Hello BLAW: Bloomberg Law, the Newcomer in Legal Research, Meets Academic Users, 13(5) AALL Spectrum 16-19 & 31 (March 2009)
In line with its stated mission to be a “complete information-services, news and media company that provides business and financial professionals with the tools and data they need on a single, all-inclusive platform,” Bloomberg — in its Bloomberg Law Search (BBLS) function — has compiled over 350 (as of today) documents related to ongoing U.S. legal and regulatory actions against Bernard L. Madoff, the investment advisor accused of running a US$50 billion Ponzi scheme that may be the largest financial crime of all time.
I’ve raved about the Bloomberg Law Reports; now you can all see for yourselves just how good they are. This is from an e-mail I received today from Bloomberg:
Bloomberg Law Reports® can now be found at:Bloomberg Law Reports are comprehensive legal analyses targeted to the legal and financial communities. Bloomberg Law Reports examine recent legal and regulatory developments covering a wide array of topics including: Antitrust & Trade, Asia Pacific Law, Banking & Finance, Bankruptcy, Corporate Law, Director & Officer Liability, Employee Benefits, European Law, Executive Compensation, Health Law, Immigration Law, Insurance Law, Intellectual Property, Labor & Employment, Litigation, Mergers & Acquisitions, Privacy & Information, Risk & Compliance, Securities Law, and Sustainable Energy.
To find out more about Bloomberg Law Reports—or if you are interested in contributing an article to Bloomberg Law Reports—please contact one of the legal analysts listed at the bottom of the relevant report.
To view enhanced versions of Bloomberg Law Reports, including hyperlinks to cited materials, please access the reports on the Bloomberg Professional® service (BBLR <GO>). For more information on BLOOMBERG LAWSM (BLAW) and the Bloomberg Professional service, please contact us:
In the U.S.
And here is a list of their titles — so far to date, as they continue to add new ones — along with frequency of publication noted:
Stanford Law School was one of the first, if not the first, law schools to provide a Bloomberg Law terminal to its faculty and students. Very slowly, but surely, Bloomberg is building a fan base here, especially for its docket information and truly outstanding subject-specific Law Reports (as noted on this blog a couple of times). George is our Bloomberg point-person, but from what I’ve seen the quality of its content is very high — the question is, however: Is it worth it?
Today’s New York Times has an article by Ian Austen about the new Thomson Reuters / Bloomberg rivarly, “The New Fight for Financial News.” It makes reference to Bloomberg’s monthly “take it or leave it” fee for all content, which includes Bloomberg Law. But, as the story points out:
Neither company has sorted out a strategy for competing with [free] online services. Michael F. Holland, the chairman of Holland & Company and the former chief executive of First Boston’s asset management division, said he can no longer justify a Bloomberg terminal for his current role and often turns to the Web for data. He first used a terminal in the 1980s and remains a fan: “There really is nothing else that’s quite like the Bloomberg,” he said. “From the beginning, it has provided incredible information. But at a very high price.”
According to our information, the following law schools have some sort of access to Bloomberg Law: