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Thomson Reuters Unveils Innovative AI Solutions for Legal and Tax Professionals in Australia

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Thomson Reuters launches agentic AI tools for Australian legal, tax pros

Thomson Reuters has launched two advanced AI products—Westlaw Advantage Australia and ONESOURCE+—tailored for Australian legal, tax, and compliance professionals. This marks a significant step in their AI evolution, driven by the success of CoCounsel, which has gained one million users across 107 global markets. Highlighted at the SYNERGY Sydney conference, these tools are essential for professionals facing heightened accountability in regulated industries. Westlaw Advantage Australia features a Deep Research capability that utilizes agentic AI for comprehensive legal research and insights. ONESOURCE+, an Intelligent Compliance Network, links tax, trade, legal, and risk solutions to ensure efficient compliance processes, enhancing automation and reducing preparation time significantly. Thomson Reuters emphasizes “fiduciary grade” AI that withstands scrutiny in legal environments, ensuring reliability for high-stakes tasks. Both products are set to expand further across the Asia-Pacific region, underscoring Thomson Reuters’ commitment to empowering professionals with authoritative, ethically governed AI solutions.

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