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Thomson Reuters

Global content and technology company and the dominant AI player in legal technology. CoCounsel (1 million users across 107 countries) provides agentic AI for document drafting, deposition analysis, and compliance. Westlaw Advantage features Deep Research with multi-step agentic legal research. $7.7B annual revenue. Acquired Casetext for $650M (2023) and absorbed it into CoCounsel (Casetext shut down April 2025).

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📋About Thomson Reuters

Updated June 15, 2026

Thomson Reuters is a global information services company providing news, data, and technology to legal, tax, accounting, and compliance professionals worldwide. With annual revenues exceeding $7 billion and a market capitalization of over $70 billion, the company serves as the primary information infrastructure for the legal and financial professions.

Thomson Reuters has invested heavily in AI across its product portfolio. Westlaw AI and CoCounsel provide AI-powered legal research, document analysis, and drafting capabilities for lawyers. The company's tax and accounting products use AI for automated compliance, audit support, and regulatory change analysis. Thomson Reuters has partnered with Microsoft to bring AI capabilities to its professional products and has acquired AI companies to accelerate its AI roadmap.

Thomson Reuters' enormous corpus of legal cases, tax codes, regulatory filings, and news content gives its AI products a unique data advantage — the AI can reference authoritative, curated professional content rather than general web data. This combination of domain expertise, proprietary data, and established distribution in law firms, accounting practices, and corporate legal departments makes Thomson Reuters the leading AI provider for professional knowledge work.

🛠️Products & Tools (2)

CoCounselEnterpriseLegal AI

Agentic AI legal assistant that plans, reasons, and executes multi-step legal workflows including document drafting, deposition analysis, compliance assessments, and legal research. 1 million users across 107 countries.

The latest AI-powered version of Westlaw featuring Deep Research — agentic AI that creates multi-step research plans, executes iteratively, and produces comprehensive reports with arguments for and against. The definitive legal research platform.