NEW Thomson Reuters survey data reveals that only a quarter of organizations have a visible AI strategy. Time savings from AI could see a $32 billion opportunity on the table for the legal and tax industries in the U.S. alone.
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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.
READ MORE >> 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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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.
READ MORE >> 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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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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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.
READ MORE >> 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.
READ MORE >> 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.
READ MORE >> 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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