CoCounsel represents a significant leap forward in the application of generative AI within the legal profession. Developed by Thomson Reuters, this innovative tool is designed to assist legal professionals by automating routine tasks, thereby allowing them to focus more on serving their clients and growing their practices. CoCounsel is trained by industry experts and backed by authoritative content, ensuring that it meets the high standards required for professional use.
One of the key features of CoCounsel is its ability to fast-track deposition preparation. By providing information about the deponent and the case, CoCounsel can generate pointed questions and topics, significantly reducing the time and effort required for this critical task. Additionally, during document review, CoCounsel excels at identifying critical documents in contract databases and key information in discovery, enhancing both precision and recall while lowering costs.
Contract revision is another area where CoCounsel shines. By uploading contracts and the policies they should comply with, users can rely on CoCounsel to identify relevant clauses, conflicts, and risks, and then recommend revisions. This capability not only saves time but also helps ensure that contracts are in compliance with relevant policies and regulations.
CoCounsel is trusted by thousands of law firms, ranging from solo and small practices to Am Law 100 firms and in-house legal departments. Its ability to take on an endless number of delegated tasks and deliver results in minutes has been praised by legal professionals, including Greg Siskind, an Immigration Attorney and Founder of Siskind Susser PC, who likened it to having an associate lawyer ready to assist at any moment.
The Thomson Reuters CoCounsel experience is designed to be professional-grade, ubiquitous, and transformative. It is securely built on the world’s leading content and expertise, making it the only GenAI assistant appropriate for professional work. CoCounsel is integrated within both Thomson Reuters and key third-party products, ensuring that it is always at the side of legal professionals, wherever they are working.
In summary, CoCounsel is not just a tool but a partner for legal professionals, offering a new way to work that is both efficient and reliable. Its capabilities in automating routine tasks and evolving the value of legal departments make it an indispensable asset for any legal practice looking to leverage the power of generative AI.
