In the latest move in Thomson Reuters’ continued expansion of CoCounsel, the generative artificial intelligence-powered legal assistant it added to its arsenal via the acquisition of legal research startup Casetext last summer, the company has now set its sights on legal drafting.
A recent Thomson Reuters survey found that lawyers spend 40% to 60% of their time each day drafting, typically in Microsoft Word, and that 96% of those surveyed were unhappy with their current drafting tools. Against that backdrop, Rawia Ashraf, vice president of product, legal technology at Thomson Reuters, recently unveiled the company’s latest tool, CoCounsel Drafting. “Almost 100% of lawyers are frustrated by something they spend 50% of their careers doing,” she said, “and so that’s the problem that we’re solving here.”
