Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the September issue. …
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Future of Professionals Report: Legal Professionals’ Optimism and Wariness Around AI
Our Future of Professionals Report reflects our history of partnering with legal professionals and our commitment to applying innovative technology that helps our customers better serve their clients. The report surveyed more than 1,200 professionals in legal, tax and accounting, global trade, and risk and compliance industries. Legal professionals’ perspectives in the report are what …
ILTACON Takeaways from Thomson Reuters: “Everything Began and Ended with Generative AI”
ILTACON seemed back this year,” said Zach Warren, manager, Enterprise Content for Technology and Innovation, Thomson Reuters Institute. “While attendance may not have been exactly at pre-COVID levels, it was darn close, and the energy felt the same.” With more than 3,400 registrants, as Steve Embry noted on TechLaw Crossroads, it was the second most-attended …
Thomson Reuters Future of Professionals Report: Top Takeaways for the Legal Market
Improving productivity, driving law firm profitability, and providing high-quality advice to clients are among the top motivators for legal professionals to embrace AI, including generative AI. These are among the findings of the Future of Professionals Report, which surveyed more than 1,200 professionals in legal, tax and accounting, global trade, and risk and compliance industries. …
Thomson Reuters Completes Acquisition of Casetext, Inc.
Thomson Reuters announced today that it has closed on its previously announced acquisition of Casetext, Inc., a provider of technology for legal professionals, for a purchase price of $650 million in cash. Founded in 2013, Casetext uses advanced AI and machine learning to build technology for legal professionals, creating solutions that help them work more efficiently and …
Generative AI Insights from Joel Hron: How Thomson Reuters Will Deliver Trustworthy Results
Joel Hron, vice president of Technology, was among the presenters at the webinar Thomson Reuters hosted in June to offer sneak peeks of the generative AI capabilities in Westlaw, Practical Law, Legal Drafting tools, and the plugin with Microsoft 365 Copilot. More than 150 attendees submitted questions during the webinar. Today, Hron provides the second piece in …
ChatGPT and Generative AI in Legal, Corporate & Tax Markets: Key Takeaways
New Thomson Reuters research uncovered a mix of optimism and caution in the adoption of generative AI among legal, tax, and accounting firms in the United States, UK, and Canada. ChatGPT and Generative AI in Legal, Corporate & Tax Markets further expands on findings released in the ChatGPT & Generative AI within Law Firms report, …
Generative AI in Action: Product Demos for Thomson Reuters Suite of Legal Solutions
Leaders from the Thomson Reuters Legal Professionals business hosted a webinar with product demos to show how generative AI will be integrated across the legal product suite. The sneak peeks included Westlaw Precision, Practical Law, and Legal Drafting tools. Legal Current is sharing highlights of the session, where Paul Fischer, president of Legal Professionals; Mike Dahn, head …
Generative AI Product Preview: Legal Drafting and a Plugin with Microsoft 365 Copilot
Thomson Reuters is incorporating generative AI capabilities enterprise-wide to provide customers with a more conversational experience, intuitive automation, time savings and a significantly improved user experience. Integrating this new technology will transform Thomson Reuters solutions and enable customers to get their work done faster. Thomson Reuters is prioritizing its legal product suite, including Westlaw Precision, …
Generative AI Product Preview: Practical Law
Thomson Reuters is incorporating generative AI capabilities enterprise-wide to provide customers with a more conversational experience, intuitive automation, time savings and a significantly improved user experience. Integrating this new technology will transform Thomson Reuters solutions and enable customers to get their work done faster. Thomson Reuters is prioritizing its legal product suite, including Westlaw Precision, …
