paidContent – “For decades, the multibillion dollar market for legal research has been a cozy club for two. But now financial giant Bloomberg has fully powered up Bloomberg Law, a rival that could at last disrupt the status quo. For Bloomberg, the new legal product is an expensive test of the company’s ability to find a major revenue stream outside its core financial business. But it also raises the question of how a stodgy industry is responding to sweeping changes that makes it easier for Americans to look up the law.”
Business Wire “Bloomberg Law today announced the expansion of its legal research platform with the integration of content from Bloomberg BNA’s trusted law reports, portfolios and treatises. Bloomberg acquired BNA in September 2011. A full range of Bloomberg BNA’s proprietary legal content is now incorporated into Bloomberg Law – from essential publications such as the Daily Labor Report to foundational treatises including Harmon on Patents. The addition of Bloomberg BNA books, law reports, portfolios, manuals and headnotes provides subscribers with a wealth of authoritative resources at no additional cost. Bloomberg Law’s all-inclusive, transparent and predictable pricing means that every user has the same unrestricted, unlimited access to the information in its databases.”
Village Voice – “Yes, books and reading and anything that involves words on actual paper are totally screwed. But that doesn’t mean New York City libraries aren’t valuable! That was kind of the message behind Mayor Mike Bloomberg’s announcement this morning that he is expanding the city’s efforts to help unemployed New Yorkers find jobs through partnerships with public libraries.”
Telegraph – “Reed has come under pressure from some investors to sell off its LexisNexis Legal & Professional business amid claims the division is suffering from under-investment and increasing competition. However, Erik Engstrom, Reed’s chief executive, said all of the company’s major units were there to stay and that the business would only consider smaller disposals within each unit: “We continually try to proactively adjust our business mix”.
Bloomberg – “New York — Bloomberg Law, the legal research system from the world leader in data and information services, today released the next evolution of its innovative platform.
Bloomberg Law has revolutionized the legal research industry by providing the first system that integrates comprehensive legal content, company and client information and proprietary news all in one place. Bloomberg Law’s all-inclusive, transparent and predictable pricing means that every user has the same unrestricted, unlimited access to the content in our databases. The latest version of Bloomberg Law adds new and enhanced features designed to make the system even faster and easier to use.”