Bloomberg Law

Bloomberg Law Report Provides Actionable Insights on the Multidistrict Litigation Process

Retrieved on: 
Thursday, October 12, 2023
MDL, Multidistrict litigation, Bloomberg Law, Lawyer, Pharmaceutical industry

ARLINGTON, Va., Oct. 12, 2023 /PRNewswire/ -- Bloomberg Law today announced the release of a new Multidistrict Litigation report that provides statistical evaluations of MDL court activity and data-driven analysis of the MDL process itself.

Key Points: 
  • ARLINGTON, Va., Oct. 12, 2023 /PRNewswire/ -- Bloomberg Law today announced the release of a new Multidistrict Litigation report that provides statistical evaluations of MDL court activity and data-driven analysis of the MDL process itself.
  • More than one million lawsuits have been officially consolidated into MDL cases over the years, but only about 1% of consolidated cases make it to trial.
  • While infrequent, the largest MDLs can result in multi-billion-dollar settlements, significant impact to corporate valuations, and hundreds of millions of dollars in legal fees.
  • With more than a dozen charts and tables—along with case studies, judicial profiles, and analysis—this report contains crucial information to help lawyers navigate MDL and use the process to their advantage.

Bloomberg Law Announces New Practical Guidance Toolkit on Use of AI

Retrieved on: 
Tuesday, October 3, 2023
Intellectual property, Employment, Bloomberg Law, Intelligence, Lawyer, Privacy, Collection, Media, AI, Health, Medical device

The new Toolkit provides Practical Guidance on the use of artificial intelligence in a wide variety of contexts.

Key Points: 
  • The new Toolkit provides Practical Guidance on the use of artificial intelligence in a wide variety of contexts.
  • It complements tools and resources already available to Bloomberg Law customers on the In Focus: AI page.
  • The Practical Guidance Toolkit provides new content, including a high-level overview of Bloomberg Law's growing collection of Practical Guidance and Professional Perspectives related to AI.
  • "Whether seeking guidance on leveraging AI to help with tasks related to their own practice of law or advising clients on the use of AI, Bloomberg Law's new Practical Guidance Toolkit provides enormous value to attorneys navigating the various laws and guidance around maximizing the potential value while curbing risks presented by generative AI," said Alex Butler, vice president of content and analysis, Bloomberg Law.

Bloomberg Law Offers AI Technology Preview With New Innovation Studio

Retrieved on: 
Tuesday, September 26, 2023
Bloomberg Law, AI, Question, Intelligence, Machine learning, Cryptocurrency

ARLINGTON, Va., Sept. 26, 2023 /PRNewswire/ -- Today Bloomberg Law announced the launch of its new Innovation Studio, a testing environment that offers access to artificial intelligence tools that are currently under development for the Bloomberg Law platform.

Key Points: 
  • ARLINGTON, Va., Sept. 26, 2023 /PRNewswire/ -- Today Bloomberg Law announced the launch of its new Innovation Studio, a testing environment that offers access to artificial intelligence tools that are currently under development for the Bloomberg Law platform.
  • The Innovation Studio will be used to preview the platform's latest AI-powered product concepts.
  • "We look forward to collaborating with trusted customers on incorporating next-generation AI features into Bloomberg Law," said Joe Breda, president, Bloomberg Law.
  • Bloomberg Law's new Innovation Studio is the next step in the platform's ongoing innovation journey.

Bloomberg Law In-House Forum Spotlights Cyber Risks and Data Privacy Laws

Retrieved on: 
Wednesday, September 13, 2023
Insurance, Naspers, EU, Face, Bloomberg Law, Versata Development Group, Inc. v. SAP America, Inc., EBay, CLE, Associate, Trans-Atlantic Data Privacy Framework, GlobalSecurity.org, European Data Protection Supervisor, Machine learning, Mastercard, GDPR, SAP, AI, Computer security, Medical device, Privacy

ARLINGTON, Va., Sept. 13, 2023 /PRNewswire/ -- Bloomberg Law today announced that its annual In-House Forum will be held virtually on Wednesday, September 20, from 1:00 p.m. to 3:00 p.m. Eastern Time. The CLE-eligible event will focus on cyber risks and data privacy laws, the two biggest threats associated with collecting, using, and storing data. Registration for the event, Unlocking the Power of Data: Aiming for Privacy and Cyber Stewardship, is available at http://onb-law.com/JTRN50PL6Oy.

Key Points: 
  • The CLE-eligible event will focus on cyber risks and data privacy laws, the two biggest threats associated with collecting, using, and storing data.
  • Registration for the event, Unlocking the Power of Data: Aiming for Privacy and Cyber Stewardship, is available at http://onb-law.com/JTRN50PL6Oy .
  • "This year's In-House Forum offers the opportunity to hear from practitioners who are uniquely qualified to provide solutions for navigating data privacy issues and how to mitigate cyber risks in the face of the exploding use of AI, big data, and machine learning."
  • Caroline Louveaux, Chief Privacy & Data Responsibility Officer, Mastercard
    Anna Zeiter, Associate General Counsel & Chief Privacy Officer, eBay
    Dominique Shelton Leipzig, Cybersecurity & Data Privacy Partner, Mayer Brown
    Dan Nirdlinger, Global Security Advisor – Regulatory Compliance and Data Governance, SAP America, Inc.
    Monika Tomczak-Gorlikowska, Chief Privacy Officer and Group Head of Privacy, Naspers and Prosus Group

Consensus Cloud Solutions Launches AI Technology to Address Healthcare Providers' High Volumes of Unstructured Data

Retrieved on: 
Thursday, August 10, 2023
Consensus, Cloud, Consensus decision-making, Natural language processing, National Accreditation Board for Hospitals & Healthcare Providers, Bloomberg Law, Handwriting, NLP, Clarity, EHR, Risk, CCD, Paper, Continuity of Care Document, AI, Attain (consulting firm), Medical device

LOS ANGELES, Aug. 10, 2023 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), the largest provider of digital cloud fax and interoperability solutions, is proud to announce the launch of Clarity Clinical Documentation™ (Clarity CD™), an accessible, cost-effective, and turnkey solution that automatically routes unstructured clinical data from faxes, handwritten notes, and scanned documents into the correct patient record. 

Key Points: 
  • Through a natural language processing and artificial intelligence engine, Clarity CD extracts key patient demographics from unstructured documents and automatically populates that data into a structured Continuity of Care Document (CCD).
  • At least 70% of healthcare providers still exchange medical information by fax, according to federal officials as reported by Bloomberg Law .
  • The launch of this new solution advances the secure exchange of healthcare data while evolving the role digital faxes play in a health system's broader interoperability strategy.
  • Scott Turicchi, CEO of Consensus Cloud Solutions states, "The reality is faxes and handwriting remain prevalent in our day-to-day healthcare system, and many are still years away from eliminating paper.

In Wake of Numerous Rule Changes, Bloomberg Law Updates New York Commercial Division Practice Guide

Retrieved on: 
Tuesday, August 8, 2023
COVID-19, Bloomberg Law, Patterson Belknap Webb & Tyler, Nixon Peabody, Bloomberg, Supreme court

The guide provides an in-depth look at litigation in the Commercial Division of the New York Supreme Court, the premier forum in which to litigate commercial cases.

Key Points: 
  • The guide provides an in-depth look at litigation in the Commercial Division of the New York Supreme Court, the premier forum in which to litigate commercial cases.
  • The updates to Bloomberg Law's leading Commercial Division practice guide reflect a series of post-Covid rule changes.
  • "With the New York Commercial Division as busy as ever, we are proud to update the leading Commercial Division practice guide for our post-Covid world," said Stephen Younger, co-author of the guide and senior counsel with Nixon Peabody's Complex Disputes practice.
  • "Our goal was to create a user-friendly, reliable guide to help practitioners deftly navigate the complexities in the ever-evolving Commercial Division."

40 Outstanding Lawyers Under 40 Recognized By Bloomberg Law

Retrieved on: 
Thursday, July 27, 2023
Government, Ministry of Labor, Employment, and Social Security, Intellectual property, Bloomberg Law, Record, Annual report, Q&A, Life, Bloomberg Industry Group, Bankruptcy

ARLINGTON, Va., July 27, 2023 /PRNewswire/ -- Bloomberg Law today announced the honorees for the third annual edition of "They've Got Next: The 40 Under 40," the special report that recognizes the accomplishments of outstanding young lawyers nationwide.

Key Points: 
  • ARLINGTON, Va., July 27, 2023 /PRNewswire/ -- Bloomberg Law today announced the honorees for the third annual edition of "They've Got Next: The 40 Under 40," the special report that recognizes the accomplishments of outstanding young lawyers nationwide.
  • They've Got Next: The 40 Under 40 celebrates exceptional young lawyers, each honoree demonstrates excellence in law.
  • Law firms and companies across the country had the chance to nominate up and coming top attorneys for Bloomberg Law's annual report.
  • "They've Got Next: The 40 Under 40 has become a Bloomberg Law tradition celebrating exceptional young lawyers across the nation, each demonstrating excellence in their practice areas, and highlighting the future of the legal profession," said Lisa Helem, executive editor, Bloomberg Industry Group.

Bloomberg Law and Fenwick Unveil 2023 Silicon Valley 150 Ranking

Retrieved on: 
Thursday, July 20, 2023
Bloomberg Law, Fenwick, Intelligence, Risk, Publication, Investment, Form 10-K, Content, Cryptocurrency, Security (finance), Silicon

ARLINGTON, Va., July 20, 2023 /PRNewswire/ -- Bloomberg Law and technology and life sciences law firm Fenwick today announced the release of the fifth annual edition of the Fenwick – Bloomberg Law SV 150 List, which ranks the largest public technology and life sciences companies in Silicon Valley by revenue.

Key Points: 
  • ARLINGTON, Va., July 20, 2023 /PRNewswire/ -- Bloomberg Law and technology and life sciences law firm Fenwick today announced the release of the fifth annual edition of the Fenwick – Bloomberg Law SV 150 List, which ranks the largest public technology and life sciences companies in Silicon Valley by revenue.
  • The Fenwick – Bloomberg Law SV 150 List and related analyses are available at https://aboutblaw.com/9od .
  • "The Fenwick – Bloomberg Law SV 150 List gives legal practitioners and industry observers and professionals a clear, comprehensive picture of the Silicon Valley tech and life sciences market," said Alex Butler, Vice President of Analysis and Content, Bloomberg Law.
  • A third article examines mergers and acquisitions and investment activity in Silicon Valley, finding that the number of M&A and investment deals involving companies ranked on the 2023 Fenwick – Bloomberg SV 150 List fell significantly in 2022.

Bloomberg Law Showcasing Extensive Content and Technology Enhancements at AALL Annual Meeting & Conference

Retrieved on: 
Wednesday, July 12, 2023
DNA, American Association of Law Libraries, Docket, Bloomberg Law, AALL, Analyser, SCOTUS, Artificial intelligence, News, Conference, Cryptocurrency

ARLINGTON, Va., July 12, 2023 /PRNewswire/ -- Bloomberg Law today announced that it will be spotlighting its many new content and technology enhancements at the American Association of Law Libraries (AALL) Annual Meeting & Conference, taking place in Boston from Saturday, July 15 to Tuesday, July 18.

Key Points: 
  • ARLINGTON, Va., July 12, 2023 /PRNewswire/ -- Bloomberg Law today announced that it will be spotlighting its many new content and technology enhancements at the American Association of Law Libraries (AALL) Annual Meeting & Conference, taking place in Boston from Saturday, July 15 to Tuesday, July 18.
  • At AALL, Bloomberg Law will be spotlighting how it saves legal professionals time and making them more productive.
  • Bloomberg Law, a silver sponsor of the conference, will spotlight its:
    Robust AI and machine learning technology, have been part of Bloomberg Law's product DNA for more than a decade, including Smart Code, Points of Law, Litigation Analytics, Brief Analyzer, and Draft Analyzer.
  • "Bloomberg Law is intensely focused on saving legal professionals time and making them more productive - and at AALL we'll be demonstrating how our platform does exactly that," said Joe Breda, president, Bloomberg Law.

Bloomberg Law Report Provides Insights Into ESG Litigation Trends

Retrieved on: 
Thursday, July 6, 2023
United States Court of Appeals for the Ninth Circuit, DEI, ESG, Bloomberg Law, Multidistrict litigation, Research, Cryptocurrency, Bloomberg

This report provides the clear, data-driven insights required to navigate the complex and rapidly evolving ESG landscape

Key Points: 
  • This report provides the clear, data-driven insights required to navigate the complex and rapidly evolving ESG landscape
    Through carefully curated research of federal district court dockets by Bloomberg Law legal analysts, this first-of-its-kind quantitative report offers insights into the filing trends that will help attorneys easily identify the high-risk areas and key market opportunities they need to stay on top of in this emerging practice area.
  • "This comprehensive report provides the clear, data-driven insights required to navigate the complex and rapidly evolving ESG landscape," said Alex Butler, vice president, analysis & content, Bloomberg Law.
  • "With detailed analysis on litigation trends and outcomes, Bloomberg Law helps legal professionals identify key risks and opportunities and enables them to better serve their clients."
  • The ESG Litigation report is the second report in Bloomberg Law's 2023 Litigation Statistics series and will be followed by a report on Multidistrict Litigation.