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A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
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Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
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The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
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Tax, audit & accounting
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CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
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CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
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CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
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Highlights
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2026 SKILLS showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
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Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
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Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Add Custom Method window
Show all expandable content
Enter a name for the custom method, choose a period convention, and select Continue. The Annual Rates window then opens automatically, allowing you to enter depreciation percentages for up to 40 years.
To open this window, select the Add button in the Setup, then Custom Methods window.
Fields and buttons
Method name
Enter the name of the new custom method.
note
Enter a descriptive name when the method is not time based and when assets using this method will be marked as section 168(f)(1) assets. The method name is printed on the subschedule for property subject to 168(f)(1) election on Form 4562.
Period convention
Choose one of the following options.
- Monthly:Based on number of months held during year of transaction; full month or no month for month of transaction.
- Half Year:Give one-half year's depreciation in year of transaction.
- Full year / No year:Full year or no year, depending on when during the year the transaction occurs.
- Full year at acquisition / global disposal treatment:Full year at acquisition, or monthly if using an UltraTax CS client or a global disposal treatment for a Fixed Assets CS client.