Trowers & Hamlins Hosts Fourth Annual Hackathon Powered by Thomson Reuters CoCounsel
Trowers & Hamlins, an international law firm, hosted a legal hackathon powered by Thomson Reuters CoCounsel. As part the of the event, more than 50 students used CoCounsel to address everyday legal issues that many lawyers face in practice.
“Despite all the excitement and progress to date, we are just scratching the surface of what large language models can do to improve the practice of law,” said Pablo Arredondo, vice president, CoCounsel, Thomson Reuters. “We worked with Trowers & Hamlins to help the next generation of lawyers explore novel use cases. The Future of Professionals report showed the vast majority of law firms believe this technology will have an impact over the next five years. We agree and look forward to helping drive that impact.”
Participants were tasked with navigating the complexities of a merger between two companies and ensuring that the new entity leverages the strengths of both companies to offer a competitive and appealing office space solution in London. They analyzed and reported on documents relating to the merger using CoCounsel to extract relevant information from the documents and draft both a report and an email to hypothetical clients summarizing the key issues. Students worked with the Trowers Innovation team and Thomson Reuters colleagues to materialize data insights from the document reviews and build these out on dashboards within the firm’s TrowersEvolve portals.
For more details about the hackathon, read the press release.
