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 …
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legal innovation
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
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
Claims Explorer: The Latest Generative AI Skill in Westlaw Precision with CoCounsel
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, …
- July 21, 2024
- Carrie Brooker
AALL Sneak Peek: How Thomson Reuters Will Connect With Customers in Chicago
Legaltech and legal information professionals are preparing to head to Chicago for the American Association of Law Libraries (AALL) Annual Meeting & Conference, and Legal Current has a look at how Thomson Reuters will connect with customers there. CoCounsel Drafting The AALL event offers opportunities to learn about the latest legal product enhancements, including CoCounsel …
- July 18, 2024
- Carrie Brooker
CoCounsel Drafting: What Customers Are Saying
Today Thomson Reuters launched CoCounsel Drafting, an end-to-end drafting solution that streamlines and improves the drafting process for legal professionals within Microsoft Word. It’s the latest set of capabilities available for CoCounsel, the first professional-grade GenAI assistant from Thomson Reuters. With the new solution, customers have noted they can easily and quickly move through the …
- July 15, 2024
- Carrie Brooker
Webinar Recap: Raghu Ramanathan and David Wong on Evaluating AI Vendors
Raghu Ramanathan, president, Legal Professionals, Thomson Reuters, and David Wong, chief product officer, Thomson Reuters, shared their insights on evaluating AI vendors during a webinar with Morgan Lewis partner Rahul Kapoor and associate Shokoh Yaghoubi. They offered advice on evaluating a vendor’s technology expertise, support services, and transparency. Also, they shared how firms and organizations …
- June 28, 2024
- Carrie Brooker
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 …
- May 16, 2024
- Carrie Brooker
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 …
- May 6, 2024
- Carrie Brooker
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 …
- April 22, 2024
- Carrie Brooker