sad end to a company - Anonymous employee Bloomberg Employee Review

1.0
1 Mar 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Bloomberg Tradebook had a chance to shine under Mifid but sadly that was not the route taken by senior Bloomberg management

Cons

It became a joke in the last 12 months as management were like rabbits stuck in headlights. No Mifid strategy, no direction, morale at rock bottom. It was on life support until MB finally pulled the plug by steering clients towards Goldman. How to destroy a $200m business overnight!

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7 June 2026
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CEO approval
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Pros

People you work with are great

Cons

Linear growth not much opportunity outside of department

5.0
31 May 2026
Recommend
CEO approval
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Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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