#thomson-reuters

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generative-ai
Above the Law
3 weeks ago
Artificial intelligence

Generative AI In Legal Work - What's Fact And What's Fiction?

Generative AI's impact on the legal profession is being met with surprising enthusiasm, despite historical slow tech adoption in the legal sector. [ more ]
LawSites
2 months ago
Artificial intelligence

LawNext: Thomson Reuters' AI Strategy for Legal, with Mike Dahn, Head of Westlaw, and Joel Hron, Head of AI

Thomson Reuters leading in generative AI development
Integration of generative AI in legal research platforms [ more ]
ComputerWeekly.com
2 months ago
Artificial intelligence

Executive interview: David Wong, Thomson Reuters | Computer Weekly

Thomson Reuters has been using AI technology since the 1990s.
They have adopted a multicloud strategy, working with vendors like Microsoft Azure, AWS, Google, and Oracle. [ more ]
moregenerative-ai
Above the Law
1 week ago
Law

Biglaw Demand Still Flagging, But We Can Charge Clients Higher Rates So Let The Good Times Roll

Law firms are experiencing positive economic conditions as reflected in the Q1 2024 Thomson Reuters Law Firm Financial Index. [ more ]
LawSites
2 months ago
Law

As Thomson Reuters Expands Casetext CoCounsel, the AI Legal Assistant, to Canada and Australia, It Provides Details on U.S. Growth

CoCounsel, the generative AI legal assistant, expanded into new markets like Canada and Australia. Thomson Reuters acquired Casetext for $650 million and integrated CoCounsel into its core products. [ more ]
Above the Law
3 months ago
Law

The State Of Small Law Firms In An Era Of Change

Small-firm lawyers must manage both their legal practice and business side.
Changes are underway to help firms effectively manage both roles. [ more ]
Above the Law
5 months ago
Law

AI Update: Industry Moves On Data Provenance, Microsoft Joins OpenAI Board, Client AI Disclosures

A coalition of companies including American Express, Humana, IBM, Pfizer, UPS, and Walmart have launched the Data & Trust Alliance to develop standards for describing the origin, history, and legal rights to data.
Microsoft has been added as a non-voting observer to OpenAI's board, indicating its importance as an investor and a move to stabilize the organization's operations and leadership.
The disclosure of a law firm's use of AI in its workflow to clients has mixed opinions, with some legal professionals wary of disclosing specific tools used while others argue for transparency in adapting to AI technology.
Compliance of large language models with the EU's GDPR and the 'right to be forgotten' remains unclear, leaving AI companies waiting for regulatory action.
AI paired with human attorney knowledge presents unprecedented opportunities for small law firms, according to Thomson Reuters. [ more ]
Above the Law
4 weeks ago
Artificial intelligence

Is That A Professional-Grade, Legal GenAI Assistant In Your Pocket Or Are You Just Happy To See Me?

The legal sector is slow to adopt AI despite its potential benefits, but Thomson Reuters is introducing a GenAI assistant for various professional services. [ more ]
Above the Law
2 months ago
Artificial intelligence

How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work

AI can help automate routine tasks for legal professionals, enhancing decision-making and improving outcomes for clients.
Legal professionals need to complement AI with their human expertise like domain knowledge and ethical judgment. [ more ]
Business Insider
4 months ago
Artificial intelligence

Thomson Reuters is exploring an AI deal as more tech giants court news publishers

Thomson Reuters is considering licensing content to AI firms.
Other publishers, like Axel Springer, have already struck AI deals. [ more ]
Above the Law
6 months ago
Artificial intelligence

Westlaw AI Launch Forces Confrontation With The Inner Workings Of A Lawyer's Mind

Thomson Reuters has launched AI-driven features in their legal suite
AI can perform tasks such as building deposition outlines, making timelines, and flagging discovery documents [ more ]
WSJ
4 months ago
Right-wing politics

Thomson Reuters Buys Majority Stake in Pagero

Thomson Reuters acquires majority stake in Pagero Group.
Key shareholders and management team sell stock to Thomson Reuters. [ more ]
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