Solutions
Law firms
Tax, audit & accounting firms
Success stories
-
A true competitive advantage
Law firm Zarwin 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.
-
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.
-
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.
Questions? We are here to help.
Products
Legal
Trade & supply
Tax, audit & accounting
- 1040SCAN
- Audit Intelligence Analyze
- CoCounsel Audit
- CoCounsel Tax
- Ready to Advise
- Ready to Review
- View all
Corporate tax
Recommended products
-
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.
-
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.
-
CLEAR Investigate
Intelligently surface critical connections and insights in actionable format through AI-driven research workflows seamlessly integrated with the trusted and transparent CLEAR platform. Accelerate investigations and empower your team to make strategic decisions with confidence.
Questions? We are here to help.
Purchase
Buy solutions
Resources
Insights
Events
Product training
Product communities
Developers
Highlights
-
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.
-
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.
-
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.
Workflow: Customize a Practical Law agreement
Category: Draft
The
Customize a Practical Law Agreement
workflow lets you find and customize Practical Law Standard Documents relevant to your specific transaction needs, with an expanding collection of agreement types over time.Features and benefits
- Simply tell CoCounsel what type of agreement you need and provide additional details.
- CoCounsel will identify the most relevant exemplar in Practical Law and tailor it to your needs.
Practice tips
- Select the workflow in the CoCounsel Library, or tell CoCounsel chat: "I need to customize an agreement."
- Use the dropdown to select aPractical Law Standard Document. Options include:
- Separation and Release of Claims Agreement (Long-Form)
- Confidentiality Agreement: General (Mutual)
- Independent Contractor/Consultant Agreement (Pro-Client)
- Amendment Agreement
- Termination Agreement
- Optional: Add any potentially helpful details to the instructions field. Using plain language will yield the best results.Examples:
- "Update this agreement to include a Defend Trade Secrets Act clause."
- "Include a broad proprietary rights provision granting the Company all rights and ownership to the deliverables."
- "Delete any provisions that deal with sole liabilities for breaches of warranties."
- Upload your own term or fact sheet.
- A term sheet, also known as a letter of intent or memorandum of understanding, is a document that sets out certain terms of a transaction agreed in principle between parties and is typically negotiated and signed at the beginning of a transaction. Term sheets are generally not legally binding but do contain certain legally binding provisions (for example, confidentiality or exclusivity).
- SelectSubmit.
- CoCounsel will retrieve the relevant agreement template from Practical Law, incorporate the terms from your term or fact sheet, and generate a redlined version of the Practical Law Standard Document, showing where changes have been made based on your custom information.
- SelectShow all changesor select a linked footnote to open a panel showing a summary of all changes with linked citations to the underlying Practical Law document.
- Download your customized agreement as a Word document with or without the summary of changes marked up in redline with changes identified in comments.
Limitations to keep in mind
- It can take CoCounsel a few minutes to generate outputs.
- The workflow requires a Practical Law subscription in addition to a CoCounsel subscription but is available to subscribed users in the CoCounsel user interface.
This article applies to:
- Product: CoCounsel
- Audiences: Legal professionals
Related Content
-
CoCounsel Skills, Prompts, and Workflows
Format:
Article