We present spectroscopic investigation of Laser Induced Plasma at early stage of development when Nd:Yag laser still illuminates copper target. According to experiment during this phase the plasma nearly meets the three \textbf{requirements characteristic for black body}: the spectrum is continuous and close in form to Planck's distribution, plasma is nontransparent while reflectivity is close to zero. The surface temperature of the plasma is derived from continuous, nearly black body spectra, emitted by the plasma. The spectra are recorded with temporal resolution of 1 ns, and with spatial resolution of 50 $\mu$m in axial direction. At a later stage, when the plasma becomes transparent, the absorption properties of the plasma are estimated measuring attenuation of two low power diagnostic CW lasers (He-Ne 633 nm and diode laser 400 nm) applied side on. Assuming that inverse bremsstrahlung is dominant absorption mechanism and comparing absorption coefficients for 633 nm and 400 nm wavelength radiation we derived values for electron density and electron temperature inside the plasma.