Overview
CoCounsel, previously known as Casetext, is a Gen AI assistant developed by Thomson Reuters. It is designed to cater to professionals in legal, tax, audit, and accounting sectors, providing an integrated AI solution for their multifaceted needs.Mainly utilized to enhance the efficiency of workflow and accelerate multistep tasks, CoCounsel is aimed at empowering professionals to better serve their clients and develop their business.Its suite includes CoCounsel Legal and CoCounsel Tax. The former amalgamates research, drafting, and document analysis, while the latter optimizes tax practice by merging trustworthy answers, automation and firm knowledge in one platform.Compatible with distinguished platforms such as Westlaw, Practical Law, Checkpoint and Microsoft 365, CoCounsel supports smooth transition between tasks by engaging agentic and generative AI.The AI models developed are based on trusted content and do not incorporate user data for training purposes, ensuring data privacy. CoCounsel strives to provide innovative solutions to professionals by leveraging advanced AI to deliver quicker insights and manage complex workflows.
Pros and Cons
Pros
- Serves multiple professions
- Workflow efficiency
- Multistep tasks acceleration
- Client service improvement
- Business development tool
- Dedicated legal suite
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
Categories
- Primary: Work
- Secondary: Business
- Specialty: Legal