Bloomberg Law has announced the launch of Bloomberg Law Contract Solutions,  a new AI enabled contract workflow for In-House Counsel. The product is designed to help lawyers streamline drafting and negotiation with tools for profiling, searching and extracting clauses.  The product was designed in consultation with corporate legal teams.

 Live Virtual Event Bloomberg Law Contract Solutions will be introduced at a live virtual event on Thursday, May 11 at 1:00 p.m. ET, accessible at http://onb-law.com/xYZk50OfKjg.

Bloomberg Law Contract Solutions Features:

  • A securecentralized repository, including a database of automatically extracted clauses to deliver an organized single source of truth that can be filtered, sorted, and searched across – with little to no data entry.
  • Seamless integration with Microsoft Word, allowing users to access their contract repository and clause library directly from their document, providing a fast and easy starting point for drafting and revising contracts.
  • Advanced analysis tools, accelerating the review of draft agreements and allow users to efficiently identify and incorporate preferred language to ensure favorable terms.
  • AI-powered extraction of key contractual terms, providing greater visibility into final agreements to help identify and flag potential risks and obligations.

Bloomberg Law has previously leveraged AI and machine learning in a variety of workflow solutions including Points of Law  for litigation research and its transactional intelligence tool Draft Analyzer which provides benchmarking and analysis of deal documents.. Bloomberg Law Contract Solutions builds on this pioneering legacy, leveraging proprietary semantic search and natural language processing (NLP) technology to deliver advanced search engine and contract analysis features.




Continue Reading Bloomberg Law Contract Solutions Offers AI Enabled Drafting for In House Counsel -Launch Even May 11th

ALM, the “grand-daddy” of legal reporting and intelligence has launched state court coverage in Law.com Radar. Law.com Radar delivers a clean customizable stream of breaking legal news and competitive insights.

Today’s release includes more than 100 courts in California, New York, New Jersey, Florida, Illinois, Pennsylvania, Massachusetts, Texas and Maryland. Additional state courts will be introduced over the coming weeks and months, providing Law.com Radar users with new litigation alerts from key jurisdictions across the U.S. Most important of all the news comes with a link tot he full complaint which can be retrieved in” “one click.”

The Radar product provides litigation surveillance in commercially important state courts which are more challenging to monitor than federal courts, since there is no single reporting system for state courts. Radar covers courts that require the manual collection of documents. The Radar alerts include AI generated summaries which speed the accuracy and timeliness of delivery.

The  latest release supplements Law.com Radar’s existing coverage of federal district courts and Delaware’s Court of Chancery as well as its publication of corporate deal updates. Last July ALM released Law.com Rader Trend Detection  capabilities. 

New Alerting Features include daily case reports by jurisdiction. These new litigation  alerts that can be configured around courts, practice areas, topics, industry segments, law firms, parties or free text searches. And contain a link to the full complaint!


Continue Reading ALM Launches New Law.com Radar State Caselaw Surveillance Features

As fall associates settle into the reality of legal practice, I am taking the opportunity to share a variety of research “best practices.” These rules can be applied across all environments: law firm, corporate, public service and government. New associates are facing the messy reality of needing to harness legal and factual issues that need

Today Thomson Reuters is announcing the release of a new platform Westlaw Precision which promises to dramatically cut research time and improve the quality of research results. Westlaw Precision will be sold as an upgrade to Westlaw Edge. Westlaw Precision is tackling the gnarly and perennial problem of language ambiguity by doubling down on taxonomy. At launch, Westlaw Precision covers 8 topics (Commercial law, Federal Civil Procedure, Federal Discovery and Evidence, Federal Remedies, Federal Class Actions, Employment, Securities, and Anti-trust.) Fifteen new topics will be released through 2023. Only the most recent 12 years of caselaw in each topic are included in search results.

Westlaw Precision includes 6 new features at launch. Precision Research is the “Star of the show.” The other 5 features offer cite checking or workflow enhancements.

“Our customers tell us difficult legal research can often take more than 10 hours per case,” said Mike Dahn, head of Product Management, Westlaw, Thomson Reuters. “It’s time consuming because they are often looking for something very precise, but traditional
Continue Reading Westlaw Precision Launches With Promise to Cut Lawyer Research Time in Half

For the past few decades, the traditional law library has been transformed by the digitization of statutes, regulations, and commentary. Law Librarians and KM professionals have become the curators of an ever-expanding universe of commercial, dynamic data sources including company profiles, competitor profiles, experience data, insights into judges, experts, and arbitrators, deal data, dockets, and

In a prior post  I reported  survey results on products to be purchased in 2020 and 2021… which included a fairly broad spectrum of products. Major vendors Lexis, Westlaw, Bloomberg and Wolters Kluwer were evenly represented at the top of the list. There were dozens of additional products identified by one or two responders. Today I am reporting on responses to the survey results on cancellations which presents a dramatic contrast. One product stood alone  as the most likely to be cancelled. That product is Lex


Continue Reading The Dewey B Strategic 2020-21 Hits and Misses Survey – The Product Most Likely to be Cancelled is — Lex Machina

The 2020-2021 Dewey B Strategic Hits and Misses survey asked responders to identify products purchased in 2020 or to be purchased in 2021. Despite the financial concerns triggered by the pandemic, law firm librarians continued to consider new products. Some new products such as Westlaw Edge and Lexis + are often driven by an impeding contract renewal. Other product selections are  driven by  practice demands as well as a desire to remain competitive by introducing innovative solutions and enhance productivity.

The Top Products Four was the magic number this year. Each of the top vote getters were identified by 4 responders as new purchases.
Continue Reading The Dewey B Strategic 2020-21 Hits and Misses Survey: What Research, KM/Workflow and Analytics Products are Readers Buying?

Respond to the  2020-21 What’s Hot and What’s Not Survey here. Although the world was shut down by the pandemic, our friends in legal tech continued their pursuit of innovation and market share.  Most of us had a sense of whiplash and disbelief when the world came to a virtual halt in March 2020. Law librarians who had built digital libraries over the years offered their attorneys a fairly seamless transition to their work from home desktop. Within weeks most legal publishers had developed a special COVID offering. These ranged from free alerts, to primary sources and workflow toolkits. Despite all of these efforts law librarians and knowledge managers faced a gap in COVID coverage. Almost overnight a “gray literature” emerged which major legal publishers were not
Continue Reading What’s Hot and What’s Not? Welcome to the Dewey B Strategic 2020-2021 Hits and Misses Survey

Today LexisNexis is announcing the launch of Lexis+ Litigation Analytics. Litigation Analytics does two things. It integrates analytics into the research and practical guidance  workflow.  Lexis+  now offers “enhanced analytics” from Lex Machina as well as state level analytics derived from CourtLink for the states that Lex Machina does not currently cover.
Karl Harris, C.E.O. of Lex Machina a offered me a demonstration of Lexis + Litigation Analytics.. Harris placed analytics within the context of the new workflow which was introduced with Lexis+.  Lexis+ includes a persistent navigation bar which today adds litigation analytics to the 3 original  pillars of,  Lexis + : workflow: research, practical guidance and brief analysis. The Lexis + home page  is designed around an inviting query “What would you like to research today”  hovering over a large search box.  Analytics are still fairly new to the average  lawyer’s toolkit and I think it is wise to remind lawyers about analytics throughout Lexis+ workflow experience..
Harris explained that the core goals of the Lexis+ enhancement was based on customer feedback which highlighted the importance of   accuracy confidence and efficiency in analytics products. In addition they wanted to  deliver an integrated product experience in what Lexis refers to as the Lexis+ ecosystem.

 Lexis+ Litigation Analytics offers the following types of insights:

  • Judge and court analytics: Contextualize understanding of federal district and state courts and judges.
  • Courts & Judges Comparator Quick Tool: Compare judge behavior and courtroom trends over time in federal district court.
  • Attorney and law firm analytics: Assess the experience of attorneys and law firms in federal district and state courts.
  • Counsel Comparator Quick Tool: Compare law firm and attorney performance based on actual results in federal district court.

Bifurcated Data: Enhanced Analytics and “everything else”


Continue Reading Lexis Adds Lex Machina and CourtLink Analytics to the Lexis+ Ecosystem