Bloomberg Law vs. Thomson Reuters Practical Law

Bloomberg Law

Thomson Reuters Practical Law

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Bloomberg Law	Score 8.0 out of 10	N/A	Bloomberg Law is a legal research and analytics tool, from Bloomberg.	N/A
Thomson Reuters Practical Law	Score 7.8 out of 10	N/A	Thomson Reuters offers Practical Law, a research assistance tool containing up-to-date legal intelligence decisions, aimed at providing strategic advantage to legal teams.	$632 per month

Pricing

Bloomberg Law

Thomson Reuters Practical Law

Editions & Modules

No answers on this topic

Practical Law for Government - Basic: $119.00
per month per seat
Practical Law for Government - Essentials: $166.00
per month per seat
Practical Law for Law Firms - Drafting and Negotiating: $199.20
per month per seat
Practical Law for Law Firms - Litigation and Advisory: $199.20
per month per seat
Practical Law for Government - Premium: $238.00
per month per seat
Practical Law for Law Firms - Premium: $427.20
per month per seat
Practical Law General Counsel - US: $632.70
per month per seat
Practical Law General Counsel - Connect US: $1,399.35
per month per seat
Practical Law General Counsel - Connect US Dynamic: $1,571.30
per month per seat

Offerings

Pricing Offerings
Bloomberg Law	Thomson Reuters Practical Law
Free Trial
No	Yes
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

Discounts available for multi-year plans.

More Pricing Information

Community Pulse
	Bloomberg Law	Thomson Reuters Practical Law
Considered Both Products	Bloomberg Law Verified User Vice-President Chose Bloomberg Law I also regularly use Brightmine and Practical Law! Incentivized Helpful?	Thomson Reuters Practical Law Verified User Director Chose Thomson Reuters Practical Law They stack up generally the same, but the interface and layout are just different. Lexis and Westlaw seem to be better for case law and citations, but Practical Law is better for legislation and articles that get to the point of what I need without having to read a case. Helpful?

User Ratings
	Bloomberg Law	Thomson Reuters Practical Law
Likelihood to Recommend	8.0 (1 ratings)	9.0 (3 ratings)

User Testimonials
	Bloomberg Law	Thomson Reuters Practical Law
Likelihood to Recommend	Bloomberg It's best suited for in-house counsel that wishes to stay on top of recent case law and labor decisions. It's also great for labor & employment attorneys working at firms to have a high level overview of key issues. The chart builder and Daily Labor Report are the best resources for in-house counsel. The content is easy to flip to in-house client teams and department heads along with individual analysis and suggested action items. Incentivized Verified User Anonymous Read full review	Thomson Reuters PracticalLaw offers excellent Practice Notes, Checklists, Precedents, and Toolkits for a variety of practice areas - which is very helpful to in-house counsel and law clerks that are working on files across different practice areas. Less appropriate when there are already many resources available to me to help in drafting documents - then there is not much use to look up PLC. Incentivized Rajiv Chidambaram, BE, MBA Marketing Strategist Read full review
Pros	Bloomberg Daily Labor Report Providing summaries of recent decisions Easy to navigate Incentivized Verified User Anonymous Read full review	Thomson Reuters News articles. Specific content on areas of law. Research jury verdicts and dispositive motions decisions. Verified User Anonymous Read full review
Cons	Bloomberg Could offer more practical advice and answers to common questions similar to SHRM Discussions and summaries of recent legislation Easier to search case law function Incentivized Verified User Anonymous Read full review	Thomson Reuters Some resources are more detailed and on point than others Competitors offer platforms that are more user-friendly Sometimes navigating back to an old resource takes a bit more time than other platforms Incentivized Raymond Tran Graduate Research And Teaching Assistant Read full review
Alternatives Considered	Bloomberg I also regularly use Brightmine and Practical Law! Incentivized Verified User Anonymous Read full review	Thomson Reuters Lexis Practice Advisor is an excellent alternative - but Practical Law has more comprehensive coverage of topics and practice areas - as well as more frequent updates to tools and checklists. Also, Practice Law integrates well with WestLaw which is great for having all the legal research and files centralized. Incentivized Rajiv Chidambaram, BE, MBA Marketing Strategist Read full review
Return on Investment	Bloomberg Less reliance on outside counsel or outside law firms for key legal updates Increased value to internal departments and teams by knowing the current labor and employment landscape Easy to create 50-state charts on key issues Incentivized Verified User Anonymous Read full review	Thomson Reuters Cost savings related to proactive training is easily in the hundreds of thousands. Having various types of content available in one platform makes research efficient. I have used Practical Law to search for judgments and lessons learned from my training sessions for our leadership. Verified User Anonymous Read full review
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