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Information and commentary on the business and practice of law at Thomson Reuters.
Articles
“Fundamentals of AI in the U.S. Court System” Launches AI Policy Consortium’s Educational Series
The Thomson Reuters Institute-National Center for State Courts (NCSC) AI Policy Consortium for Law and Courts kicks off its educational offerings with Fundamentals of AI in the U.S. Court System. The Aug. 28 webinar – hosted by Jake Heller, head of Product for CoCounsel, Thomson Reuters, and Jake Porway, co-founder of DataKind and an NCSC …
- August 26, 2024
- Carrie Brooker
ILTACON Insights: Steve Assie Shares Highlights of CIO Panel
Steve Assie, general manager, Global Large Law Firms, Thomson Reuters, attended ILTACON and moderated a panel discussion for CIOs from G100 and G200 firms. The CIOs discussed the evolving role of the document management system, the opportunity for generative AI to drive efficiency improvements now and in the future, the evolving expectations of corporate law …
- August 23, 2024
- Carrie Brooker
Joel Hron: Five Reasons I’m Thrilled Safe Sign Technologies Is Joining Thomson Reuters
Today Thomson Reuters acquired Safe Sign Technologies, a UK legal large language model (LLM) startup with a team of world-class AI experts and early-stage language models. Joel Hron, chief technology officer, Thomson Reuters, discussed why the acquisition is a boon for Thomson Reuters customers across all professions. Read Hron’s perspective on the acquisition on the Thomson …
- August 21, 2024
- Carrie Brooker
Legal Industry Media and Influencers React to CoCounsel 2.0 Launch
Notable ILTACON moments included the launch of CoCounsel 2.0 and a celebration of the one-year anniversary of Casetext joining Thomson Reuters. Legal industry journalists and influencers including Joe Patrice, Isha Marathe and Richard Tromans highlighted the Thomson Reuters milestones. Read their takeaways on the Thomson Reuters Innovation Blog, and check out more Innovation Blog posts …
- August 19, 2024
- Carrie Brooker
ILTACON Day 4 Highlight: A Shift In Attitudes Toward Generative AI
Valerie McConnell, senior director, CoCounsel, Thomson Reuters, was a panelist at the Aug. 14 ILTACON session, “How Today’s Lawyers Are Enhancing Their Practice with AI.” She shared takeaways from the panel and the conference on the Thomson Reuters Innovation Blog, noting “One of the most surprising and encouraging moments at ILTACON was seeing the shift …
- August 15, 2024
- Carrie Brooker
ILTACON Day 2 Highlight: CoCounsel 2.0 Helps Legal Professionals Harness the Full Potential of GenAI
Thomson Reuters today announced CoCounsel 2.0, the professional-grade GenAI assistant, will optimize for and combine the strengths of leading LLMs, allowing customers to realize the greatest value from this rapidly evolving technology. David Wong, chief product officer, Thomson Reuters, discussed CoCounsel 2.0 with Jake Heller, head of Product for Counsel, Thomson Reuters, and Kriti Sharma, …
- August 12, 2024
- Carrie Brooker
Resurgence in Transactional Practices Leads Law Firm Growth
The Q2 2024 Thomson Reuters Law Firm Financial Index (LFFI), powered by Financial Insights, showed continued strong growth for law firms amid a resurgence in transactional practices and solid fundamentals in the second quarter of 2024. Released today by Thomson Reuters, the report showed a healthy outlook for law firms with overall demand up 2.4% …
- August 5, 2024
- Carrie Brooker
Mike Dahn: How Harmful Are Errors in AI Research Results?
AI and large language models have proven to be powerful tools for legal professionals. Our customers are seeing the gains in efficiency and tell us it’s greatly beneficial. However, there has been a lot of discussion lately of errors and hallucinations, but what hasn’t been discussed is the extent of harm that comes from errors …
- August 2, 2024
- Carrie Brooker
Thomson Reuters Takeaways from AALL: Heightened Interest in Generative AI
Thomson Reuters employees who connected with customers at the American Association of Law Libraries (AALL) Annual Meeting & Conference in Chicago are sharing their takeaways from the event. “There was a significant focus on the practical application and optimization of generative AI,” said Valerie McConnell, senior director, CoCounsel, Thomson Reuters. “AALL attendees wanted to learn …
- July 25, 2024
- Carrie Brooker