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Thomson Reuters Ushers in the Next Era of AI with Launch of Agentic Intelligence

Thomson Reuters, a global content and technology company, today unveiled its next major leap forward — agentic AI systems, beginning with the launch of CoCounsel for tax, audit, and accounting professionals.

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Thomson Reuters: Law Firms Roll Out Aggressive Rate Increases as Productivity Declines

Thomson Reuters, a global content and technology company, issued a new report today that highlighted a significant rate growth employed by law firms while demand was up only 0.5% and productivity slipped 2.4%.

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Law firms saw double-digit profit growth in Q4 closing an incredible 2024: Thomson Reuters law firm financial index

Thomson Reuters, a global content and technology company, issued a new report today that showed law firms finished 2024 incredibly well. The average law firm saw profit growth in the double digits for the year and 11.5% in Q4, according to the Q4 2024 Thomson Reuters Law Firm Financial Index (LFFI), powered by Financial Insights.

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Alternative legal services providers face diverging market, new Thomson Reuters report shows

The “Alternative Legal Services Providers 2025” report finds that the market for ALSPs is shifting, as some legal departments and law firms get increasingly comfortable with these alternative methods.

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Legal Industry Poised for Continued Transformative Innovation: 2025 Report on the State of the US Legal Market from Thomson Reuters

Innovation: Law firms focused on solving the fundamental challenges surrounding technology implementation are better positioned to drive sustainable growth in the legal market Growth: Robust growth of 2024 may be dampened in 2025 due to potential weaker demand and global economic uncertainty Thomson Reuters, a global content and technology company, and the Center on Ethics […]

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Law firms registered their seventh consecutive quarter of improvement: Thomson Reuters law firm financial index

Thomson Reuters, a global content and technology company, issued a new report today showing that law firm profitability is on the rise amid an acceleration of demand and continued gains in productivity.

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Elite tranch

Thomson Reuters launches gen AI for justice legal aid programme

Thomson Reuters today (24 October) launched an AI for Justice Legal Aid program, including both a Legal Innovators Incubator and subsidised pricing for legal nonprofits.

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Thomson Reuters expands CoCounsel 2.0 integration in Westlaw and Practical Law

Thomson Reuters, a global content and technology company, is introducing deeper integration of CoCounsel into Westlaw and Practical Law as well as launching two new features. These enhancements build on the company’s vision to deliver a comprehensive GenAI assistant for every professional it serves.

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Thomson Reuters corporation acquires Safe Sign Technologies to accelerate its AI strategy

Thomson Reuters, a global content and technology company, today announced it has acquired Safe Sign Technologies, a UK-based startup that is developing legal-specific large language models (LLMs).

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Future of professionals: GenAI will transform the talent model in legal services delivery according to Thomson Reuters

Generative artificial intelligence (genAI) has been a major point of discussion in the legal sector over the past year. Our Future of Professionals Report surveyed over 1,200 individuals working internationally across key professions, including UK-based legal professionals.

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