Thomson Reuters signs new customer Magone and Company for Checkpoint Edge with CoCounsel

TORONTO, December 17, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced that it has signed Magone and Company as a new customer of Checkpoint Edge with CoCounsel. This collaboration will see Magone and Company reduce research time, improve the quality and consistency of client communications, and enhance staff engagement. 

Nick Magone, Managing Partner at Magone and Company, cited improved efficiency and staff engagement as key factors in their decision to adopt Checkpoint Edge with CoCounsel. “The integration of AI into our tax research process has significantly improved our productivity and the quality of our client correspondence,” he said. “We’re seeing better engagement from our staff, especially younger professionals who had been using ChatGPT.”

Magone and Company praised the ease of implementation, noting that staff quickly adopted CoCounsel after a simple email introduction. He also emphasized the value of CoCounsel’s summaries and citations, which help streamline the research process and improve the overall quality of work.

“We're thrilled to have Magone and Company join our growing list of Checkpoint Edge with CoCounsel customers,” said Brian Wilson, general manager of Tax at Thomson Reuters. “Their experience demonstrates how our AI-assisted research tools can transform tax practices, improving efficiency and empowering professionals to deliver higher value services to their clients.”

Checkpoint Edge with CoCounsel launched with general availability in the United States in July 2024, bringing customers an AI-assisted Research skill for Federal Tax to help tax professionals get trusted answers to complex tax research questions. Since its debut, the solution has been expanded to include State Tax coverage. It’s also been enhanced with AI conversational features, and copy, print and export capabilities. Additionally, new topic pages offer users a one-stop shop for various federal and state tax topics, with content curated by Thomson Reuters expert editors.

Thomson Reuters

Thomson Reuters (TSX/NYSE: 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.

Contact 
Kirsty Bennett
Director, Customer and Product PR
kirsty.bennett@thomsonreuters.com