Online Legal Research: Many users liked the AI-based online legal research feature of Bloomberg Law, which allowed them to get the best results. In particular, they enjoyed the daily news and alerts, law firm client alerts, and other alerts that kept them informed about the industry and everything legal.

Complete Case Law Database with Clean User Interface: Numerous reviewers found Bloomberg Law superior to other legal research websites for nearly all legal research tasks. They appreciated how Bloomberg Law has all the best features of Lexis and Westlaw, including a complete case law database, document searching of state and federal dockets, and easy case tracking. Additionally, they thought that the user interface was fresh and clean, allowing them to research quickly with excellent results.

Complicated Navigation: Some users have expressed that navigating Bloomberg Law is more complicated compared to its competitors Westlaw and Lexis. The platform has a steeper learning curve, and some users find it difficult to locate the correct answer or conduct research.

Lack of Secondary Sources: According to some users, Bloomberg Law fails to provide secondary sources and treatises necessary for researching problems that occur in cases not related to business law. These issues include corporate law, tax law, and securities law. This lack of comprehensive resources requires users to leave the site for another service, leading to frustration.

Information Overload: Some users have reported experiencing information overload while using Bloomberg Law, causing them difficulty when prioritizing their work. Additionally, there are reports of lag time when downloading documents which can cause delays in accessing necessary information.<br>

Users have made several recommendations based on their experience with Bloomberg. Firstly, they suggest becoming familiar with Boolean searching techniques to enhance research results. Secondly, users recommend complementing Bloomberg's resources with secondary sources for a more comprehensive understanding of legal matters. Lastly, users advise considering the cost of Bloomberg, as it is perceived as a little pricey. Despite this, users still recommend Bloomberg for its extensive coverage of litigation and transactional work. Additionally, users find value in Bloomberg's features such as news and docket alerts, case updates, and analytics. Moreover, users have praised the customer service provided by Bloomberg.

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