Today Thomson Reuters introduced Claims Explorer, a new generative AI skill available in Westlaw Precision with CoCounsel, that simplifies claims research, saves time, and reduces the risk of missing an important cause of action. The new skill enables legal professionals to enter facts and identify applicable claims or counterclaims. Using generative AI to simplify claims research, …
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National Center for State Courts, Thomson Reuters Institute Form Strategic AI Partnership
The National Center for State Courts (NCSC) and the Thomson Reuters Institute, part of Thomson Reuters, today announced the launch of a strategic artificial intelligence (AI) partnership called the Thomson Reuters Institute/National Center for State Courts AI Policy Consortium for Law and Courts. This joint initiative is designed to inform and educate the judiciary about …
Firms Reconsider How Technology Shapes Productivity as Law Firm Market Returns to Profitability
Law firms showed resilience in 2023, taking advantage of shifts in market demand and aggressively raising rates while exercising restraint in costs, particularly talent costs for associates. This balanced approach of managing for both topline growth and cost controls paid dividends for firms; if they continue to successfully execute on those strategies, the market is …
