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).

Legal departments see higher matter volumes but flat or declining budgets: Thomson Reuters 2023 legal department operations index

Thomson Reuters, a global content and technology company, released the 2023 Legal Department Operations Index noting multiple challenges legal departments face, including growing workloads, shrinking budgets, and a need to increase their use of technology.

Thomson Reuters future of professionals report predicts AI will have a transformational impact on professional work by 2028

Thomson Reuters, a global content and technology company, today released its Future of Professionals Report. The survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work.

Thomson Reuters completes acquisition of Casetext

Thomson Reuters Corporation announced today that it has closed on its previously announced acquisition of Casetext, Inc., a provider of technology for legal professionals, for a purchase price of $650 million in cash.  

Thomson Reuters corporation signs definitive agreement to acquire Casetext

Thomson Reuters Corporation, a global content and technology company, today announced it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for $650 million cash.

Thomson Reuters announces integration with Microsoft 365 Copilot amid suite of gen AI updates

Thomson Reuters announced today (23 May) that its products will be integrated with Microsoft 365 Copilot, becoming one of the first in the legal industry to do so.

Thomson Reuters brings forward vision to redefine the future of professionals with content-driven AI technology

Thomson Reuters, a global content and technology company, today brings forward its vision to redefine the future of professionals through generative artificial intelligence (AI). At a time of rapid global innovation, Thomson Reuters is at the forefront, helping its customers unlock the potential to automate workflows, provide powerful insights, and drive efficiencies with content-driven AI technology.