CRIV Bloomberg Bi-Annual Call

Date: December 17, 2020. Approximately 2;00 to 3:00 pm EST

Participants:

  • Joe Breda, President, Bloomberg Law
  • Lauren Kaplan, BLAW Strategy and Customer Experience
  • Vani Ungapen, AALL Executive Director
  • Karen Selden, AALL CRIV Board Liaison
  • Tom Hemstock, AALL Bloomberg Law Liaison

Note: Due to extenuating circumstances, Mike Bernier, Bloomberg Law Director of Library Relations was not able to make the call but he did provide follow up information.

Agenda

  • New Bloomberg Law Developments and News
  • Questions
  • Requests for Advocacy
  • Other

New Bloomberg Law Developments and News

Analyzers

2020 was the “Year of the Analyzers” for Bloomberg Law as several new analyzer products launched:

  • Brief Analyzer. Users upload a brief and see integrated points of law, suggested content, connections to the material, and links to practical guidance.
  • Draft Analyzer. Enhanced version launching in January 2021. Features include the ability to break contracts into clauses, link into defined terms, determine if those terms are standard market terms, and compare with thousands of other clauses on file.

Practical Guidance

Bloomberg Law added more than a thousand new practical guidance documents in 2020. These attorney-focused documents provide short practical guidance on new areas of the law with features such as annotated forms, explanations and overviews. In 2020 these items saw 100% increase in use.

Hot Topics

New hot topics on developing legal issues such as COVID-19 are available from the go bar menu. These hot topics highlight and combine available resources on a specific timely legal topic.

Legal News

Bloomberg Law is increasing coverage of usability of legal news. [Note: Following this call, on January 5, 2021, Bloomberg Law announced that ALM material is now available on Bloomberg law.] Additional features on legal news is also available as newsletters and now have table of contents and increased number of subjects for news topics. Personalized news is in beta testing.

Questions

Although there was not a specific request for advocacy regarding the change in policy regarding docket usage for law schools, Bloomberg clarified that up to $1500 of individual account docket usage is free of charge.

Bloomberg’s representatives estimated that 99%+ of academic users will not be affected by the new change in docket pricing.

Bloomberg clarified that approximately 50 to 60 individual academic account users were responsible for driving a huge amount of the cost.

Law school accounts can monitor their usage via a port on Bloomberg Law and should contact their representative for details on accessing this information.

Requests for Advocacy

None at this time. All issues currently resolved.

AALL Programs, Activities, or Business of Interest to Bloomberg Law

None at this time.

Other Items of Interest

None at this time.

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