Thomson Reuters Launches Initiative to support Corporate Legal Departments to capitalize on the transformational potential of AI

TORONTO, [MAY 22, 2025] – Thomson Reuters (Nasdaq/TSX: TRI), a global content and technology company, today announced the launch of a new initiative for corporate legal departments. Designed to help customers transform and thrive in an increasingly complex and rapidly changing business environment, this initiative provides technology and advisory services that unlock efficiency, drive strategic growth, and mitigate risk, using AI.

According to the 2025 State of Corporate Law Department report, 75% of general counsels expect generative AI to have a transformational impact on their organizations, and 57% cite data volume as a driving force behind the need for change. The report also reveals that GCs plan to increase their spend on technology in the next year, with a focus on greater efficiency of work.

"AI is inevitable, and adoption will not be optional. This initiative has been tailor-made for corporate legal departments and is designed to empower customers to harness the full potential of AI. Adopting AI equips customers with a competitive edge, enabling them to spend more time transforming the services they deliver," said Laura Clayton McDonnell, President of Corporates, Thomson Reuters. "We're excited to collaborate with forward-thinking organizations to drive transformation across key areas like spend management, workflow, and contract review, and create a new benchmark for legal excellence."

The initiative provides participating companies a range of benefits, including:

• A health-check designed to uncover new ways to maximize the value of their investment in Thomson Reuters solutions
• Exclusive participation in advisory panel meetings to share valuable insights and best practices among peers
• Quarterly updates and access to executive leaders
• Early access to product beta programs and cutting-edge solutions

“Artificial intelligence is having a significant impact on the legal tech products and services a legal department needs for the next generation of in-house legal work,” says Phillip Sammern, Data Privacy Specialist and Legal IT Leader at BWT Holding GmbH. “Utilising this technology will give us a significant advantage in elevating our versatile expertise and increasing our turnaround speed.” 

To learn more about this initiative and how to participate, please visit https://legal.thomsonreuters.com/en/c/legal-transformation-with-cocounsel-transform-your-legal-department-with-a-trusted-partner 

About Thomson Reuters: 

Thomson Reuters (TSX/Nasdaq: TRI) 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: 

Lindsay Bomar
+1 817-729-5644 
Lindsay.Bomar@tr.com