December 3, 2024
Thomson Reuters Launches CoCounsel, the GenAI Assistant for Legal Professionals, in Japan
- CoCounsel delivers generative AI skills tailored to accelerate, streamline, and improve legal workflows.
- CoCounsel is generally available to customers in the US, UK, Australia, Canada, and now Japan.
TOKYO, December 3, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today continues the rapid execution of its AI technology strategy by announcing that CoCounsel is now available in Japan. This significant milestone further demonstrates the technology leader’s commitment to and progress toward transforming the way legal professionals work—efforts that continue to accelerate, driven by Thomson Reuters “build, buy, partner” strategy.
CoCounsel, the professional-grade legal GenAI assistant, will enable lawyers in Japan to be empowered to work more efficiently and thoroughly, to better serve more clients. It acts like a team member – handling complex tasks with natural language understanding. Completing tasks at superhuman speeds, CoCounsel provides high-quality information at the right time, maintains multiple threads of work, as well as keeping context and memory across the different tasks and products customers use each day. By augmenting professional work with GenAI skills, the genAI assistant delivers accelerated and streamlined workflows, enables professionals to produce higher-quality work more quickly, all while keeping customer data secure.
“Lawyers in Japan have been eagerly anticipating the availability of professional-grade AI that they can trust to streamline and accelerate their legal work, accurately,” said Kento Miura, president of Japan, Thomson Reuters. “We’re excited to be making these transformative capabilities a reality for our customers in Japan, with CoCounsel."
CoCounsel equips customers with eight generative AI-powered core legal skills:
- Prepare for a Deposition
- Draft Correspondence
- Search a Database
- Review Documents
- Summarize a Document
- Extract Contract Data
- Contract Policy Compliance
- Timeline
These constitute the industry’s most comprehensive set of generative AI legal skills, designed to help lawyers quickly gather deeper insights and deliver a better work product.
“Bringing CoCounsel to markets that until now haven’t had access to professional-grade AI is a tremendous accomplishment for Thomson Reuters,” said Jake Heller, head of Product, CoCounsel, Thomson Reuters. “As we empower more customers to realize the significant improvements in productivity and work product quality, we’re motivated to move even faster to bring the power of generative AI to more of the world.”
The continued international rollout of CoCounsel marks an important moment in the company’s expanded vision to provide a GenAI assistant for every professional it serves. Foundational to these efforts is the Thomson Reuters Generative AI Platform, an overarching innovation resource that enables the company to quickly and easily launch new solutions by leveraging reusable components and bringing together trusted content, artificial intelligence, generative AI, and more, as the building blocks for future products.
Thomson Reuters
Thomson Reuters (NYSE / TSX: TRI) (“TR”) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit tr.com.
Media Contact
Brooke Heywood - Corporate Affairs Manager, Asia and Emerging Markets
Brooke.heywood@thomsonreuters.com