{"schemaVersion":1,"profileUrl":"https://nowen.ai/agents/legal-thomsonreuters-com","markdownUrl":"https://nowen.ai/agents/legal-thomsonreuters-com.md","jsonUrl":"https://nowen.ai/agents/legal-thomsonreuters-com.json","name":"Thomson Reuters","website":"https://legal.thomsonreuters.com","industry":"Legal Technology","status":{"trust":"unclaimed","text":"Unclaimed: compiled by Nowen from public sources, not reviewed by the company"},"updatedAt":"2026-09-06T23:36:49.418Z","summary":"A leading provider of legal and business information and technology solutions.","description":"Thomson Reuters provides legal, tax, and risk management content and technology solutions to professionals, enabling research, drafting, guidance, due diligence, and collaboration through AI-assisted analysis and integrated workflows.","mission":"To empower professionals with trusted content, AI-enabled tools, and integrated workflows that improve decision-making, efficiency, and collaboration.","directory":{"industryName":"Legal Technology","agentCount":30,"indexable":true,"hubUrl":"https://nowen.ai/industry/legal-technology"},"aiReaderFamilies":["Amazon"],"boonFrontDoor":{"url":"https://boon.ai/agents/legal-thomsonreuters-com","label":"Apply to Thomson Reuters' partner program through Boon","sub":"Your AI agent writes the proposal: who you are, the fit, and a first step."},"products":[{"name":"CoCounsel Legal","type":"Product","url":"https://www.thomsonreuters.com/en/products/cocounsel-legal","summary":"Simplify legal work with AI that integrates research, analysis, and drafting seamlessly.","description":"CoCounsel Legal is an AI-powered platform that unites research, analysis, and drafting in one seamless experience, grounded in trusted Westlaw and Practical Law content.","pricing":{},"features":[{"name":"AI-assisted Analysis","value":"Enhances Legal Analysis","valueDescription":"CoCounsel Legal employs advanced AI to enhance legal analysis, streamlining the workflow for legal professionals."},{"name":"Content-backed AI Knowledge Base","value":"Utilizes Trusted Sources","valueDescription":"The platform's AI is grounded in extensive databases, ensuring accurate and reliable legal information for decision-making."},{"name":"Integrated Research and Drafting","value":"Streamlines Legal Processes","valueDescription":"This feature allows users to conduct research, perform analysis, and draft documents within a cohesive system, improving efficiency."},{"name":"Case Studies for Real-World Impact","value":"Showcases Proven Results","valueDescription":"Case studies illustrate how firms have benefitted significantly from using CoCounsel, making it a compelling choice for legal professionals."}]},{"name":"CoCounsel Audit","type":"Product","url":"https://www.thomsonreuters.com/en/products/cocounsel-audit","summary":"Standardizes audit workflows with AI for improved accuracy and efficiency.","description":"CoCounsel Audit standardizes audit 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accuracy in tax processes with AI-driven research and deliverable management.","description":"CoCounsel Tax accelerates tax research and client deliverables using AI that centralizes trusted sources and firm data.","pricing":{},"features":[{"name":"Client Deliverables Acceleration","value":"Accelerate Client Deliverables","valueDescription":"Utilize AI to produce client deliverables faster by integrating and centralizing relevant data and sources."},{"name":"Tax Research Acceleration","value":"Speed Up Tax Research","valueDescription":"Enhance the efficiency of tax research processes by leveraging AI to access and process trusted information rapidly."},{"name":"Actionable Tax Strategies","value":"Craft Actionable Strategies","valueDescription":"Transform raw client data into practical tax strategies using AI-driven insights and tools."},{"name":"1040 Return Preparation Automation","value":"Automate 1040 Preparations","valueDescription":"Significantly reduce time and errors in tax return processes by automating the preparation of 1040 forms."}]},{"name":"Practical Law","type":"Product","url":"https://www.thomsonreuters.com/en/products/practical-law","summary":"Deliver confident legal work with AI powered by expert knowledge.","description":"Practical Law provides AI-powered legal guidance built on more than 650 attorney-edited guides, templates, and checklists.","pricing":{},"features":[{"name":"Guides Library","value":"Provides Comprehensive Legal Guidance","valueDescription":"Access a vast collection of attorney-created material that ensures accuracy and relevance, facilitating informed legal decision-making."},{"name":"Templates and Checklists","value":"Streamlines Legal Drafting Processes","valueDescription":"Utilize pre-built templates and checklists to enhance efficiency in creating legal documents and ensuring compliance."},{"name":"Real-Time Updates","value":"Stay Informed On Legal Changes","valueDescription":"Receive timely notifications about crucial changes in law, helping professionals remain compliant and well-informed."},{"name":"Integrated AI Assistance","value":"Enhances Research and Analysis","valueDescription":"Utilize AI-driven insights to streamline research, enabling faster access to relevant legal information."}]},{"name":"HighQ","type":"Platform","url":"https://www.thomsonreuters.com/en/products/highq","summary":"Accelerate legal delivery through secure collaboration and AI-powered client engagement.","description":"HighQ is a secure collaboration platform that accelerates legal delivery through automated workflows and AI-powered client engagement.","pricing":{},"features":[{"name":"Automated Workflows","value":"Streamlines Matter Delivery","valueDescription":"Utilize automated processes to ensure timely and efficient handling of legal tasks and documents."},{"name":"AI-Powered Client Engagement","value":"Enhances Client Communication","valueDescription":"Leverage AI to boost response times and personalize client interactions effectively."},{"name":"Secure Collaboration","value":"Facilitates Secure Teamwork","valueDescription":"Ensure confidentiality and security while collaborating on sensitive legal documents."},{"name":"Client Engagement Analytics","value":"Measures Engagement Effectiveness","valueDescription":"Analyze client interactions to optimize service delivery and improve client outcomes."}]},{"name":"Legal Tracker","type":"Product","url":"https://www.thomsonreuters.com/en/products/legal-tracker","summary":"Enhance legal efficiency and minimize costs through AI-driven matter management.","description":"Legal Tracker is an AI-powered matter management solution that maximizes legal efficiency while reducing annual spend.","pricing":{},"features":[{"name":"AI-powered Matter Management","value":"Maximize Legal Efficiency","valueDescription":"Leverage intelligent automation to streamline processes and improve case handling efficiency."},{"name":"Spend Optimization","value":"Reduce Legal Costs","valueDescription":"Implement smart cost management practices that help in minimizing unnecessary legal expenses."},{"name":"Integration with Existing Workflows","value":"Enhance Workflow","valueDescription":"Facilitates smoother transitions and usage across multiple legal operations and systems."},{"name":"Reporting and Analytics","value":"Enable Data-Driven Decisions","valueDescription":"Utilize actionable insights for better management and optimization of legal resources."}]},{"name":"Westlaw Edge","type":"Product","url":"https://www.thomsonreuters.com/en/products/westlaw-edge","summary":"Enhance legal research efficiency with AI-powered insights.","description":"Westlaw Edge provides AI-powered legal research with precise, verified answers and strategic insights. The advanced technology reduces research time and enhances the accuracy of legal findings, ensuring timely access to critical information.","pricing":{},"features":[{"name":"Precise, Verified Answers","value":"Get Verified Answers Quickly","valueDescription":"Our AI tools enhance the accuracy of your results, allowing for swift and confident legal research."},{"name":"Strategic Insights","value":"Gain Strategic Insights","valueDescription":"Receive actionable insights that guide legal strategies and improve case outcomes."},{"name":"Time-Saving Technology","value":"Save Time on Research","valueDescription":"Streamlining research workflows means more time for case preparation and client engagement."},{"name":"User-Friendly Interface","value":"Navigate Easily","valueDescription":"Designed for ease of use, ensuring that all users can find critical information without extensive training."},{"name":"Integrated Workflow","value":"Experience Seamless Integration","valueDescription":"Work across platforms to leverage all legal tools for better efficiency and collaboration."}]},{"name":"Westlaw Advantage","type":"Product","url":"https://www.thomsonreuters.com/en/products/westlaw-advantage","summary":"Accelerate legal research and strategic decision-making with integrated AI and trusted content.","description":"Westlaw Advantage moves from research to strategy faster with agentic AI and comprehensive, verified Westlaw content.","pricing":{},"features":[{"name":"Agentic AI","value":"Enhances Workflow Efficiency","valueDescription":"Streamline legal processes by integrating research directly into case strategy development."},{"name":"Verified Westlaw Content","value":"Provides Trusted Resources","valueDescription":"Access reliable legal information tailored to jurisdiction-specific needs for informed decision-making."},{"name":"Real-Time Research Outputs","value":"Optimizes Legal Research Timing","valueDescription":"Immediate access to current legal precedents and citations helps attorneys make strategic decisions faster."},{"name":"Integration with Supio","value":"Connect Case Insights with Legal Research","valueDescription":"Facilitates seamless transitions from fact analysis to validated legal arguments during case preparation."}]},{"name":"Ready to Advise","type":"Product","url":"https://www.thomsonreuters.com/en/products/ready-to-advise","summary":"Transform client data into tax strategies for optimal outcomes.","description":"Ready to Advise turns client data into actionable tax strategies with AI that identifies opportunities and guides implementation.","pricing":{},"features":[{"name":"AI-guided Tax Strategy","value":"Identify Opportunities","valueDescription":"Utilize AI to analyze client data and pinpoint potential tax strategies that can enhance compliance and profitability."},{"name":"Actionable Insights","value":"Transform Data into Actions","valueDescription":"Leverage advanced analytics to derive clear and implementable tax strategies from client data."},{"name":"Implementation Guidance","value":"Guide Implementation","valueDescription":"Offers step-by-step assistance to ensure effective execution of tax recommendations."}]},{"name":"Ready to Review","type":"Product","url":"https://www.thomsonreuters.com/en/products/ready-to-review","summary":"Automate 1040 preparation and scale tax capacity efficiently.","description":"Ready to Review scales tax capacity with AI that automates 1040 return preparation and eliminates manual data-entry tasks.","pricing":{},"features":[{"name":"1040 Return Automation","value":"Automates 1040 Preparation","valueDescription":"Ready to Review significantly reduces the time and effort required for 1040 tax return preparation, allowing professionals to focus on higher-value tasks."},{"name":"Scalable Tax Capacity","value":"Scales Tax Capacity","valueDescription":"Ready to Review’s AI capabilities ensure firms can handle increased workloads without compromising quality or speed."}]},{"name":"SafeSend","type":"Product","url":"https://www.thomsonreuters.com/en/accounting-solutions/safesend-one","summary":"Automates 1040 return preparation, enhancing efficiency and reducing manual input.","description":"SafeSend scales tax capacity with AI that automates 1040 return preparation and eliminates manual data-entry tasks.","pricing":{},"features":[{"name":"1040 Return Automation","value":"Automates Tax Preparation","valueDescription":"This feature enhances efficiency by leveraging AI to handle 1040 returns, which reduces errors and saves valuable time for tax professionals."}]}],"audiences":[],"segments":[{"name":"Audit and assurance automation","description":"Tools and workflows that create audit-ready evidence, automate evidence analysis, maintain granular audit trails, and speed assurance across financial and non-financial reporting.","size":8,"cagr":20,"color":1,"productNames":["CoCounsel Audit"],"methodology":"Search results show the broader audit & assurance services market ranges widely (USD ~70B–234B). Audit automation (software/tools) is a subset of that services spend — typical software penetration of professional services suggests a single-digit percent share. Using the cited service market sizes as the TAM and factoring rapid AI-driven demand for audit automation (Fact.MR shows a nascent AI-agent audit market at USD 0.4B in 2025 with very high CAGR), I estimate the audit and assurance automation tools market at roughly USD 5–10B (midpoint USD 8B). Growth potential is materially higher than legacy audit services (3–6% reported), reflecting accelerating AI/automation adoption; I conservatively estimate ~20% CAGR.","citations":[{"url":"https://www.marketresearchfuture.com/reports/audit-and-assurance-services-market-65923","text":"2024 Market Size $ 160 Billion"},{"url":"https://datahorizzonresearch.com/audit-and-assurance-services-market-47727","text":"The global audit and assurance services market was valued at USD 70.3 billion in 2024"},{"url":"https://www.fortunebusinessinsights.com/auditing-services-market-114507","text":"The global auditing services market size was valued at USD 233.95 billion in 2025"},{"url":"https://www.factmr.com/report/ai-agent-audit-and-assurance-services-market","text":"Market Value (2025): USD 0.4 Bn; CAGR (2026-2036): 44.0%"}]},{"name":"Legal research and drafting","description":"Integrated research, analysis, and drafting capabilities that deliver precise, citation‑backed answers and templates grounded in verified legal content to speed legal strategy and document production.","size":3.5,"cagr":7.4,"color":2,"productNames":["CoCounsel Legal","Westlaw Edge","Westlaw Advantage","Practical Law"],"methodology":"Estimate derived by combining documented market figures for adjacent subsegments: legal document drafting services (~$2.5–2.61B in 2024–2025; low-single-digit CAGR) and legal research platforms (smaller current base with high growth, projected $2.0B by 2031 at ~17.2% CAGR). These two subsegments form the core of “legal research and drafting”; their weighted average growth (by estimated 2025 shares) yields a mid-single-digit to low‑teens blended CAGR (~7.4%). Broader legal technology market reports (2025 market ~ $33B) were used to confirm this segment is a small but growing subset of overall legal tech.","citations":[{"url":"https://www.industryarc.com/research/legal-research-platforms-market-research-800441","text":"\"Legal Research Platforms Market size is estimated to reach $2.00Bn by 2031, growing at a CAGR of 17.2% (2024-2031).\""},{"url":"https://www.marketresearchfuture.com/reports/legal-document-drafting-services-market-67183","text":"\"As per MRFR analysis, the Legal Document Drafting Services Market was estimated at 2.5 USD Billion in 2024.\""},{"url":"https://www.thebusinessresearchcompany.com/report/legal-technology-global-market-report","text":"\"Legal Technology market size has reached to $32.98 billion in 2025 ... grow to $51.21 billion in 2030 at a CAGR of 9.2%.\""}]},{"name":"Tax workflow automation and compliance","description":"Automation of tax preparation, filing, and advisory workflows with agents that scale capacity for complex engagements while maintaining compliance with firm and regulatory standards.","size":22.5,"cagr":12.3,"color":3,"productNames":["CoCounsel Tax","Ready to Advise","Ready to Review","SafeSend"],"methodology":"Estimate derived from recent market reports for overlapping categories (tax management, tax technology, tax compliance). Market reports cluster around USD 19–25 billion (2025) for tax management/tech; tax-automation/compliance subsegment aligns more closely with tax-technology figures, which project double-digit growth. I used a midpoint (~USD 22.5B) of the 2025 estimates and adopted a growth potential (CAGR ~12.3%) consistent with leading tax-technology forecasts.","citations":[{"url":"https://www.marketsandmarkets.com/Market-Reports/tax-management-market-230446693.html","text":"USD 24.52 billion in 2025; 2030 forecast USD 33.21 billion; CAGR 6.3% (2025-2030)."},{"url":"https://www.gminsights.com/industry-analysis/tax-technology-market","text":"The global tax technology market size was valued at USD 19.4 billion in 2025; CAGR 12.3% (2026–2034)."},{"url":"https://www.snsinsider.com/reports/tax-tech-market-8334","text":"Tax Tech Market was valued at USD 20.13 billion in 2025; expected USD 66.05 billion by 2035; CAGR 12.62%."},{"url":"https://www.linkedin.com/pulse/regulatory-compliance-automation-middle-market-tax-landman-karny-id2wc","text":"Tax compliance software market: USD 22.52 billion in 2025 to USD 67.23 billion by 2034; CAGR 12.92%."}]},{"name":"Matter management and legal operations","description":"Matter and operations capabilities for managing legal workstreams, optimizing spend, integrating with existing workflows, and enabling secure client collaboration and engagement analytics.","size":4,"cagr":12,"color":4,"productNames":["Legal Tracker","HighQ"],"methodology":"Search results show the overall legal services market is very large (US ~$305B; global ~$1,076B in 2025). Matter management and legal operations are a small software/technology subset of that market. Gartner guidance cited in vendor materials predicts legal departments will materially increase technology spend (threefold by 2025), supporting a higher-growth profile for legal operations software versus the wider legal services market. Combining the large addressable base, current modest penetration of dedicated matter-management/legal-ops software, and accelerated tech adoption, I estimate a global matter-management/legal-operations market of roughly $4B today with ~12% CAGR.","citations":[{"url":"https://www.polarismarketresearch.com/industry-analysis/legal-services-market","text":"The global legal services market was valued at USD 1,076.00billion in 2025."},{"url":"https://www.precedenceresearch.com/us-legal-services-market","text":"The U.S. legal services market size accounted for USD 304.93 billion in 2025."},{"url":"https://www.xakiatech.com/blog/xakia-2021-gartner-market-guide-for-corporate-legal-matter-management","text":"Gartner states, “by 2025, legal departments will increase their spend on technology threefold.\""}]}],"faq":[],"comparisons":[],"sources":[{"url":"https://legal.thomsonreuters.com","text":"Thomson Reuters"},{"url":"https://www.thomsonreuters.com/en/products/cocounsel-legal","text":"CoCounsel Legal"},{"url":"https://www.thomsonreuters.com/en/products/cocounsel-audit","text":"CoCounsel Audit"},{"url":"https://www.thomsonreuters.com/en/products/cocounsel-tax","text":"CoCounsel Tax"},{"url":"https://www.thomsonreuters.com/en/products/practical-law","text":"Practical Law"},{"url":"https://www.thomsonreuters.com/en/products/highq","text":"HighQ"},{"url":"https://www.thomsonreuters.com/en/products/legal-tracker","text":"Legal Tracker"},{"url":"https://www.thomsonreuters.com/en/products/westlaw-edge","text":"Westlaw Edge"},{"url":"https://www.thomsonreuters.com/en/products/westlaw-advantage","text":"Westlaw Advantage"},{"url":"https://www.thomsonreuters.com/en/products/ready-to-advise","text":"Ready to Advise"},{"url":"https://www.thomsonreuters.com/en/products/ready-to-review","text":"Ready to Review"},{"url":"https://www.thomsonreuters.com/en/accounting-solutions/safesend-one","text":"SafeSend"},{"url":"https://www.marketresearchfuture.com/reports/audit-and-assurance-services-market-65923","text":"2024 Market Size $ 160 Billion"},{"url":"https://datahorizzonresearch.com/audit-and-assurance-services-market-47727","text":"The global audit and assurance services market was valued at USD 70.3 billion in 2024"},{"url":"https://www.fortunebusinessinsights.com/auditing-services-market-114507","text":"The global auditing services market size was valued at USD 233.95 billion in 2025"},{"url":"https://www.factmr.com/report/ai-agent-audit-and-assurance-services-market","text":"Market Value (2025): USD 0.4 Bn; CAGR (2026-2036): 44.0%"},{"url":"https://www.industryarc.com/research/legal-research-platforms-market-research-800441","text":"\"Legal Research Platforms Market size is estimated to reach $2.00Bn by 2031, growing at a CAGR of 17.2% (2024-2031).\""},{"url":"https://www.marketresearchfuture.com/reports/legal-document-drafting-services-market-67183","text":"\"As per MRFR analysis, the Legal Document Drafting Services Market was estimated at 2.5 USD Billion in 2024.\""},{"url":"https://www.thebusinessresearchcompany.com/report/legal-technology-global-market-report","text":"\"Legal Technology market size has reached to $32.98 billion in 2025 ... grow to $51.21 billion in 2030 at a CAGR of 9.2%.\""},{"url":"https://www.marketsandmarkets.com/Market-Reports/tax-management-market-230446693.html","text":"USD 24.52 billion in 2025; 2030 forecast USD 33.21 billion; CAGR 6.3% (2025-2030)."},{"url":"https://www.gminsights.com/industry-analysis/tax-technology-market","text":"The global tax technology market size was valued at USD 19.4 billion in 2025; CAGR 12.3% (2026–2034)."},{"url":"https://www.snsinsider.com/reports/tax-tech-market-8334","text":"Tax Tech Market was valued at USD 20.13 billion in 2025; expected USD 66.05 billion by 2035; CAGR 12.62%."},{"url":"https://www.linkedin.com/pulse/regulatory-compliance-automation-middle-market-tax-landman-karny-id2wc","text":"Tax compliance software market: USD 22.52 billion in 2025 to USD 67.23 billion by 2034; CAGR 12.92%."},{"url":"https://www.polarismarketresearch.com/industry-analysis/legal-services-market","text":"The global legal services market was valued at USD 1,076.00billion in 2025."},{"url":"https://www.precedenceresearch.com/us-legal-services-market","text":"The U.S. legal services market size accounted for USD 304.93 billion in 2025."},{"url":"https://www.xakiatech.com/blog/xakia-2021-gartner-market-guide-for-corporate-legal-matter-management","text":"Gartner states, “by 2025, legal departments will increase their spend on technology threefold.\""}]}