ARLINGTON, Va., May 16, 2023 ~ Bloomberg Law is set to showcase its comprehensive legal research platform and new AI-powered Bloomberg Law Contract Solutions offering at the CLOC Global Institute, taking place May 15-18 in Las Vegas. The company is a silver sponsor of the conference and will be located at Booth #537.

Joe Breda, president of Bloomberg Law, said: "We know in-house legal teams are being asked to do more than ever and need to keep up with the high-pressure demands of today's legal market. That's why we're designing and building our products, Bloomberg Law, and now, Bloomberg Law Contract Solutions, with their workflows in mind to ensure they can continue to operate in an effective and efficient manner while delivering high-value results. I invite CLOC Global Institute attendees to engage with us to learn more about how our unparalleled combination of workflow tools, technology, content, and news can meet their needs."

Bloomberg Law offers a quickly growing and expansive Practical Guidance library including the new Product Counsel Toolkit, industry-focused ESG Toolkits in Retail and Manufacturing, and Vendor Management Toolkit for Legal Operations Professionals. It also features newly added In Focus pages which enable in-house counsel to quickly assess and monitor emerging issues and topics including SEC Rulemaking, Artificial Intelligence, Pay Transparency, and Pregnancy & Lactation Accommodations. Additionally, it provides industry-leading news and analysis with real-time news alerts customized for specific areas of interest.

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The platform also includes Draft Analyzer which uses AI and machine learning to benchmark draft language against the market standard; Chart Builders; regulatory trackers; Precedent Search; Business Intelligence Center with profiles for over 3.5 million public and private companies; as well as other time-saving practice tools.

Bloomberg Law Contract Solutions is a new standalone product designed to solve the most pressing contract challenges for in-house counsel. It features a secure centralized repository; seamless integration with Microsoft Word; advanced analysis tools; AI-powered extraction of key contractual terms; proprietary semantic search; natural language processing (NLP) technology; advanced search engine capabilities; as well as contract analysis features.

CLOC Global Institute attendees are invited to visit Bloomberg Law's booth (#537) at the conference to learn more about its comprehensive platform which helps corporate legal departments increase efficiencies while reducing reliance on outside counsel with focused resources.

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