Thomson Reuters Unveils New AI Tools to Boost Efficiency for Legal Professionals
• Thomson Reuters launched new AI tools like Ask Practical Law AI and Clause Finder to help legal professionals research and draft documents more efficiently
• The tools use generative AI to provide summarized legal information and model contract clauses
• CoCounsel, an AI-powered legal assistant, now available internationally to help with tasks like deposition prep and document summarization
• Systems built on commercially available language models, trained on legal data to provide relevant answers
• Transparency around AI limitations builds trust; systems designed to say "I don't know" rather than guess if they can't retrieve an answer