Let me start by thanking the Stanford research team for their efforts in aligning the AI community around a common set of standards and benchmarks that will further the development of trusted and safe AI. We reviewed the updated paper Hallucination-Free? Assessing the Reliability of Leading AI Legal Research Tools with interest here at Thomson …
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Thomson Reuters Foundation Announces 2024 TrustLaw Award Winners
The Thomson Reuters Foundation announced the winners of the 2024 TrustLaw Awards, an annual celebration of legal pro bono support for civil society organizations and social enterprises around the world. “The TrustLaw Awards are an opportunity to celebrate some of the very best legal pro bono from around the world – pro bono at its …
AI on Trial: Legal Products and Their Intended Use
The best part of my day, every day, is working with our customers. My job allows me to focus on how I can make their work easier, faster and better. I steward Practical Law and our newly launched Ask Practical Law AI tool for Thomson Reuters. Created by a team of expert in-house lawyers, Practical …
AI in Action: How Addleshaw Goddard Uses CoCounsel Core to Increase Efficiencies
Thomson Reuters recently rolled out CoCounsel Core – the only professional-grade generative AI assistant built specifically for the practice of law – in the UK. Among the leading UK law firms using CoCounsel Core’s suite of tools is Addleshaw Goddard LLP, which employs more the 1,600 lawyers in 19 offices worldwide. Steve Assie, general manager …
Thomson Reuters-Morgan Lewis Strategic AI Partnership: Prioritizing Legal Innovation
The Thomson Reuters partnership with global law firm Morgan Lewis to collaborate on artificial intelligence (AI)-driven legal products was named a finalist in the Law Firm Innovators category for The Legal Intelligencer’s Pennsylvania Legal Awards. Steve Assie, general manager of Global Large Law Firms for the Legal segment of Thomson Reuters, and Colleen Nihill, chief …
“Tech spending remains especially hot:” Reactions to the Thomson Reuters Q1 2024 Law Firm Financial Index
“While overhead expenses continued to cool during the first part of 2024, tech spending remains especially hot,” Andrew Maloney noted in Law.com’s coverage of the Q1 2024 Thomson Reuters Law Firm Financial Index. “Taking inflation into account, law firms are investing in technology at their most rapid pace since at least 2014, the report noted. …
Record Revenue and Rate Growth: Top Takeaways from Q1 2024 Thomson Reuters Law Firm Financial Index
Law firms achieved elevated revenue growth in the first quarter of 2024 and continued to heavily invest in technology. These are among the findings of the Q1 2024 Thomson Reuters Law Firm Financial Index (LFFI), powered by Financial Insights. Legal Current shares key takeaways from the report, which found that law firms returned to a …
Judge Samantha P. Jessner Receives 2024 Liberty Achievement Award
Thomson Reuters presented Judge Samantha P. Jessner with the American Bar Association’s Tort Trial & Insurance Practice Section (TIPS) Liberty Achievement Award on May 1. Thomson Reuters has sponsored the TIPS Liberty Achievement Award to recognize attorneys and judges who take leadership roles in promoting diversity in the profession of law since its inception in …
Thomson Reuters Launches Westlaw Edge UK with CoCounsel
Thomson Reuters is expanding customers’ access to AI-Assisted Research with the introduction of Westlaw Edge UK with CoCounsel. The first Thomson Reuters generative AI legal research offering in the UK, Westlaw Edge UK with CoCounsel streamlines the initial phase of legal research by allowing customers to ask complex questions in natural language and delivering synthesized …
Tech and Legal Industries React to the Thomson Reuters Expansion of CoCounsel
The Thomson Reuters expansion of CoCounsel “spreads the LLM love beyond legal,” said Richard Tromans on social media as part of Artificial Lawyer’s coverage of the announcement. Journalists and bloggers shared their perspectives on the CoCounsel expansion, which includes the rollout of the generative AI assistant beyond the legal landscape as well as new skills …
