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We have rebranded from Iqidis — meet Irys. A new identity for the future of legal work.

Irys vs Bloomberg Law

A research and news platform — or a unified environment where research connects to drafting and matter context?

Bloomberg Law brings together legal research, litigation analytics, transactional intelligence, and Bloomberg's unmatched news and business data. But the AI capabilities are still emerging, and the platform was not designed around the unified workflows that modern legal teams increasingly need.

What Bloomberg Law does well

Bloomberg Law's differentiator has always been the combination of legal research with Bloomberg's broader business intelligence, news, and financial data. For practices where legal work intersects with market analysis, regulatory filings, or transactional data, that integration is genuinely valuable and hard to replicate.

Litigation analytics — including judge analytics, docket analysis, and Points of Law — give litigators data-driven insights into case strategy. The transactional intelligence tools serve deal lawyers with market-standard clause analysis and precedent transactions.

Bloomberg Law also offers competitive pricing relative to Westlaw and LexisNexis, and has built a reputation for a cleaner, more modern user experience within the traditional legal research category.

Where the limitations emerge

Bloomberg Law's AI capabilities are still developing. While the platform has introduced AI-assisted features, they have not yet reached the depth or breadth of purpose-built legal AI platforms. The AI experience is supplementary to the research workflow rather than central to it.

Like its legacy competitors, Bloomberg Law is primarily a research and intelligence platform. There is no native drafting environment, no AI-assisted document comparison, no matter management layer, and no persistent workflow that connects research output to the rest of a legal team's work.

For teams whose primary use case is legal research combined with business intelligence and news, Bloomberg Law delivers real value. For teams looking for AI to transform how they draft, analyze, and manage legal work across matters, the platform's research-centric architecture presents a constraint.

How Irys approaches it differently

Irys is not a research database with AI features. It is an AI platform where research is one capability among many — connected to drafting, document intelligence, matter management, and workflow continuity by design.

That architectural difference matters in practice. When an attorney researches a question in Irys, the results can flow directly into a drafting session. Matter context from prior work carries forward. Document comparison happens natively within the same environment. Each task builds on the one before it instead of existing in isolation.

Irys also brings a model-agnostic, multi-agent architecture that orchestrates across different AI capabilities rather than relying on a single model or a single product surface. The knowledge graph engine and enhanced legal embeddings provide depth across both published law and a firm's own documents and precedent.

The real choice

Bloomberg Law is a strong platform for legal research and business intelligence — especially for practices where legal and financial analysis intersect. Its competitive pricing and modern interface make it an attractive alternative within the traditional legal research category.

Irys is built for a different category entirely. It is not trying to be a better research database. It is building the platform where legal work happens end-to-end: research, drafting, analysis, and matter workflows unified in one AI-native environment. For teams ready to move beyond the research-tool paradigm, that is the more consequential bet.

This comparison is based on publicly available information and Irys's current product positioning as of March 2026. Bloomberg Law's offerings may evolve, and product fit will vary by workflow, practice area, deployment requirements, and team size.

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