Just in case you just had to know
I’ve given up reading these but – it’s here for the record
SYDNEY, MARCH 13, 2025 – Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, today marks significant progress against its AI strategy, announcing the internationalisation of the next generation of CoCounsel to five new markets. Customers in Australia and New Zealand, Hong Kong, Japan, Southeast Asia, and the United Arab Emirates now have access to a professional-grade GenAI assistant, enabling firms to accelerate growth by making more informed decisions, streamlining entire workflows, and saving time.
Built on a combination of trusted content, decades of AI innovation, and over 4,500 domain experts, our professional-grade GenAI assistant is now available across flagship solutions; Westlaw Precision, Practical Law, and ONESOURCE. Meeting professionals where they work, CoCounsel helps to pinpoint key knowledge in vast databases, thoroughly communicate sophisticated information, and complete essential work with unprecedented speed.
AI early adopters have cited the importance of ongoing support throughout the AI lifecycle, from adoption to implementation and employee training. Thomson Reuters customers are supported at every stage of their AI transformation with access to experts in regionally based teams with deep knowledge of local market considerations.
“It’s predicted that GenAI is set to free up 12 hours per wee k for professionals within the next five years. To make this a reality, professionals need to trust that AI will perform to the same standards they expect from their peers,” says Vishal Bali, Managing Director of Asia and Emerging Markets at Thomson Reuters. “We are creating a connected ecosystem where customers can access the best cutting-edge technology, trusted content, and human expertise to drive real value in their businesses today and prepare for tomorrow with confidence. The significant internationalisation and integration of CoCounsel across our legal, tax and compliance product portfolio demonstrates that commitment.”
Future-proofing firms
Today, CoCounsel optimizes for and combines the strengths of leading LLMs, enabling professionals to realise the greatest value from GenAI by accelerating and streamlining entire workflows.
The latest version of CoCounsel sets the standard for how GenAI can drive real impact for legal and tax professionals. With the latest released features, it will:
- Work three times faster than the first generation of CoCounsel, generating answers in seconds, not minutes.
- Operate more intuitively, with a better understanding of the ways customers naturally communicate, and an improved ability to make sense of documents.
- Deliver more thorough, nuanced results, because it will be able to consider the full context and history of more difficult, sophisticated requests.
- Be accessible from within Thomson Reuters products, starting with Westlaw Precision and Practical Law for legal professionals, and ONESOURCE for corporate tax customers.
- Be accessible from within Microsoft 365, beginning with Word, Teams, and Outlook.
- Be able to access customer documents directly, through server-to-server integrations with data storage solutions iManage, NetDocuments, and SharePoint.
- Offer High Volume, for teams needing to automate the review of hundreds of thousands or even millions of documents, with human level accuracy. This capability was successfully deployed on an as-needed basis but will now be available to all CoCounsel users.
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