Two of the new AI-driven capabilities were developed by leveraging the expertise derived from the聽成人VR视频 Generative AI Platform聽and insights from Practical Law experts 鈥� powered by 成人VR视频 content and capabilities. Ask Practical Law AI on Practical Law is a generative AI-powered intuitive chat experience that dramatically improves how customers access trusted expertise and content 鈥� all in a single skill. Practical Law Clause Finder, built using AI models trained by Practical Law editors, is integrated with Microsoft Word and designed to dramatically streamline and improve efficiency in drafting contracts. Clause Finder allows customers to find contract language created by Practical Law experts, previously filed contracts with the SEC, and a customer鈥檚 own internal documents.

In addition, 成人VR视频 delivers a key milestone by making its generative AI skills available to international customers with CoCounsel Core in Canada and Australia. Following the acquisition of Casetext, 成人VR视频 is delivering on its strategy to make this key product available to customers in additional countries with access to the full suite of skills that are used to complete everyday legal tasks. The power of a combined team and resources has made the internationalization of the product a reality, with a more robust product drawing on both companies鈥� strengths.

鈥淟ast year, we began the introduction of new and exciting generative AI skills to the market. This will be the year that customers begin to realize tremendous improvements in productivity and work product quality. We are moving faster, launching more innovative products to better serve our customers than ever before,鈥� said David Wong, chief product officer, 成人VR视频. 鈥淥ur entire approach to generative AI starts with our customers and how best to meet their needs, bring together our strongest assets: our leadership in AI, our trusted content, and human expertise.鈥�

These updates further strengthen the 成人VR视频 industry-leading legal solutions and include the first in a series of 2024 generative AI-powered product rollouts. Foundational to these enhancements is the 成人VR视频 Generative AI platform, an overarching innovation resource that enables the company to quickly and easily launch new solutions by leveraging reusable components and bringing together content, artificial intelligence, generative AI, and more, as the building blocks for future products.

Ask Practical Law AI on Practical Law

聽is a generative AI intuitive chat that dramatically improves how customers access trusted expertise and content from Practical Law. It quickly provides summarized and synthesized answers grounded in Practical Law know-how, while connecting customers to deeper insights 鈥� all validated by trusted Practical Law content created and maintained by a team of more than 650 lawyers.

This first phase of Ask Practical Law AI decreases the amount of time needed to sift through results and read and summarize the material 鈥� moving users from questions to work product, faster. Future enhancements will leverage generative AI to deliver more in-depth access to features and capabilities in Practical Law, including What鈥檚 Market Analytics and Quick Compare. Additionally, Ask Practical Law AI will be integrated with the intelligent drafting solution that will launch later this year.

Practical Law Clause Finder

聽enables customers to quickly find and add market and gold standard clauses from Practical Law, SEC agreements, and their own internal documents into their drafts without leaving Microsoft Word. Using AI models built and trained by Practical Law expert editors, the tool allows customers to access the best terms for their agreement and streamline their drafting without leaving the page, significantly reducing the time spent searching various platforms or locations to find and insert relevant clauses.

A foundational component to the future intelligent drafting solution that will leverage generative AI technology, Practical Law Clause Finder initially will be available in the United States with 12 agreement types before expanding to the UK and Canada.

鈥淟awyers rely on Practical Law to provide them with the right answer, quickly, along with tools and insights to improve their workflow,鈥� said Emily Colbert, senior vice president, Product Management, 成人VR视频. 鈥淥ur new generative AI tool capitalizes on the efficiency and know-how of Practical Law, quickly giving users a summarized answer. Practical Law Clause Finder takes efficiency to the next level by giving customers access to the resources they need 鈥� whether from Practical Law or their own 鈥� within the document they鈥檙e drafting, meeting them where they are working.鈥�

CoCounsel Core

CoCounsel Core, introduced in the United States聽last year, is being launched to international markets. Its legacy CoCounsel skills are being rolled out to English-speaking countries beginning with its launch to customers in Canada and Australia, further demonstrating the strategic value of the Casetext acquisition. CoCounsel Core leverages innovation to empower customers with generative AI-powered core skills, including Prepare for a Deposition, Draft Correspondence, Search a Database, Review Documents, Summarize a Document, Extract Contract Data, Contract Policy Compliance, and Timeline.

Available now to customers in the United States, this skill helps legal professionals quickly get to answers for complex research questions. This generative AI skill leverages innovation in Casetext, created by taking a 鈥渂est of鈥� approach using the 成人VR视频 Generative AI Platform.

With AI-Assisted Research and聽, attorneys are empowered with eight generative AI-powered core skills, including AI-Assisted Research on Westlaw Precision, Prepare for a Deposition, Draft Correspondence, Search a Database, Review Documents, Summarize a Document, Extract Contract Data, and Contract Policy Compliance. The company also laid out high-level product roadmaps to develop numerous additional generative AI skills to address customer-specific needs. Each additional skill will be built on a common software framework within the 成人VR视频 Generative AI Platform.

AI-Assisted Research allows customers to ask complex legal research questions in natural language and quickly receive synthesized answers, with links to supporting authority from Westlaw content and links to further examine that authority. AI-Assisted Research streamlines the initial phase of legal research with sophisticated answers to questions and the authority those answers are based on, saving hours of work. These responses are founded on more than 150 years of 成人VR视频 classification, analysis, and editorial expertise contributed by subject matter experts and attorney editors.

AI-Assisted Research employs Retrieval Augmented Generation (RAG) to prevent the large language models (LLMs) from making up things like case names and citations by focusing the LLMs on the actual language of Westlaw content. Future plans include expanding generative AI throughout the research process in Westlaw and bringing these capabilities to versions of Westlaw outside the United States.

Also, the company announced that it will be building on the AI assistant experience Casetext created with CoCounsel, the world鈥檚 first AI legal assistant. Later in 2024, 成人VR视频 will launch an AI assistant that will be the interface across 成人VR视频 products with generative AI capabilities.

The AI assistant, called CoCounsel, will be fully integrated with multiple 成人VR视频 legal products, including Westlaw Precision, Practical Law Dynamic Tool Set, Document Intelligence, and HighQ, and will continue to be available on the CoCounsel application as a destination site.

In addition, 成人VR视频 will introduce generative AI within Practical Law Dynamic Tool Set in January 2024. Customers will benefit from generative AI within Practical Law through a new interface with an AI legal assistant, which will quickly provide answers using conversational language 鈥� all validated by trusted Practical Law content created and maintained by a team of more than 650 legal experts.

Read the聽press release聽for more on AI-Assisted Research on Westlaw Precision, the new generative AI assistant connecting all 成人VR视频 generative AI products, 成人VR视频 Generative AI Platform, generative AI capabilities in Practical Law, and CoCounsel Core. For more on how 成人VR视频 is ensuring that its AI products and skills are built responsibly, check out the company鈥檚聽Data and AI Ethics Principles.

Founded in 2013, Casetext uses advanced AI and machine learning to build technology for legal professionals, creating solutions that help them work more efficiently and provide higher-quality representation to more clients. Casetext鈥檚 customers include more than 10,000 law firms and corporate legal departments. Its key products include CoCounsel, an AI legal assistant powered by GPT-4 that delivers document review, legal research memos, deposition preparation, and contract analysis in minutes.

The acquisition supports 成人VR视频 鈥渂uild, partner and buy鈥� strategy to bring generative AI solutions to its customers and the company鈥檚 efforts to redefine the future of professionals through applications of generative AI. Other recent developments include 成人VR视频 commitment to invest $100 million-plus annually to integrate AI into its flagship content and technology solutions, as well as its work with Microsoft for a new plugin with Microsoft 365 Copilot, with the two companies collaborating on a legal drafting solution that leverages Westlaw, Practical Law and Document Intelligence. In July, 成人VR视频 also launched a beta program to pilot new generative AI capabilities in Westlaw with select customers.

For more details, read the聽press release.