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Laurel and Thomson Reuters Partnership

Laurel, an innovative work intelligence platform, has teamed up with Thomson Reuters, a leading global technology company, to tackle a significant challenge in the legal industry: accurately measuring the business impact of AI-powered tools. As law firms increasingly adopt AI solutions, they are presented with the critical task of proving their value effectively.
This partnership aims to fill that gap, offering law firms a seamless integration of Laurel’s AI-native work intelligence and Thomson Reuters' robust legal solutions. With this collaboration, law firms can now access cutting-edge tools that not only enhance productivity but also provide a clearer picture of the ROI on their AI investments.

Streamlining Legal Operations

Laurel specializes in tracking attorney work activity in real-time through its innovative platform. This technology captures the nuances of legal work, from email communications and document reviews to time spent on client calls. By doing so, it creates a comprehensive record that is converted into easily navigable timesheets, giving lawyers the ability to review their billable hours with unprecedented accuracy. Reports indicate that firms leveraging Laurel’s platform can recover approximately 30 minutes of additional billable time for each attorney daily, translating to a potential revenue increase of 4-11%.

Bridging Measurement Gaps

One of the primary obstacles faced by law firms is the inability to demonstrate the empirical benefits generated by AI utilization. While legal professionals can monitor AI engagement levels, understanding its overall operational and financial influence has remained elusive. Through this partnership, Laurel and Thomson Reuters provide law firms with insights into the full lifecycle of AI-powered legal workflows. This clarity enables firms to analyze efficiency enhancements, matter performance, and overall profitability.

Value Across the Organization

The collaboration is designed to create value at multiple levels within law firms. For attorneys, it offers a holistic view of efforts across various tasks, including research, communication, and collaboration. From a management perspective, partners can pinpoint issues such as scope creep and profitability risks while operations and finance teams gain insights into real-time matter economics. This crucial feedback allows decision-makers, such as managing partners and CFOs, to evaluate AI investments based on concrete outcomes rather than mere utilization metrics.

A Vision for the Future

As the legal industry evolves, so too must the frameworks for assessing technology investments. The integration of Laurel's work intelligence with Thomson Reuters' Fiduciary-Grade AI represents a significant shift toward transparency and accountability in legal operations. With AI now deeply embedded in daily workflows, understanding its actual impact on legal outcomes has become essential.

In a statement, Ryan Alshak, CEO and Co-Founder of Laurel, expressed the necessity for harmonization in legal operations, saying, "Law firms have been running AI investments and business operations as two separate systems that were never designed to communicate with each other. That ends today."

His sentiment is shared by Kourosh Zamani, Co-Founder and Head of Partnerships at Laurel, who emphasized, "Together, we're bringing the practice and business of law closer together, providing firm leaders with a clearer picture of the ROI of AI."

Camillo Speroni, Head of Partnerships at Thomson Reuters, underscored the importance of their joint efforts, stating, "Together, we're helping firms better understand, demonstrate, and maximize that value."

Through this partnership, Laurel and Thomson Reuters are empowering law firms to not only adopt AI but also understand its influence on overall firm performance, ultimately enabling a more effective approach to leveraging technology in law.

For more information about Laurel and its offerings, visit laurel.ai.