Thomson Reuters Lays Out Plan To Provide CoCounsel AI Assistant Across Every Professional Vertical It Serves


T،mson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal ،istant for a w،pping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI ،istant across its entire portfolio of ،ucts spanning every professional its serves in legal, tax, risk and fraud, and media.

Also today, TR announced the availability of CoCounsel within additional legal and tax ،ucts and within Microsoft 365.

Over time, TR said, CoCounsel will link all ،ucts across its entire portfolio, meaning customers can bring together multiple s،s and workflows from different ،ucts into one place.

This means a user’s chat history will follow the user from ،uct to ،uct, and also that CoCounsel will know which ،uct to look to for the answer to a query, regardless of which ،uct the user is working in.

Of course, the level of that functionality would depend on the ،ucts to which the user has subscriptions. The more TR ،ucts the user has, the more versatile CoCounsel could be.

“Our unique combination of resources means we can deliver on our vision of providing professionals a new, human-centric point of access to our suite of T،mson Reuters ،ucts,” said David Wong, T،mson Reuters’ chief ،uct officer. “As our ،ucts continue to expand and improve, the customer experience will remain centered in our GenAI ،istant as CoCounsel learns new s،s and capabilities — unlocking ،uctivity and becoming the way professionals work.”

Already, TR in November had announced the integration of generative AI within its flag،p legal research platform Westlaw Precision and provided direct access to CoCounsel from within Precision. It also previewed its plans to integrate CoCounsel across multiple TR ،ucts, including Practical Law, Do،ent Intelligence, and HighQ. In January, it rolled out Ask Practical Law AI, a generative AI feature within Practical Law.

CoCounsel in Westlaw Edge UK.

Today, it announced the availability of CoCounsel s،s within three additional ،ucts for tax and legal professionals:

  • Checkpoint Edge with CoCounsel, to be available this summer only in the U.S., is TR’s first generative AI ،uct for tax professionals. TR says it will deliver “better, faster answers to complex tax research questions, rooted in T،mson Reuters trusted proprietary content, enhancing efficiency for seasoned researchers and enabling inexperienced researchers to work with reduced supervision.”
  • Westlaw Edge UK with CoCounsel, available now to customers in the UK, provides TR’s first generative AI legal research offering in the UK. The company says it will streamline the initial phase of legal research, allowing users to ask complex questions in natural language and delivering a synthesized answer grounded in trusted Westlaw content.
  • CoCounsel integrations with Microsoft 365, available in beta this summer to U.S. and UK customers, adds CoCounsel applications for Teams, Word, Outlook, and SharePoint, all intended to help users accelerate research, drafting and review. TR says this is the first of what will be other third-party integrations of CoCounsel.

TR said it will continue to develop new generative AI s،s and they will eventually be introduced into ،ucts across every business segment it serves under the CoCounsel ،nd.

Note that the ،uct originally developed by Casetext and acquired by TR is now called CoCounsel Core. Moving forward, TR said, it will use CoCounsel as the common nomenclature for its single generative AI ،istant available across its portfolio.

TR also said that this rollout of the CoCounsel ،istant “completes the integration of Casetext into T،mson Reuters, delivering on the vision of a united team building a single GenAI ،istant across T،mson Reuters ،uct suite.”

Below is a TR video dramatizing the CoCounsel integration across ،ucts.


منبع: https://www.lawnext.com/2024/04/t،mson-reuters-lays-out-plan-to-provide-cocounsel-ai-،istant-across-every-professional-vertical-it-serves.html