If you have even an ounce of ambition in you, stay far away from Bloomberg Law (BLAW).
If you work here, you'll have to deal with mediocre talent with irrationally large egos. At BLAW this means dealing with former "lawyers" whose only legal experience comprises of doc review work but who still think that their JDs from third tier law schools make them special snowflakes.
The actual work is similar to the drudgery of doc review, and depending on the team you might be spending most of your day doing manual tagging of legal documents. This work is ripe for automation and offshoring, and requires minimal independent thought. You'll primarily be working with internal enterprise software (often with no documentation) that is not used outside of Bloomberg, and most of your job is about getting intimately familiar with this piece of software.
Management is highly dysfunctional, with TLs and managers spending an inordinate amount of time gossiping about each other. The head of the department commands zero respect among peers/underlings, and seems to have been promoted to the position primarily on the basis of having been with BLAW for a long time. BLAW has become a laughing stock within Bloomberg, and people in the main Global Data office across the street (including the managers) often crack jokes about how BLAW is on the brink of imminent collapse.
Turnover is extremely high. Employees with outside options often leave as soon as they realize that they've been hoodwinked by the false promises made to them during the interview process. Don't think about transferring to another role internally: management has been known to vindictively block transfers to other departments within Bloomberg.
The promised benefits are also extremely hard to avail. The education benefit, for example, promises up to 12k a year on education related to any of Bloomberg LP's businesses according to the HR handbook. However, BLAW management will find reasons not to pay for courses because they are not directly related to BLAW, even if they relate to Bloomberg LP's wider business.
Lastly, pay is abysmally low. It's not uncommon for people to literally double their salaries after leaving the company if they have in-demand skills.
tl;dr: Don't work for BLAW if you have any ambition and/or outside options whatsoever.
