Bloomberg Law Semiannual Update


Author: Deanna Barmakian, Research Librarian, Harvard Law School Library

Madeline Cohen, library relations director at Bloomberg Law met with CRIV on May 5, to update AALL membership on platform developments and content enhancements. The conversation centered on the new Legal Profiler Center, new In Focus collections, and a discussion about the generative AI feature roll out and reception.

Available from the Business tab, the new Legal Profiler Center allows users to create customized reports on law firms and companies derived from news, dockets, and company data. It was developed to address competitive intelligence reporting needs. The information it synthesizes was previously available, but only by searching disparate areas within Bloomberg Law. Initial search results aggregate all available information, but content is parsed into tiles that can be filtered and rearranged into customized reports.

After entering a company name, information tiles display litigation history, representation, news, company data, stock performance, key SEC filings and more. Users can filter content by time (past year, five years, etc.), and remove, reorder, and resize sections. The curated report can be exported or printed. Content selection and layout can be saved as a preset.

Bloomberg Law continues to build and curate all-in-one research and tracking pages for emergent legal topics. “In Focus” pages released in the past half year include Health Care Price Transparency, Corporate Disclosures & the SEC, Tariffs, and Loper Bright & Standards of Agency Review. The In Focus page on Cannabis is being expanded. There is a new Practical Guidance page for AI Governance that includes a broad array of tools and resources.

Bloomberg Law’s generative AI tool, AI Assistant, now includes three preset tasks: Docket Search, Expert Witness Research, and Legal Profiler. Users can iterate on natural language searches using suggested follow-up prompts. Links to sources driving the AI answers are provided for corroboration.

Bloomberg Law provides generative AI tools to all subscribers rather than as fee-based add-ons. Given that law firms need to closely vet AI tools and develop local training, CRIV inquired about Bloomberg Law’s willingness to suppress generative AI features. They confirmed they can and have suppressed generative AI functionality for firm subscribers. They can suppress firm-wide but not by individual attorneys. Bloomberg Law noted that most firms turned the features back on after technical review and evaluation.

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