CoCounsel - Transform your workflow with powerful AI tools

Enhance your practice with advanced AI technology

How It Works

Thomson Reuters CoCounsel operates through advanced generative AI technology that leverages extensive legal and accounting databases. The system is built on a foundation of machine learning models trained by over 1,000 experts in the field. CoCounsel integrates seamlessly with existing platforms, allowing professionals to delegate routine tasks effectively. Its core capabilities include document drafting, legal research, and data analysis, all designed to enhance workflow and productivity. CoCounsel processes user queries while ensuring data privacy and security, employing encryption and strict access controls. This approach enables legal and accounting professionals to focus on strategic decision-making rather than time-consuming tasks. As a comprehensive solution, CoCounsel delivers authoritative insights and guidance drawn from over 150 years of legal expertise, making it an indispensable tool for modern professionals in the industry.

Usage

To use CoCounsel, simply sign up for an account on the Thomson Reuters website. Once registered, you can access the platform from anywhere using your login credentials. Start by exploring the dashboard to familiarize yourself with the features available. Utilize the AI-driven tools for drafting documents, conducting research, and managing your legal tasks effectively. The user-friendly interface allows you to navigate easily, ensuring you can maximize productivity from the start. Reach out to customer support for any questions or assistance you may need during your experience with CoCounsel.

Legal Document Drafting

Use CoCounsel to draft contracts and legal agreements efficiently, utilizing AI-driven templates and guidance.

Legal Research

Conduct comprehensive legal research with CoCounsel, gaining quick access to relevant case law and statutes.

Tax Preparation and Auditing

Streamline tax preparation processes and audits by leveraging CoCounsel's AI capabilities.

Corporate Compliance Audits

Use CoCounsel to ensure compliance during corporate audits, identifying potential issues early in the process.

Client Consultation Preparation

Prepare for client consultations by using CoCounsel to gather relevant legal information and documentation.

Case Strategy Development

Develop case strategies using insights and analytics provided by CoCounsel's generative AI.

Features

• Generative AI Assistance: Utilizes advanced generative AI to automate drafting and research tasks, improving efficiency and productivity.
• Seamless Integration: Integrates with platforms like Westlaw, Practical Law, and Microsoft 365 for a unified user experience.
• Data Privacy and Security: Ensures customer data is never used to train AI models, with robust encryption and security protocols in place.
• Comprehensive Research Tools: Offers rapid access to authoritative legal content and insights, streamlining the research process.
• User-Friendly Interface: Designed for ease of use, enabling professionals to quickly adapt and utilize the platform effectively.
• Scalable Solutions: Caters to various professional needs, from small firms to large legal departments, enhancing overall productivity.

CoCounsel Core (Monthly): $199 per user

• Access to AI-driven research tools
• Seamless integration with legal databases
• Enhanced drafting capabilities
• Regular updates with latest legal insights

CoCounsel Drafting (Monthly): $149 per user

• Automated document drafting
• Templates and guidance for legal documents
• User-friendly interface
• Quickly generate legal summaries

FAQ

1. What is CoCounsel and how does it benefit legal professionals?

CoCounsel is a generative AI assistant designed to enhance productivity for legal professionals by automating tasks like drafting and research, allowing them to focus on more complex legal work.

2. How does CoCounsel ensure data privacy?

CoCounsel does not use customer data to train AI models. All data is encrypted and processed securely, ensuring user privacy and protection.

3. Can I integrate CoCounsel with other tools?

Yes, CoCounsel integrates seamlessly with platforms like Westlaw and Microsoft 365, enhancing productivity across various tasks.

4. What types of tasks can CoCounsel automate?

CoCounsel can automate tasks such as drafting legal documents, conducting research, and summarizing information, significantly speeding up workflow.

5. Is there a trial available for CoCounsel?

Yes, Thomson Reuters offers a trial period for users to experience CoCounsel's features before committing to a subscription.

6. How does CoCounsel compare to traditional legal research methods?

CoCounsel utilizes generative AI to provide faster and more accurate legal research results compared to traditional methods, allowing professionals to save time and improve efficiency.

7. Who can benefit from using CoCounsel?

CoCounsel is designed for legal professionals, tax auditors, accountants, and anyone looking to streamline their workflows using AI technology.

8. What security measures are in place for CoCounsel?

CoCounsel employs industry-standard security measures, including regular vulnerability scans and annual third-party penetration testing to protect user data.