Thomson Reuters' GenAI assistant, CoCounsel, has just debuted fresh agentic capabilities, revolutionizing the way professionals work in tax, accounting, audit, and legal fields. These new capabilities enable CoCounsel to automate tasks such as client file reviews, memo drafting, and compliance checks, significantly reducing the workload for professionals.
With its agentic intelligence, CoCounsel can perform tasks autonomously, solving multi-step problems with ease. The assistant has been taught to use various software tools, allowing it to work seamlessly with existing systems. Trained with over 4,500 in-house experts across legal, tax, and compliance domains, CoCounsel is well-equipped to handle complex tasks.
The assistant's multi-model approach supports orchestration across different models and agents for efficient workflow management. By automating time-consuming tasks, CoCounsel frees up professionals to focus on high-value work, minimizing errors and improving productivity.
Thomson Reuters has invested heavily in AI development, with over 5,000 engineers working on AI projects and a commitment to annual investments of over $100 million. The company plans to expand CoCounsel's agentic capabilities to legal professionals and introduce additional tools later this year. With its advanced AI capabilities and expert training, CoCounsel is poised to transform the way professionals work in various industries.
