Bloomberg Law has announced  launch the Brief Analyzer product which they previewed shrouded in much intrigue during the American Association of Law Libraries Annual Meeting last July. According to the press release the Brief Analyzer reduces the amount of time it takes to analyze a brief by at least 25%, based on feedback from 80% of beta testers. As with all Bloomberg Law enhancements, the Analyzer will be available to all subscribers at no additional charge.

The Brief Analyzer can be used to analyze a brief during the drafting process or to expose weaknesses in an adversaries brief. Here are
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During the Great Analytics ‘Shoot-Out’ at AALL, law librarians tested and compared the results of seven federal litigation analytics platforms.

Analytics tools enable lawyers to ask completely new questions and gain insights which were virtually unavailable in a text based research world.  It takes a special skill set to ask the right  “data quality” questions when firms are assessing  the dozens of analytics products competing for a share of lawyers desktop or an organization’s information resource budget.

Use cases for analytics include: pitch strategy, AFA responses, litigation strategy, deal negotiation strategy, managing client expectations, diving process efficiency, internal bench marking and developing peer metrics.

Law librarians have been quietly driving the adoption of analytics in the business and practice of law.  Hundreds of librarians, knowledge managers and legal publishing executives jammed into a meeting room at the 2019 American Association of Law Libraries Conference and Meeting in Washington DC on July 15th to attend a two and one half hour “super-session” “ The Federal and State Analytics market: Should the Buyer Beware?” exploring the state of litigation
Continue Reading What Do Law Firms Need to Know About Buying Litigation Analytics Products?

The  Dewey B Strategic  Blog-o-zine is an easy access, guide to the evolving legal research marketplace. Get practical guidance on assessing products and vendors. The book is a handy tool to help focus your time and your budgets on the best products for your firm’s practice needs. Enhance your understanding of  technology trends,  product releases,

Today I learned that Joe Breda who had been the Executive Vice President, Product has replaced Scott Mozarsky as the President of Bloomberg Law.  Mozarsky has been President since November 2016, replacing David Perla.

The other big news from Bloomberg Law  is the new features and products which are being released  in advance of the American Association  of Law Libraries Conference which starts this Saturday in Baltimore.

New features including interactive practice tools, practical guidance resources and new customizable real times news.

Practical Guidance I have repeatedly noted that the Bureau of National Affairs (BNA- now part of Bloomberg Law) offered practical guidance in their Tax Management Portfolios and Corporate Practice portfolios decades before Practical Law emerged from the UK Practice Support Lawyer market.  Bloomberg law has been quietly building out and expanding their practice guidance resources. Bloomberg Law now has 30 Practical Guidance suites including 3,000 practice tools, checklists, timelines and annotated forms covering more than 200 topics including GDPR, health care, cybersecurity, corporate and commercial transactions, compliance, labor and employment. There is a new launch page which offers access to step by step guidance on specific workflows and  which promise to guide a lawyer from the beginning to the end of a  specific process such as “an  initial coin offering.”

According to Breda these  resources offer broader and deeper practice guidance, noting that “We have organized our practical guidance suites to be more task-centered, guided by feedback from our customers.” As efficiency and  consistency have become core client expectations, Breda
Continue Reading Bloomberg Law: New Leadership. New Products: SEC Administrative Analytics and Practical Guidance  and “Hot Topic” News

Last week Bloomberg Law launched a new analytics tool, Health Care Fraud Analytics. A first of its kind tools offering insights into a very specific niche– health care fraud enforcement. The tool enables subscribers to search and filter health care fraud settlement agreements by court, entity, allegation, date which can be used to display trends in health care enforcement and settlements. The product also provides insights into whistle-blower suits and violation trends. Settlement analytics can be searched by law firm or
Continue Reading Bloomberg Law Launches Health Care Fraud Enforcement Analytics Tool