Overview
- Accelerate multistep legal and tax tasks by automating research, drafting, and document analysis within a unified AI platform
- Deliver reliable, verified answers to clients faster by leveraging AI models trained exclusively on trusted, professional-grade content
- Seamlessly transition between tasks and platforms like Westlaw and Microsoft 365 using agentic AI that understands context across your workflow
- Optimize your entire tax practice by consolidating firm knowledge, automation, and trustworthy answers into a single, seamless platform
- Protect sensitive client data with AI that does not use your information for training, ensuring complete confidentiality and compliance
Pros & Cons
Pros
- Serves multiple professions
- Workflow efficiency
- Multistep tasks acceleration
- Client service improvement
- Business development tool
- Dedicated legal suite
- Dedicated tax suite
- Compatible with Westlaw
- Practical Law compatible
- Microsoft 365 compatible
- Transitions smoothly between tasks
- Trustworthy content basis
- Doesn't use user data
- Ensures data privacy
- Distinguished platforms compatibility
- Delivers quicker insights
- Manages complex workflows
- Exclusively designed for professionals
- Optimizes tax practice
- Firm knowledge merge
- Drafting tool included
- Legal-tech tool
- Audit tool
- Accounting Tool
- Confidentiality of user data
- Incorporates Research, Drafting, Document Analysis
- Supports Task Transition
- Time Efficiency enhancement
- Checkpoint Compatible
Cons
- No user-data driven training
- Limited to legal professionals
- Not fully independent, requires supplements like Westlaw
- Data centers solely US-based
- Strictly professional grade, not for individuals
- No revealed API access
- No explicit multi-language support
- Unknown cost structure
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❓ Frequently Asked Questions
CoCounsel by Thomson Reuters, previously known as Casetext, is a Gen AI assistant designed to cater to professionals in legal, tax, audit, and accounting sectors. It offers integrated AI solutions to enhance workflow efficiency, accelerate multistep tasks, and empower professionals to better serve their clients and develop their business.
CoCounsel Legal, a part of the CoCounsel suite, is designed to amalgamate research, drafting, and document analysis. Its mission is to transform legal work by providing a unified AI solution that brings together research, drafting, and document analysis in a single experience. It leverages trusted content and advanced AI to accelerate multistep tasks, aiming to improve service to clients and business growth.
CoCounsel Tax serves the needs of professionals by optimizing tax practice. It combines trustworthy answers, automation, and firm knowledge into one seamless platform. This is aimed at enhancing efficiency, reducing risk, and improving client confidence,automating significant portion of tax-process work.
CoCounsel is compatible with several distinguished platforms such as Westlaw, Practical Law, Checkpoint and Microsoft 365. This supports a smooth transition between tasks by enabling users to switch effectively from one platform to another.
CoCounsel is built to automate a range of tasks within legal, tax, audit, and accounting realms. This includes the automation of research, drafting, and document analysis in the field of law, as well as optimizing tax practice by providing trustworthy answers, automation and consolidating firm knowledge in one platform.
No, the AI models of CoCounsel do not retain user data. The models are developed based on trusted content, and do not incorporate user data for training purposes, thereby ensuring data privacy.
CoCounsel AI stands out from other AI tools through its use of agentic and generative AI to make a smooth transition between tasks possible. It implements advanced AI technologies to deliver quicker insights and manage complex workflows, utilizing trusted content and ensuring data privacy whilst doing so.
Yes, CoCounsel is fully compatible with Microsoft 365. This compatibility allows users to seamlessly integrate their work with the Microsoft suite, facilitating streamlined workflows and easier task management.
CoCounsel supports workflow efficiency in legal or tax firms by using advanced AI to speed up the discovery of actionable insights and manage complex workflows. It allows professionals to move effortlessly between tasks with the help of its agentic and generative AI capabilities.
Yes, CoCounsel can greatly assist with document analysis. It amalgamates research, drafting, and document analysis, providing a unified solution for legal professionals, and can extract insights from a variety of document types quickly and accurately.
CoCounsel is designed for professionals in legal, tax, audit, and accounting sectors. This includes both individual professionals like lawyers, tax consultants, auditors and accountants, and organizations that operate in these sectors.
CoCounsel contributes to business development by empowering professionals to better serve their clients and develop their businesses. By enhancing efficiency and accelerating task completion, it allows professionals to focus more on strategic, high-value tasks that can directly contribute to business growth.
CoCounsel ensures data privacy by not incorporating user data for training its AI models. It also utilizes advanced encryption and industry-standard protocols to protect sensitive data during transit and storage.
Agentic and generative AI are key features of CoCounsel that allow it to understand context and nuance across products and workflows. Agentic AI makes autonomous decisions based on programmed instructions, while generative AI helps to create new content, such as responses to legal inquiries or drafting legal documents, based on the input it receives.
CoCounsel empowers professionals to better serve their clients by enhancing workflow efficiency and accelerating multistep tasks. It allows professionals to spend less time on mundane tasks and focus more on providing high-value services to their clients.
Yes, CoCounsel is compatible with both Westlaw and Practical Law. This compatibility allows for a seamless integration with these platforms, allowing users to navigate tasks smoothly and effectively.
Through the implementation of agentic and generative AI, CoCounsel facilitates smooth transitions between tasks. It is designed to understand context and nuances across multiple platforms, which allows professionals to effortlessly switch between tasks and increase their overall efficiency.
CoCounsel helps improve time efficiency in a professional setting by using AI to accelerate multistep tasks. By automating such tasks, CoCounsel enables professionals to focus their time and effort on tasks that require human judgement and expertise.
CoCounsel is a trusted content provider because its AI models are based on trusted content. It provides professionals with reliable and verified answers and ensures data privacy by not using user data to train its AI models.
CoCounsel Legal and CoCounsel Tax are two distinct tools within the CoCounsel suite. CoCounsel Legal focuses on legal practices, offering research, drafting, and document analysis in one platform. On the other hand, CoCounsel Tax is designed to optimize tax practices, merging trustworthy answers, automation and firm knowledge in one seamless experience.
CoCounsel AI stands out from other AI tools through its use of agentic and generative AI to make a smooth transition between tasks possible. It implements advanced AI technologies to deliver quicker insights and manage complex workflows, utilizing trusted content and ensuring data privacy whilst doing so.
Yes, CoCounsel is fully compatible with Microsoft 365. This compatibility allows users to seamlessly integrate their work with the Microsoft suite, facilitating streamlined workflows and easier task management.
CoCounsel supports workflow efficiency in legal or tax firms by using advanced AI to speed up the discovery of actionable insights and manage complex workflows. It allows professionals to move effortlessly between tasks with the help of its agentic and generative AI capabilities.
Yes, CoCounsel can greatly assist with document analysis. It amalgamates research, drafting, and document analysis, providing a unified solution for legal professionals, and can extract insights from a variety of document types quickly and accurately.
CoCounsel is designed for professionals in legal, tax, audit, and accounting sectors. This includes both individual professionals like lawyers, tax consultants, auditors and accountants, and organizations that operate in these sectors.
CoCounsel contributes to business development by empowering professionals to better serve their clients and develop their businesses. By enhancing efficiency and accelerating task completion, it allows professionals to focus more on strategic, high-value tasks that can directly contribute to business growth.
CoCounsel ensures data privacy by not incorporating user data for training its AI models. It also utilizes advanced encryption and industry-standard protocols to protect sensitive data during transit and storage.
Agentic and generative AI are key features of CoCounsel that allow it to understand context and nuance across products and workflows. Agentic AI makes autonomous decisions based on programmed instructions, while generative AI helps to create new content, such as responses to legal inquiries or drafting legal documents, based on the input it receives.
CoCounsel empowers professionals to better serve their clients by enhancing workflow efficiency and accelerating multistep tasks. It allows professionals to spend less time on mundane tasks and focus more on providing high-value services to their clients.
Yes, CoCounsel is compatible with both Westlaw and Practical Law. This compatibility allows for a seamless integration with these platforms, allowing users to navigate tasks smoothly and effectively.
Through the implementation of agentic and generative AI, CoCounsel facilitates smooth transitions between tasks. It is designed to understand context and nuances across multiple platforms, which allows professionals to effortlessly switch between tasks and increase their overall efficiency.
CoCounsel helps improve time efficiency in a professional setting by using AI to accelerate multistep tasks. By automating such tasks, CoCounsel enables professionals to focus their time and effort on tasks that require human judgement and expertise.
CoCounsel is a trusted content provider because its AI models are based on trusted content. It provides professionals with reliable and verified answers and ensures data privacy by not using user data to train its AI models.
CoCounsel Legal and CoCounsel Tax are two distinct tools within the CoCounsel suite. CoCounsel Legal focuses on legal practices, offering research, drafting, and document analysis in one platform. On the other hand, CoCounsel Tax is designed to optimize tax practices, merging trustworthy answers, automation and firm knowledge in one seamless experience.
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