Tool Overview:
Bloomberg Law

About Bloomberg Law

Bloomberg Law stands as a legal intelligence platform that combines legal research capabilities with privacy and data security compliance tools. The platform provides access to primary and secondary legal sources, practice tools, and expert analysis, all integrated into a single subscription-based service. Its core offering includes legal news coverage through 40+ news channels, content from the Bloomberg Terminal, and ALM Media News.

What does Bloomberg Law do?

The platform's privacy and data security features help legal professionals navigate complex regulatory landscapes. A key component is the State Chart Builder tool, which generates automated state-by-state comparisons of data breach notice requirements across more than 20 subtopics for all 50 states. The platform includes practical guidance materials focused on recently enacted consumer privacy legislation, particularly addressing requirements in jurisdictions like the EU, California, Colorado, and Virginia.

Bloomberg Law's Dashboard Legal security framework implements stringent controls for data protection. The system employs role-based access controls, supports various authentication methods including SAML SSO and Office 365, and maintains comprehensive audit logs. Data security measures include encryption both at rest and in transit, with documents stored on encrypted filesystems. The platform holds ISO 27001 certification and provides flexible deployment options, including hosting on Bloomberg servers or deployment in single-tenant Virtual Private Clouds.

What makes Bloomberg Law different?

Bloomberg Law is able to integrate its docket functionality with granular search capabilities. The platform's Docket Key search feature enables users to efficiently navigate millions of documents through 20 different filing types. The service augments traditional legal research with AI-powered tools like Brief Analyzer, which streamlines the process of citation checking and case law research.

For privacy professionals specifically, the platform provides detailed coverage of emerging privacy regulations. The service maintains extensive resources on major privacy frameworks such as GDPR, CCPA, and PIPL, offering compliance checklists, practical guidance, and impact assessments. These resources are particularly valuable given the maximum penalties involved - for instance, GDPR violations can result in fines of up to €20 million or 4% of global revenue.

Use cases and industries

The platform serves various segments of the legal industry, including law firms, in-house counsel, government agencies, and law schools. For privacy compliance work, Bloomberg Law's tools assist in conducting privacy impact assessments, maintaining data breach procedures, and managing third-party engagements. The platform proves particularly useful for organizations dealing with multi-jurisdictional privacy requirements, as it provides comparative analysis tools for different privacy regimes.

Privacy professionals utilize the service to track new developments in privacy law, assess compliance requirements, and develop privacy programs. The toolkit supports various compliance activities, from designating Data Protection Officers to establishing governance frameworks and maintaining privacy notices. For biometric privacy compliance, the platform offers specific guidance on laws like the Illinois Biometric Information Privacy Act (BIPA), including coverage of significant case law developments and enforcement actions.