I have followed the birth and development of Bloomberg Law with great interest. After all, it requires a bit of chutzpah to launch a legal research platform with the goal of competing against Westlaw and LexisNexis on their own turf. It also requires a bit of cash. Bloomberg Law has both.

When it officially launched

Bloomberg Law today released what it describes as “the next evolution” of its legal research platform. Changes include a redesigned interface, enhanced search capabilities, new practice centers and enhanced collaboration and workflow features. One thing that is not changing is Bloomberg Law’s flat-fee, all-inclusive pricing — something the company believes is key to differentiating it

This should be interesting: Lou Andreozzi, the former president and CEO of LexisNexis North American Legal Markets, has been named chairman of Bloomberg Law, the company announced this morning. Also, Larry D. Thompson, the former VP of business development, strategy and marketing and global chief marketing officer for LexisNexis, has joined Bloomberg Law as

Last February, Law.com published my review of Bloomberg Law, in which I wrote, “Bloomberg’s biggest challenge may lie in convincing the legal market that it needs another high-end research service.” That is essentially the same conclusion reached by Wall Street Journal reporter Russell Adams, who writes about the service today in a piece titled,