Law firms register record revenue and rate growth: Thomson Reuters law firm financial index

Thomson Reuters, a global content and technology company, issued a new report showing that law firms registered elevated revenue growth in the first quarter of 2024 and continued to heavily invest in technology.

Thomson Reuters announces expanded vision to provide GenAI assistant for every professional it serves

Thomson Reuters, a global content and technology company, today announced the expanded vision for CoCounsel, its professional-grade GenAI assistant.

Thomson Reuters CoCounsel Core, leading legal GenAI assistant, and AI-assisted research on westlaw edge rollout to UK legal professionals

Thomson Reuters, a global content and technology company, today announced the UK launch of its generative AI legal assistant, CoCounsel Core. Continuing the rapid execution of Thomson Reuters AI technology strategy, UK availability of this leading generative AI legal assistant quickly follows launches in Canada, Australia, and the United States.

Firms may need to reconsider how technology shapes productivity as law firm market returns to profitability according to Thomson Reuters

Thomson Reuters, a global content and technology company, issued a new report showing that the law firm market closed out 2023 strongly and returned to profitability, rebounding from a challenging 2022.

New Thomson Reuters leaders and AI

Thomson Reuters, a global content and technology company, is proud to announce that it’s received two distinguished awards at the 2024 Legalweek Leaders in Tech Law Awards. These awards demonstrate Thomson Reuters leadership in redefining the future of professionals through innovative applications of generative AI.

Thomson Reuters delivers key milestones in its AI technology strategy

Thomson Reuters, a global content and technology company, is advancing its AI technology strategy announcing today the launch of its second and third AI-enabled solutions in the last three months.

Significant shifts in law firm market, including generative AI, pose challenges: 2024 report on the state of the US legal market by Thomoson Reuters

Thomson Reuters, a global content and technology company, and the Center on Ethics and the Legal Profession at Georgetown Law today released the 2024 Report on the State of the US Legal Market.

Thomson Reuters launches generative AI-powered solutions to transform how legal professionals work

Thomson Reuters, a global content and technology company, today announced a series of GenAI initiatives designed to transform the legal profession. Headlining these initiatives is the debut of GenAI within the most advanced legal research platform, AI-Assisted Research on Westlaw Precision.

Law firms slow hiring to curb expenses: Thomson Reuters law firm financial index

Thomson Reuters, a global content and technology company, issued a new report indicating law firms have slowed their fall hiring of new lawyers to curb expenses as demand for legal services continues to recover.

Thomson Reuters unveils generative AI strategy designed to transform the future of professionals

Thomson Reuters, a global content and technology company, today announced updates on its multi-year global investment strategy in generative artificial intelligence (AI).