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Transforming Legal Work with CoCounsel Legal

Thomson Reuters, a leader in legal content and technology, recently launched CoCounsel Legal, a groundbreaking tool that harnesses the power of agentic AI and deep research capabilities. This new product aims to revolutionize the way legal professionals approach their work, providing them with a sophisticated yet user-friendly platform for managing their legal responsibilities.

The Power of Deep Research

One of the standout features of CoCounsel Legal is its Deep Research capability, which utilizes Thomson Reuters' extensive legal content and expert resources to deliver intelligent insights. For the first time, legal professionals can delegate full research tasks to an AI that can not only grasp complex legal inquiries but also articulate the logic behind its findings. This level of reasoning is crucial for enhancing decision-making processes in law firms and corporate legal departments.

The integration of Deep Research with Westlaw, one of the leading legal research platforms, allows CoCounsel Legal to generate comprehensive, structured reports that are backed by firm citations from reputable sources such as Westlaw and Practical Law. Users can expect to receive detailed outputs that trace the rationale behind the AI's reasoning, thereby fostering an environment of transparency and trust essential for legal practitioners.

Engineered for Execution, Not Just Ideas

Unlike conventional AI tools that merely assist alongside human efforts, CoCounsel Legal is designed to be embedded directly within legal workflows. This innovative approach ensures that the platform does not just facilitate discussions or simple tasks; instead, it actively drives outcomes in various fields such as litigation, transactional work, and compliance analysis. For legal professionals, this means they can minimize repetitive tasks and focus more on strategic aspects of their work.

Thomson Reuters’ Chief Product Officer, David Wong, remarked, “This is where AI starts to feel less like a tool and more like a teammate.” The essence of CoCounsel Legal lies in its guided workflows, which transform tedious legal tasks into more manageable, multi-step processes. With such advancements, legal work can evolve from a labor-intensive effort into a streamlined collaboration between humans and AI technologies.

Guided Workflow Capabilities

CoCounsel Legal also features a library of guided workflows that address high-friction areas in legal work. These automated task flows leverage the expertise embedded within Westlaw and Practical Law. Some notable workflows include:

• - Drafting Privacy Policies
• - Drafting Employee Policies
• - Handling Complaints
• - Creating Discovery Requests and Responses
• - Reviewing Deposition Transcripts

These functionalities not only provide legal teams with efficiency but also ensure human oversight is part of the process, maintaining compliance and ethical standards in legal practices. As highlighted by industry voices like Colleen Nihill from Morgan Lewis, the ability of AI to reason through complex queries marks a significant shift in legal technology that bolsters lawyers' confidence in AI use.

Trusted by the Legal Community

With endorsements from over 20,000 law firms and corporate legal departments, including many top firms in the Am Law 100, CoCounsel Legal is setting the stage for a new era in legal services. This product represents a critical leap towards explainable, reliable, and production-ready AI solutions tailored for the legal market.

Thomson Reuters continues to empower professionals, not just with cutting-edge technology but also with the knowledge and insights necessary to navigate the complexities of the legal landscape. As they move forward, legal practitioners can expect enhanced support that will ultimately lead to better outcomes for their clients and the justice system as a whole.

For more information about CoCounsel Legal and its capabilities, visit the Thomson Reuters website.