Bloomberg Law’s selling point

According to this story in today’s Wall Street Journal (p. B8):

Bloomberg Hangs New Shingle

Financial-Data Firm Enters Legal Research, Challening Westlaw, LexisNexis

By Russell Adams

From the story:

Bloomberg Law says its selling point is the news and company information and financial data it has pulled from the core terminal product and woven into the legal-research materials. For example, if company X sues company Y for copyright infringement, lawyers representing company X can get more than a copy of the complaint and relevant legal history. They get stock charts, patent histories and corporate filings. In addition, the name of every judge and attorney links to a database that pulls up that person’s school, his or her holdings and boards they served onpotential conflicts and case histories.

“We think we can help both the rainmaker and the junior associate with one, eat-all-you-can, elegant, easy-to-use platform,” said Constantin Cotzias, a 42-year-old former mergers-and-acquisitions attorney from the U.K. tapped by Bloomberg five years ago to build Bloomberg Law.

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