CoCounsel by Thomson Reuters
CoCounsel by Casetext is an AI-powered legal assistant that can handle various critical tasks at “superhuman speed,” giving you more time to better serve your clients and grow your business.
Made for law firms of all sizes, the tool can do document review, legal research memos, deposition preparation, and contract analysis in minutes — all with results you can trust.
CoCounsel’s creator, Casetext, has been making a difference for solo and small practices, Am Law 100 firms, and in-house legal departments. Today, its solution has been used by more than 10,000 law firms, which just got the power to up their game with the help of AI. And the product is also available for anyone else.
In that sense, CoCounsel can fast-track legal research and deposition prep, offering complete answers with supporting sources in seconds based on the issue and relevant information such as jurisdiction. It can also identify critical documents in contract databases and key information in discovery and automate contract revisions by identifying relevant clauses, conflicts, and risks.
And that’s just the start, with the technology only getting better and more accurate with time. The question for today’s lawyers is – are they ready to transform their practices? Or be left behind.
Video Overview ▶️
What are the key features? ⭐
- Review documents: Ask a question about your documents, and CoCounsel will read them in full and answer - with citations to sources. Quickly find everything from critical testimony in voluminous transcripts to key terms in dense contracts.
- Prepare for a deposition: Get a thorough deposition outline in no time. Describe the deponent and what's at issue in the case, and CoCounsel identifies multiple highly relevant topics to address and drafts questions for each.
- Search a database: CoCounsel can search through your documents, read the relevant ones, and provide relevant answers. Find only what you need, like the right template or precedent, previous work product, or internal know-how.
- Legal research memo: Ask a research question with as much detail as you like, and CoCounsel will retrieve on-point resources and provide an answer with explanations and supporting sources.
- Summarize: Interpret and condense critical information in any type of document, including dense agreements, complex contracts, and lengthy opinions - faster than humanly possible and without missing key details.
- Extract contract data: Similarly, CoCounsel can get you answers and a complete list of relevant clauses from every contract in a set based on your questions - making it easier to track deal terms, dollar amounts, and dates accurately.
- Contract policy compliance: The tool can capture every single clause in a set of contracts that doesn't comply with a policy or set of policies, report the risks of using non-compliant language, and recommend revisions.
Who is it for? 🤔
Examples of what you can use it for 💭
- Review all kinds of legal documents with ease
- Extract key information from contracts, memos, and other paperwork
- Summarize and condense critical information in dense agreements, complex contracts, and lengthy opinions
- Get a helping hand as you prepare for a deposition
- Chat with legal documents to quickly get relevant information
Pros & Cons ⚖️
- Makes lawyers 10x more efficient
- Tedious tasks are no longer the problem - they are automated
- Makes deposition preparation much easier
- What will happen to the junior staff?
