Bloomberg Law
Bloomberg Law is a comprehensive legal research platform that combines AI-powered tools, real-time news, and primary source data to help legal professionals work faster and make more informed decisions.
Rocket Matter
Rocket Matter is a cloud-based legal practice management software providing law firms with integrated tools for time tracking, billing, document management, and project handling to increase overall office productivity.
Quick Comparison
| Feature | Bloomberg Law | Rocket Matter |
|---|---|---|
| Website | bloomberglaw.com | rocketmatter.com |
| Pricing Model | Custom | Subscription |
| Starting Price | Custom Pricing | $39/month |
| FREE Trial | ✓ 0 days free trial | ✓ 15 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2009 | 2008 |
| Headquarters | Arlington, USA | Boca Raton, USA |
Overview
Bloomberg Law
Bloomberg Law provides you with an all-in-one legal research environment that integrates primary law, expert analysis, and practice tools. You can navigate complex litigation with AI-driven dockets, track legislative changes in real-time, and access a massive library of practitioner manuals. The platform is designed to eliminate the need for multiple subscriptions by bundling news, data, and analytics into a single interface.
You can streamline your drafting process using automated templates and clause libraries that reflect current market standards. Whether you are managing corporate transactions or preparing for trial, the software helps you identify risks and opportunities through data-driven insights. It is built for law firms, corporate legal departments, and government agencies that require high-stakes accuracy and comprehensive regulatory coverage without the hassle of per-search charges.
Rocket Matter
Rocket Matter helps you run a more productive and profitable law firm by centralizing your entire practice in the cloud. You can manage your matters, track billable time, and automate your invoicing from a single dashboard. It eliminates the need for multiple disconnected tools by combining calendar management, task tracking, and secure document storage into one intuitive interface designed specifically for legal professionals.
You can streamline your workflows with automated document assembly and electronic signatures, reducing the time spent on repetitive administrative tasks. The platform also includes robust reporting tools that give you real-time insights into your firm's financial health and billable targets. Whether you are a solo practitioner or part of a mid-sized firm, you can access your case files and track time from anywhere using the native mobile apps.
Overview
Bloomberg Law Features
- AI-Powered Points of Law Find the best supporting language for your legal arguments quickly using machine learning that identifies key judicial holdings.
- Smart Code Tools Track changes in statutes and regulations visually so you can see exactly how the law has evolved over time.
- Drafting Assistant Analyze your documents for errors and find missing citations or better-market-standard clauses directly within your word processor.
- Litigation Analytics Predict judge behavior and evaluate opposing counsel's track record using data from millions of court filings and dockets.
- Practical Guidance Access step-by-step checklists, annotated forms, and expert overviews to handle unfamiliar legal tasks with total confidence.
- Real-Time News Alerts Stay ahead of market shifts with integrated Bloomberg News and Law Reports tailored to your specific practice areas.
Rocket Matter Features
- Automated Billing. Generate hundreds of invoices in minutes and send them to clients electronically to get paid faster.
- Legal Time Tracking. Capture every billable minute as you work with multiple timers that sync directly to your matters.
- Document Automation. Create complex legal documents instantly by merging your matter data into customized templates.
- Matter Management. Organize all your notes, tasks, and files in one central location for every case you handle.
- Electronic Signatures. Send documents for signature directly from the platform to close deals and finalize filings without printing.
- Legal CRM. Track your potential new clients and manage your intake process to grow your firm's revenue.
- Online Payments. Accept credit cards and eChecks through a secure portal to improve your firm's collection rates.
- Advanced Reporting. Monitor your firm's performance with detailed reports on productivity, collections, and origination.
Pricing Comparison
Bloomberg Law Pricing
Rocket Matter Pricing
- Automated billing and invoicing
- Time and expense tracking
- Calendar and task management
- Document storage
- Standard reporting
- Mobile app access
- Everything in Essentials, plus:
- Document automation
- Electronic signatures
- Advanced reporting
- Legal CRM and intake
- Custom fields
Pros & Cons
Bloomberg Law
Pros
- Predictable flat-fee pricing prevents unexpected monthly billing surprises
- Integrated news and law reports provide excellent situational awareness
- User-friendly interface makes navigating complex dockets much faster
- Comprehensive secondary materials and practitioner manuals add deep value
Cons
- Search filters can feel less granular than some competitors
- Large volume of data can be overwhelming for new users
- Premium pricing reflects its position as an enterprise-grade tool
Rocket Matter
Pros
- Intuitive interface makes it easy for new staff to learn
- Excellent customer support with quick response times
- Robust mobile app allows for seamless remote work
- Batch billing saves hours of administrative time each month
- Strong integration with popular tools like Office 365
Cons
- Document assembly has a slight initial learning curve
- Occasional slow loading times during peak usage
- Limited customization options for some standard reports