Dear friends, We are saddened and concerned as Hurricane Milton makes landfall in Florida, making it even more difficult to rebuild from the devastation of Hurricane Helene across several states in the Southeast. Please know that at Thomson Reuters, we are deeply concerned about everyone affected by these dangerous storms. We hope that you remain …
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Legal Professionals
Thomson Reuters Corporation Signs Definitive Agreement to Acquire Casetext
Thomson Reuters Corporation announced yesterday it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for $650 million cash. The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to invest more than $100 million annually on AI capabilities, …
- June 27, 2023
- Carrie Brooker
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, …
- June 21, 2023
- Carrie Brooker
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, …
- June 14, 2023
- Carrie Brooker
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, …
- June 8, 2023
- Carrie Brooker
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 …
- May 31, 2023
- Carrie Brooker
Thomson Reuters Integrates Generative AI: Reactions from the Legal Industry
Legal industry journalists, bloggers and influencers shared their perspectives on Thomson Reuters incorporating generative AI capabilities across its legal solutions and developing a contract drafting solution with Microsoft 365 Copilot. Legal Current is sharing their reactions to the announcement and this week’s media briefing, where Thomson Reuters Chief Product Officer David Wong highlighted the efforts. …
- May 25, 2023
- Carrie Brooker
Thomson Reuters Builds on Legacy of Innovation with Continued AI Investment
Thomson Reuters has a long history as a leader in leveraging AI and machine learning, with a legacy of innovation that began more than 150 years ago. The company’s early innovations have been foundational in driving ongoing technology advancements, using increasingly sophisticated AI and machine-learning capabilities to improve search and expand analytics through product advances. To …
- May 23, 2023
- Carrie Brooker
Thomson Reuters and TPG to Establish Elite as an Independent Legal Tech Company
Today Thomson Reuters and TPG announced that they have signed a definitive agreement for TPG to acquire a majority stake in Elite from Thomson Reuters. The investment will bring resources and focus to the legal financial and practice management business, enabling law firms to digitally transform and thrive. Legal Current is sharing details about the …
- April 4, 2023
- Carrie Brooker
2023 State of the Courts Report: How Thomson Reuters Case Center Is Reducing Delays and Backlogs
U.S. courts were forced to modernize during the pandemic, but the 2023 State of the Courts Report found that continued investment in digitalization is needed to prevent that progress from eroding. The Thomson Reuters report revealed how the U.S. court system is plagued by delays, backlogs, and workforce shortages – underscoring how further modernization is urgently …
- March 7, 2023
- Carrie Brooker