Thomson Reuters Corporation: Company Research Report
Company Overview
Name, mission of the company
- Name: Thomson Reuters Corporation
- Mission: To empower professionals with trusted content and workflow automation to know now and navigate what’s next.
Foundation and Founders
- Founded: 1851
- Founder: Paul Julius Reuter
Key People in the Company
- Executive Committee:
- Paul Bascobert
- Carol Fox
- Matthew Keen
- Drew Lipshutz
- Jonathan Mullen
- Mahesh Ramachandran
- Luke Seal
- Alessandra Galloni
- Alphonse Hardel
- Katharine Larsen
- Josh London
- Oke Okaro
- Simon Robinson
- Editorial Leadership Team:
- Alessandra Galloni
- Jane Barrett
- Alix Freedman
- Nick Tattersall
- Julien Toyer
- Mike Williams
- Simon Robinson
- Mark Bendeich
- Jonathan Leff
- Peter Thal Larsen
- Jo Webster
- Tiffany Wu
Headquarters
- Location: Toronto, Ontario, Canada
Number of Employees
No information is available.
Revenue of the Company
No information is available.
Company Reputation
- Known For: Trusted expertise, powerful technology, advanced AI, and industry-leading insights to help professionals know today and navigate tomorrow.
Products
What Products They Offer
1. Westlaw Classic
2. CLEAR
3. UltraTax CS
4. Practical Law
5. Drafting Assistant
6. Legal Tracker Advanced
7. CoCounsel Drafting
8. Case Center
9. Document Intelligence
10. HighQ
High-Level Description of Products
- Westlaw Classic: An online legal research tool with up-to-date content and essential tools.
- CLEAR: An investigation tool for preventing fraud, detecting risk, and investigating crime.
- UltraTax CS: Professional tax software for handling federal, state, and local tax programs.
- Practical Law: A resource providing how-to guidance, templates, and more combined with generative AI capabilities.
- Drafting Assistant: A tool to draft faster, locate authority, check citations, and ensure accuracy.
- Legal Tracker Advanced: Legal spend management software for corporate legal departments.
- CoCounsel Drafting: A generative AI-driven legal drafting tool.
- Case Center: A digital evidence management solution.
- Document Intelligence: AI-powered contract and document analysis tool.
- HighQ: Legal business management and operations software.
Key Features of Each of the Products
- Westlaw Classic: Up-to-date legal content, vast collections of caselaw, statutes, and regulations, vetted by expert attorney-editors.
- CLEAR: Integration of key content to connect facts and provide intelligent analytics, access to public records.
- UltraTax CS: Form accuracy with calculations for various tax returns, adaptability for different client opportunities.
- Practical Law: Expertly created how-to guidance, templates, and generative AI tools.
- Drafting Assistant: Integrated drafting, review and analysis tools, model documents, and automated templates.
- Legal Tracker Advanced: AI-driven insights for spend management, actionable resources, data-driven budgeting.
- CoCounsel Drafting: AI-enabled drafting tools for enhanced productivity, integrated with leading legal content.
- Case Center: Secure, centralized cloud-based platform for managing digital case files and evidence.
- Document Intelligence: Immediate insights into contracts through AI, search across large data sets.
- HighQ: Business management software to automate tasks, collaborate, and engage clients.
Recent Developments
What are the Recent Developments in the Company
1. Acquisition of Safe Sign Technologies
- Date: August 21, 2024
- Details: Thomson Reuters acquired Safe Sign Technologies, a UK-based startup developing legal-specific large language models (LLMs).
What are the New Products Launched
1. CoCounsel 2.0
- Date: August 12, 2024
- Details: A professional-grade GenAI assistant combining the power of Google Cloud AI, OpenAI, and Thomson Reuters.
New Features Added to Existing Products
No information is available.
Any New Partnerships
1. AI Policy Consortium
- Date: August 7, 2024
- Details: Partnership with the National Center for State Courts to inform and educate on AI and generative AI opportunities and challenges.
This report thus encapsulates detailed information on Thomson Reuters Corporation based on the available data. For areas where information is lacking, they have been duly noted.
