Contract Express Archives - 成人VR视频 Institute https://blogs.thomsonreuters.com/en-us/innovation-topics/contract-express/ 成人VR视频 Institute is a blog from 成人VR视频, the intelligence, technology and human expertise you need to find trusted answers. Wed, 16 Oct 2024 19:22:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Deeper Integration of CoCounsel 2.0 in Westlaw and Practical Law Plus New Westlaw Features: What Customers Are Saying /en-us/posts/innovation/deeper-integration-of-cocounsel-2-0-in-westlaw-and-practical-law-plus-new-westlaw-features-what-customers-are-saying/ Wed, 16 Oct 2024 14:24:04 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=63516 Deeper integration of CoCounsel into Westlaw and Practical Law 鈥 plus two new features in Westlaw 鈥 are building on the company鈥檚 vision to deliver a comprehensive GenAI assistant for every professional it serves.

Customers will experience a more seamless workflow within CoCounsel 2.0, the professional-grade GenAI assistant, across legal research products, including CoCounsel Core. The deeper integrations, available in late October, will further a user-centric experience throughout the 成人VR视频 legal solutions portfolio and improve ease of use.

The deeper integrations will improve ease of use in two ways:

  • The full CoCounsel AI assistant will be available in the user interface of Westlaw and Practical Law, enabling users to be able to use CoCounsel Core skills seamlessly.
  • Users will soon be able to create an on-page analysis of Westlaw and Practical Law content with CoCounsel.

In addition, two new GenAI research features 鈥 Mischaracterization Identification and AI Jurisdictional Surveys 鈥 will help customers save substantial time and deliver greater confidence that legal research is accurate, thorough, and complete.

Mischaracterization Identification and AI Jurisdictional Surveys

Mischaracterization Identification is a new generative AI capability to help detect mischaracterizations and omissions in legal briefs. Customers can upload a brief to Westlaw Precision with CoCounsel and see where opposing counsel has mischaracterized the law, and judges using this feature will be able to see where all litigants may have mischaracterized the law in their filings.

鈥淚 often find that opposing counsel has miscited or overstated case authority, and when that happens, we can use it to great advantage with the court.鈥疶his tool would save tons of time in finding those opportunities,鈥 said Scott Matney, general counsel, FPS Inc.

鈥淭his enhancement [Mischaracterization Identification] is one of the most innovative legal tools available,鈥 said Susan Verbonitz, partner, Weir Greenblatt Pierce. 鈥淚t not only reduces time spent on the rinse-and-repeat task associated with human research, but it also identifies potential weaknesses in opponent鈥檚 arguments.鈥

AI Jurisdictional Surveys on Westlaw Precision with CoCounsel is a generative AI skill that enables customers to do 50-state-survey research much faster than with traditional methods, saving hours of time. It provides relevant statute language for legal questions for each jurisdiction selected for federal and state jurisdictions and U.S. territories.

鈥淭ime is valuable and there is never enough of it,鈥 Verbonitz said. 鈥淎I Jurisdictional Surveys and the new mischaracterizations enhancement expand our research capabilities while also saving us time and reducing cost.鈥

Read the press release for more on the deeper integrations with CoCounsel and new Westlaw features as well as upcoming product enhancements, including CoCounsel Drafting UK, and more generative AI in Practical Law and Contract Express.

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Contract Express: Generative AI makes document automation significantly faster /en-us/posts/innovation/contract-express-generative-ai-makes-document-automation-significantly-faster/ Thu, 03 Oct 2024 11:14:51 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=63302 has long been a market leader in creating complex suites of documents. Yet our customers sometimes found it difficult to use Contract Express for simple documents.

To address customers鈥 pain points, my team has spent the last year improving useability for both complex and simple contracts by using the power of generative AI. Now that Contract Express customers are using our innovative solution, I wanted to share how it鈥檚 helping legal professionals better support their clients.

Document automation challenges

For context, lawyers routinely draft similar types of contracts, so they create templates that can be easily updated with customer-specific data like names and addresses. Document automation is about making it quicker and easier for legal professionals to create and update these templates for every case.

Yet a frustration with document automation is that it鈥檚 time-consuming to manually create and customize contract templates. It requires a human author to enter code or syntax into a document, line-by-line.听The manual process leaves room for error, and errors can lead to compliance risk.

How generative AI is revolutionizing document automation

This is where generative AI is changing the game. We鈥檝e found that generative AI makes document automation听significantlyfaster!

With the power of generative AI, Contract Express can now work much faster than human authors to generate documents. It eliminates the need to manually enter code; generative AI does the work, dramatically simplifying the authoring process. We estimate that a three-page contract takes about 30 to 60 minutes to complete manually, but Contract Express can automate that contract in about two minutes.

Customers who participated in our beta program were pleased with the time-savings our automation delivered. A senior developer at a large UK law firm told us that document automation takes 鈥渢he drudgery out of that first-stage creation.鈥

A director at a UK-based legal automation consultancy said Contract Express 鈥渨as noticeably different in terms of the sophistication in听the suggested fields,鈥 compared to other document automation offerings, and would save time, 鈥渆specially where you have听a听document where there听are听a lot of obvious questions.”

My team and I are incredibly proud of this innovation, and I鈥檓 grateful to my colleagues for working so hard to make this happen for our customers.

Generative AI-powered document automation is available to Contract Express Cloud and HighQ customers.听CoCounsel Drafting听customers who also subscribe to Contract Express can access this functionality within CoCounsel Drafting in the United States; in the UK, CoCounsel Drafting will be available in Q4. Practical Law customers should have access by the end of 2024.

This is a guest post from Mark Cullen, senior director, Product Management, 成人VR视频.

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