Thomson Reuters Previews Launch of Agentic CoCounsel AI for Legal: Empowering Advanced Workflows

Thomson Reuters has launched the next generation of its CoCounsel AI platform, shifting from conventional assistants to intelligent systems that can plan, reason, and manage complex workflows in professional settings. Initially available for tax, audit, and accounting professionals, with legal features anticipated this summer, the platform introduces agentic workflows for tasks like document drafting and compliance assessments. Davidson Wong, Thomson Reuters’ Chief Product Officer, emphasizes that this approach transcends typical AI tools by allowing systems to understand broader objectives and seamlessly integrate into professional workflows. Legal professionals will benefit from features that streamline tasks like drafting demand letters and analyzing depositions, significantly reducing task durations—up to 63% less time for certain activities. The development, bolstered by the acquisition of AI startup Materia, highlights a commitment to integrated solutions leveraging existing infrastructure while maintaining high data security. CoCounsel’s capabilities position it as a groundbreaking tool for professionals in various fields.

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