Legal departments are prioritizing workflow efficiency, cost controls, and technology use. These are among the findings of the 2023 Legal Department Operations Index, which noted legal departments are facing growing workloads, shrinking budgets, and a need to increase their use of technology. Legal Current shares top takeaways from the report. Legal departments are under pressure …
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Practical Law The Journal: September Issue Out Now
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. …
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 …
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 …
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: Document Review and Summary Solution
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, …
Generative AI Product Preview: Westlaw Precision
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, …
How Generative AI Will Change How Legal Professionals Work
The legal industry is both concerned and excited about how generative AI is shaping the way legal professionals work. With Thomson Reuters investing $100 million annually to further integrate AI capabilities into its offerings, the company is making a significant impact on the future of work. Legal Current shares perspectives from Thomson Reuters Legal Professionals …
