Thursday, May 31, 2012
Bloomberg Law had previously indicated its plan for "world-domination" of the online, commercial legal research market when it bought BNA last year. It's now targeting BigLaw firms, intent on replacing Wexis as the search engine of choice (though it's not clear whether firms using Bloomberg are dropping other services too). After signing up mega-firm DLA Piper, it just scored a second coup by winning the business of Jones Day. From a Bloomberg press release:
Bloomberg Law, the legal research system from the world leader in data, information and news services, today announced a firm-wide agreement with Jones Day, the global law firm, to provide high quality legal research, news and market information. Jones Day is ranked among the world's most respected law firms and perennially rated among the best in client service. The firm represents approximately half of the Fortune Global 500.
Jones Day's firm-wide adoption of Bloomberg Law will provide the firm's approximately 1,800 U.S.-based lawyers with unlimited desktop and mobile access to any of the information in the Bloomberg Law system - from Bloomberg BNA’s legal coverage to Bloomberg’s proprietary news to dockets to primary legal research - as often as they want and whenever they want. Bloomberg Law integrates legal research with the Bloomberg industry and financial information relied upon by corporations and investment institutions throughout the world to provide lawyers with a competitive edge in understanding their clients' businesses. Jones Day, which has more U.S. lawyers than any other firm, joins the growing roster of law firms that are using Bloomberg Law to meet their firm-wide legal research requirements.
"We are delighted that Jones Day, one of the largest and most respected law firms in the world, has chosen Bloomberg Law to meet its legal research needs," said Larry Thompson, CEO of Bloomberg Law. "Bloomberg Law has modernized the legal research industry with a truly integrated platform that, combined with our transparent and predictable pricing, provides law firms with the resources to conduct comprehensive research while managing costs."
About Bloomberg Law
Bloomberg Law is the real-time legal research system that integrates innovative search technology, comprehensive legal content, company and market information, and proprietary news all in one place. This collaborative workspace also includes a suite of new tools for more effective legal analysis and more productive client development. For more information, visit BloombergLaw.com.
Should legal writing profs start teaching students how to use Bloomberg in addition to Wexis?
Hat tip to the Law Librarian Blog.