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 …
Filtered by tag:
LegalTech
AI on Trial: Legal Products and Their Intended Use
The best part of my day, every day, is working with our customers. My job allows me to focus on how I can make their work easier, faster and better. I steward Practical Law and our newly launched Ask Practical Law AI tool for Thomson Reuters. Created by a team of expert in-house lawyers, Practical …
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 …
Thomson Reuters-Morgan Lewis Strategic AI Partnership: Prioritizing Legal Innovation
The Thomson Reuters partnership with global law firm Morgan Lewis to collaborate on artificial intelligence (AI)-driven legal products was named a finalist in the Law Firm Innovators category for The Legal Intelligencer’s Pennsylvania Legal Awards. Steve Assie, general manager of Global Large Law Firms for the Legal segment of Thomson Reuters, and Colleen Nihill, chief …
“Tech spending remains especially hot:” Reactions to the Thomson Reuters Q1 2024 Law Firm Financial Index
“While overhead expenses continued to cool during the first part of 2024, tech spending remains especially hot,” Andrew Maloney noted in Law.com’s coverage of the Q1 2024 Thomson Reuters Law Firm Financial Index. “Taking inflation into account, law firms are investing in technology at their most rapid pace since at least 2014, the report noted. …
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 …
Thomson Reuters Announces Expanded Vision for Delivering Generative AI Assistant
Thomson Reuters is sharing its expanded vision for CoCounsel, its generative AI (GenAI) assistant. The CoCounsel expansion will unify the customer experience and give customers a new way to access Thomson Reuters product capabilities with applications across legal, tax, risk & fraud, and media segments. CoCounsel can handle complex tasks with natural language understanding, providing …
Podcast Highlights: Emily Colbert on the Human Side of Generative AI
Emily Colbert, senior vice president of product management at Thomson Reuters, joined Dennis Kennedy and Tom Mighell on the Kennedy Mighell Report to talk about how legal professionals are using AI. They discussed the integration of generative AI into Practical Law, which Colbert emphasized required extensive human expertise. They also talked about driving efficiencies and …
Podcast Highlights: Pablo Arredondo on the Legal Profession’s “Fervor and Excitement” Around Generative AI
Pablo Arredondo, vice president of CoCounsel at Thomson Reuters and co-founder of Casetext, has been making the rounds on legal tech and AI podcasts, celebrating the one-year anniversary of CoCounsel. Legal Current shares highlights from his conversations on 3 Geeks and a Law Blog and The Cognitive Revolution. Arredondo talked with The Cognitive Revolution’s Nathan …
International Women’s Day: Kriti Sharma Calls for More Women Working in AI, LegalTech
Thomson Reuters Chief Product Officer of LegalTech Kriti Sharma is asking how the legal industry can better support women pursuing careers and opportunities around AI. In honor of International Women’s Day, Sharma discusses on LinkedIn the need for more female role models in the tech sector as AI opens up traditional career pathways and creates …
