Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.
Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.
“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent…
As other legal technology companies have rushed to release products using generative AI, one of the largest, Thomson Reuters, has been unusually silent. It broke that silence slightly two weeks ago, when it announced plans to invest some $100 million a year in AI, including incorporating generative AI across its flagship products in the second…
It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global…
Practical Law The Journal, long a quarterly magazine published in print by the Practical Law division of Thomson Reuters, has moved online as of today, where it will now be published monthly as part of Reuters legal news.
At its new web location within the website of Reuters, the news and media division of…
Since starting my LawNext podcast in 2018, I have had the great fortune of sitting down almost every week for conversations with the “innovators and entrepreneurs who are driving what’s next in law.” While I enjoy each and every conversation, the numbers of listens reveal something about which topics and guests you, the listeners,…
What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller law firms have a bullish outlook on their future prospects — and with good reason.
So says the 2022 State of U.S. Small Law Firms survey conducted by…
Just four years after launching Westlaw Edge as its next-generation legal research platform, Thomson Reuters today unveiled the next-next generation. It is called Westlaw Precision and, as the name suggests, its focus is on delivering research results that are more precise than ever before, and delivering them with greater speed than ever before.…
In the world of legal technology, perhaps no company looms larger than Thomson Reuters, whose products such as Westlaw, Practical Law, HighQ, Findlaw, 3E and many others span virtually every aspect of law practice and are used by legal professionals throughout the world.
Our guest this week, Kriti Sharma, is chief product officer, legal…
Last year, in the continuing federal court litigation between now-shuttered legal research startup ROSS Intelligence and long-established legal research giant Thomson Reuters, ROSS upped the ante when it filed a counterclaim asserting that TR is violating federal antitrust law by maintaining monopolistic and anticompetitive control over the legal research market.
Today, in a…
Over the past two years, Reuters, the news and media division of Thomson Reuters, has been beefing up its coverage of legal news, bringing on the former editor-in-chief of Law.com to lead legal news, hiring several well-known legal-industry commentators as columnists, and increasing its hiring of legal news editors and reporters.
One result of this…
The plot thickens in the ongoing copyright lawsuit by Thomson Reuters against ROSS Intelligence, as lawyers for TR have now subpoenaed documents from two companies not previously mentioned in the case, Fastcase, the legal research and publishing company, and Morae Global Corporation, a company that provides legal and compliance solutions to legal departments and…
Thomson Reuters’ legal know-how product Practical Law gets a dynamic set of new features today with the release of the Practical Law Dynamic Tool Set, a collection of five distinct tools that allow users to search and interactive with the product’s static content in more dynamic ways.
The Practical Law product provides a way…
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