Bloomberg BNA has announced new enhancements to transactional resources in the Bloomberg Law database. To find them, look under the Transactional Law tab/menu bar, where you will now see links for the new "Draft Analyzer" and "Deal Analytics" tools.
The "Draft Analyzer" allows you to take your draft provisions/language and build out market based standardized versions of that language. It shows you the developing consensus among drafters based on Bloomberg's analysis of each paragraph from virtually every agreement and organizational document filed as an EDGAR exhibit. After running the analyzer, the results page shows you up to 10 matching consensus templates (market based standards) as well as analytical information so that you can determine the consensus template’s strength and relevance to your transaction. For example, for each market based standard you will see information telling you the number of documents making up that standard, the law firms that used that language, when they used it, etc.
The "Deal Analytics" tool contains information on 500,000 public and private M&A deals and allows you to search through all these deals using a plethora of search filters/options. For example, you can search by party, advisor, industry sector, deal type, deal size, exchange, date, etc.
The "Draft Analyzer" allows you to take your draft provisions/language and build out market based standardized versions of that language. It shows you the developing consensus among drafters based on Bloomberg's analysis of each paragraph from virtually every agreement and organizational document filed as an EDGAR exhibit. After running the analyzer, the results page shows you up to 10 matching consensus templates (market based standards) as well as analytical information so that you can determine the consensus template’s strength and relevance to your transaction. For example, for each market based standard you will see information telling you the number of documents making up that standard, the law firms that used that language, when they used it, etc.
The "Deal Analytics" tool contains information on 500,000 public and private M&A deals and allows you to search through all these deals using a plethora of search filters/options. For example, you can search by party, advisor, industry sector, deal type, deal size, exchange, date, etc.
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