Bloomberg Law’s Draft Analyzer

Boomberg Law’s Draft Analyzer feature is a great help for those interested in transactional law. The product is located under the ‘transactional law” tab on Bloomberg Law.

Draft Analyzer shows you the developing consensus among drafters based on our Bloomberg’s analysis of each paragraph from virtually every agreement and organizational document filed as an EDGAR exhibit. Draft analyzer first categorizes each paragraph based on textual similarity and constructs one or more unified versions (“consensus templates”) for each paragraph.  So basically you input your language and Draft Analyzer tells if you alternative language that you may want to add to or replace your text.

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