Bloomberg Law is a research and intelligence platform. Irys is a matter platform. Here is how to tell which one you need.

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 50 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.

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 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, currently in beta, 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.

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.

Can it locate the exact source behind a factual statement, not just the document it came from?

Can it confirm whether a cited authority is still good law, and show its basis?

Can it carry the context from a research task into a later drafting or review task without rebuilding it?

Can it work across email, files, research, and Word without manual copying between windows?

Can it produce a usable file, a brief, a letter, a redline, rather than only chat text?

What happens when the matter contains hundreds of documents?

What exactly is included in the quoted price, what is excluded, and what happens at renewal?

Can you run a real matter on a trial basis before signing a term agreement?

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.