Thomson Reuters Launches CoCounsel Core, Legal GenAI Assistant, in Canada and Australia

Thomson Reuters Launches CoCounsel Core, Authorized GenAI Assistant, in Canada and Australia

International Information

20Feb2024

Editor

Thomson Reuters, a worldwide content material and know-how firm, right this moment continues the speedy execution of its AI know-how technique by making CoCounsel Core accessible in Canada and Australia. These are the primary of the English-speaking worldwide markets the generative AI authorized assistant will probably be rolled out to, lower than three months after the launch of CoCounsel Core to Thomson Reuters prospects.

This important milestone additional demonstrates the know-how chief’s dedication to and progress towards remodeling the best way authorized professionals work—efforts that proceed to speed up, pushed by Thomson Reuters “construct, purchase, accomplice” technique.

CoCounsel Core, launched in the US final 12 months, equips right this moment’s prospects with eight generative AI-powered core authorized abilities, together with Put together for a Deposition, Draft Correspondence, Search a Database, Evaluate Paperwork, Summarize a Doc, Extract Contract Information, Contract Coverage Compliance and Timeline. Along with AI-Assisted Analysis on Westlaw Precision and Ask Sensible Legislation AI on Sensible Legislation, these represent the {industry}’s most complete set of generative AI abilities, designed to assist legal professionals shortly collect deeper insights and ship a greater work product.  

In lower than a 12 months since its launch, CoCounsel, the first-ever authorized AI assistant has been rolled out to greater than 45 massive regulation companies in the US—together with six of the Am Legislation 10—which make use of in complete greater than 50,000 legal professionals. Greater than 9,000 of these legal professionals have acquired complete, hands-on instruction, making ready them to confidently use this highly effective know-how each successfully and ethically—from a coaching workers of solely 4. Now that the Casetext and Thomson Reuters groups have joined forces, this confirmed rollout “playbook” is quickly scaling. Legal professionals in Canada and Australia will now be empowered to work extra effectively and totally, to higher serve extra purchasers. 

The product is already getting used within the proof-of-concept part by McCarthy Tétrault LLP in Canada and Maddocks in Australia. McCarthy Tétrault LLP is a nationwide regulation agency offering a broad vary of authorized companies and industry-focused recommendation and options for Canadian and worldwide pursuits. The agency has substantial presence in Canada’s main business centres in addition to in New York Metropolis and London. Maddocks is a full-service business regulation agency based in 1885. It’s one among Australia’s largest impartial regulation companies with greater than 85 companions and 580 legal professionals and help workers throughout workplaces in Sydney, Melbourne and Canberra.

“Bringing CoCounsel Core to markets that till now haven’t had entry to professional-grade AI is an incredible accomplishment as we method the one-year anniversary of CoCounsel’s debut, and simply three months after launching CoCounsel Core within the US with Thomson Reuters,” stated Jake Heller, head of Product, CoCounsel, Thomson Reuters. “As we empower extra prospects to understand large enhancements in productiveness and work product high quality, we’re motivated to maneuver even quicker to deliver the facility of generative AI to extra of the world.”

The mixed strengths of the previous Casetext workforce and Thomson Reuters has made it doable to ship a extra strong set of merchandise to extra locations extra shortly. These two worldwide launches of CoCounsel Core—the primary of many 2024 developments in Thomson Reuters mission to create generative AI options for professionals—mark an vital second within the firm’s AI management technique. And foundational to those efforts is the Thomson Reuters Generative AI Platform, an overarching innovation useful resource that permits the corporate to shortly and simply launch new options by leveraging reusable parts and bringing collectively content material, synthetic intelligence, generative AI, and extra, because the constructing blocks for future merchandise.