Irys (formerly Iqidis) vs Bloomberg LawBloomberg Law is a research and intelligence platform. Irys is a matter platform. Here is how to tell which one you need.
Bloomberg Law pairs authoritative legal research and litigation analytics with Bloomberg's news and business data, and its AI tools have advanced considerably. Irys takes a different approach: a transparently priced workspace where research, drafting, matter context, and connected application actions live in one place. This page compares what each company publicly documents.
At a glance
Irys and Bloomberg Law serve different needs: Bloomberg Law combines legal research with litigation analytics and business news, while Irys is a matter platform for research, drafting, and connected work at a published price. Bloomberg Law's subscription pricing is quote-based; Irys One is $299 per month with a 7-day, no-card trial. Firms centered on litigation analytics and market intelligence weigh this differently than firms that want one workspace for the whole matter.
Bloomberg Law
Who Bloomberg Law is for
Bloomberg Law is built for practices where legal research intersects with markets, deals, and regulatory movement.
It combines primary law, dockets, Practical Guidance, and proprietary secondary sources with litigation analytics covering judges, courts, attorneys, firms, and companies, plus the connection to Bloomberg's news and business data. For litigators who live in analytics and for lawyers whose work tracks the business world, that combination is a genuine strength that few platforms can match.
Its AI toolset is substantial. Bloomberg Law publicly documents an AI Assistant with inline citations and one-click source verification, a Deep Thinking mode for complex multistep research, document upload tasks for analyzing contracts, complaints, and clauses, and Bloomberg Law Answers for direct research questions. Bloomberg Law states that these AI features are included in the platform subscription at no additional charge.
Pricing
Pricing: what is actually public
Bloomberg Law does not publish standard pricing.
Subscriptions are quoted through a sales process based on organization size and configuration. Bloomberg Law markets its subscription as all-inclusive, with features like BCite, Points of Law, and dockets covered without add-on fees. Bloomberg Law presents that positioning in its own materials, but the number itself requires a quote, so budget certainty starts with a conversation rather than a published rate.
Irys publishes its prices. Irys One is $299 per month for an individual attorney. Irys Teams is $329 per seat per month for teams of 2 to 25 attorneys. There is no per-token or per-query overage on the advertised Irys One plan, and evaluation starts with a 7-day trial that requires no credit card. You can know your cost before you ever talk to anyone.
Bloomberg Law
What Bloomberg Law does better
Litigation analytics is the clearest example.
Bloomberg Law's analytics on judges, courts, law firms, and companies draw on data depth that comes from years of docket coverage, and tools like Docket Key make that record searchable in granular detail.
Its research toolchain is deep and integrated. Brief Analyzer reviews cited authorities and checks whether they remain good law. Points of Law classifies legal propositions across case law. BCite provides citator coverage. Draft Analyzer benchmarks contract language against market-standard provisions filed in EDGAR documents. The AI Assistant now draws on secondary sources including ALI Restatements.
And the Bloomberg newsroom is a distinctive asset. If your practice depends on following companies, markets, and regulatory developments in near real time alongside your legal research, Bloomberg Law earns its place.
Irys
What Irys does differently
Irys is organized around the matter, not the search.
Research, drafting, and document analysis happen in one workspace where the context you build persists. When you move from a research question to a draft, the facts, documents, and authorities you have already assembled carry forward instead of starting over in a new session.
Output is source-linked, so material statements connect back to the underlying document or authority for verification. Irys includes a Word add-in for drafting where lawyers already work, and built-in e-signature so a finished document can go out for execution without leaving the platform.
Workbench connects Irys to working applications such as email, calendars, and cloud documents, and takes actions only with user approval. The goal is finished work product, a usable file or a sent draft, rather than chat text you copy somewhere else.
To be equally direct about scope: Irys does not offer Bloomberg's news operation, its financial data, or litigation analytics of that depth. If those are the center of your work, weigh that honestly.
Matter
How to evaluate both: run the same matter through each
Demos are choreographed.
The only evaluation that matters is a real matter from your own practice, run through both platforms side by side. Ask these questions of each.
Bottom line
The honest bottom line
Choose Bloomberg Law when authoritative research, litigation analytics, and business and market intelligence are the center of your practice, and a quoted subscription that Bloomberg Law markets as all-inclusive fits how your organization buys.
Choose Irys when you want a platform with published pricing that starts with a single lawyer, where research, drafting, matter context, connected actions, and e-signature operate in one workspace, and where you can test the product on a real matter this week without a sales call.
Everything on this page reflects each company's publicly available materials as reviewed on August 3, 2026. Products and terms change. Verify current details with each vendor before you buy.
The Irys offer
One published price. No per-token or per-query overage.
Irys One is $299 per month with unlimited AI queries under the advertised plan, a 7-day trial, and no credit card required.
FAQ
Frequently asked questions
Is Irys better than Bloomberg Law?
For litigators who rely on judge, court, and company analytics alongside Bloomberg's news and market data, Bloomberg Law offers depth that few platforms match. For a matter workspace where research, drafting, and connected application actions live together at a published price, Irys is built for that. Irys does not offer Bloomberg's news operation or litigation analytics of that depth, so the fit depends on how central those are to your practice.
How much does Bloomberg Law cost compared to Irys?
Bloomberg Law does not publish standard pricing; subscriptions are quoted through a sales process based on organization size and configuration, though Bloomberg Law markets the subscription as all-inclusive of its core AI features. Irys One is $299 per month for an individual attorney with no per-token or per-query overage on the advertised plan, and the 7-day trial requires no credit card.
Does Bloomberg Law check citations like Irys?
Yes. Bloomberg Law's Brief Analyzer reviews cited authorities and checks whether they remain good law, and BCite provides citator coverage, backed by years of docket data. Irys's Cite Check and source-linked output serve the same purpose inside a matter-centric workflow.
Is Iqidis the old name for Irys?
Yes. Irys is the rebranded name of Iqidis as of 2026; the company and product are the same. A comparison of Bloomberg Law to Iqidis elsewhere describes this same Irys platform.
Can Irys carry matter context the way Bloomberg Law's research tools work individually?
Irys keeps research, drafting, and document analysis inside one persistent matter, so context built during research carries into a later drafting task instead of starting over. Bloomberg Law's tools, such as Points of Law and Draft Analyzer, are strong within research and drafting individually, but Bloomberg Law is not positioned as a single connected matter workspace the way Irys is.
Which firms should choose Bloomberg Law over Irys?
Firms whose work depends on litigation analytics, market intelligence, or near-real-time business and regulatory news alongside legal research should put Bloomberg Law on the shortlist. Firms that want a published price starting with one lawyer, with research, drafting, matter context, and e-signature in one workspace, are better matched to Irys.
Other comparisons
Except where a statement is expressly labeled as Irys internal testing, this comparison is based on publicly available information reviewed on August 3, 2026, and on Irys's current product positioning. “Not publicly listed” means no standard public price or term was found on the vendor's official materials as of that date; actual pricing, features, and contract terms may vary and may require particular plans, content subscriptions, or integrations. Product capabilities on both sides change frequently; confirm current details with each vendor before making a purchasing decision. Bloomberg Law and all other product names are trademarks of their respective owners. Their use here is for identification and comparison only and does not imply any affiliation with, or endorsement by, their owners. This page is informational and is not legal, financial, or purchasing advice.
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