Bloomberg Law is a subscription platform for legal research, aimed at lawyers, in-house legal teams and law students. It combines news and legal content with litigation and docket tracking, legal and financial analytics, practice tools and business-development tools. The service is delivered online as SaaS and was introduced by Bloomberg L.P. in 2009.
Bloomberg Law sits within Bloomberg Industry Group, the former BNA, which is headquartered in Crystal City in Arlington, Virginia (US) and is an affiliate of Bloomberg L.P. It is therefore a US provider and subject to US law, including the CLOUD Act. Bloomberg does not state where customer data is stored, and no self-hosted option is known. For European organisations this means that searches and research activity of a legally sensitive nature end up with a US provider. It is sensible to ask the vendor in advance about the processing model, the transfer mechanisms and the sub-processors.