Legal Tracker Archives - 成人VR视频 Institute https://blogs.thomsonreuters.com/en-us/innovation-topics/legal-tracker/ 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. Mon, 06 Oct 2025 13:53:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 CoCounsel Monthly Insider: Sharpening Your Competitive Edge /en-us/posts/innovation/cocounsel-monthly-insider-sharpening-your-competitive-edge/ Wed, 17 Sep 2025 20:22:59 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=67579 Driven by our commitment to our customers, each month, 成人VR视频 is delivering enhancements to CoCounsel Legal and additional solutions, making them more intuitive, customizable, and effortless to use. In this September edition, we spotlight the latest updates, featuring major upgrades and subtle refinements, designed to boost efficiency and support the delivery of exceptional, high-quality work.

Redesigned drafting capabilities unify CoCounsel tools, content, expertise, and workflows

Informed by customer feedback, we’ve reimagined the legal drafting experience 鈥 making it more intuitive, intelligent, and seamlessly integrated. The drafting capabilities in CoCounsel fuse users鈥 institutional knowledge with trusted 成人VR视频 content and AI-powered technology to expedite the legal drafting process. The redesigned homepage puts everything users need right at their fingertips 鈥 CoCounsel Chat, skills, and powerful litigation and document analysis tools 鈥 all in one clean, intuitive space. Eliminating the need to jump between tabs or hunt for resources, it鈥檚 now an even smoother, faster experience that lets users stay focused, work smarter, and get more done with less friction.

Drafting homepage

 

Live Draft brings the ability to summarize and modify a document using natural language in Word. Live Draft also delivers contextual awareness of the document and understanding of the content and structure, so every suggestion and edit is tailored to the content. This helps to further reduce time spent producing a final draft, by delivering more accurate, relevant suggested changes.

Live Draft

 

Append Authorities enables users to combine all cited documents into a single file suitable for court use, reducing the risk of errors and increasing efficiency. Every cited document is linked for verification purposes, and a hyperlinked table of contents is included.

Append Authorities

 

Region settings customizes CoCounsel tools for global legal professionals

The new region settings capability enables users to select their geographic preference from U.S., UK, Australia or Canada. Based on the selected region, region settings will automatically adjust tools and prompts in the CoCounsel Library making the work product more relevant. Users can now automatically tailor their documents using specific regional requirements, including for the UK and Australia, British English spelling variations, legal terminology, grammar, and content formats. Similarly, this will be coming soon for Canadian English. Additionally, CoCounsel Library is now available in the UK, Canada and Australia.

HighQ integrates CoCounsel AI for intuitive, conversational client data access

With听CoCounsel鈥檚 Search a Database skill embedded within HighQ, this customer-driven development allows clients the ability to pose queries regarding their data and receive summarized, highly relevant answers. Sourced from pre-approved content within their site, clients can quickly review summaries, generate reports, and make informed decisions without waiting for manual responses.

Legal Tracker adds AI-powered capabilities

Legal Tracker鈥檚 new AI features help users manage legal spend more efficiently. The AI-powered PDF-to-LEDES converter and invoice review speed up invoice evaluation and ensure accurate billing. An AI assistant also streamlines reporting and reduces manual data handling.

Legal Tracker

 

These transformative features reinforce our commitment to empowering legal professionals with the tools and solutions they need to excel. or to see firsthand how they elevate work to new heights.

To stay abreast of newly added features, monthly releases, and more, please sign up for the .

]]>
Legal Tracker Continues Delivering Benefits 鈥 and Results 鈥 to Legal Departments Worldwide /en-us/posts/innovation/legal-tracker-continues-delivering-benefits-and-results-to-legal-departments-worldwide/ Thu, 07 Nov 2024 13:13:48 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=63768 Controlling spend remains a top priority for legal departments. To manage costs effectively, enforcing billing guidelines is widely regarded as a best practice, helping to reduce invoice fees and expenses. Additionally, more than half of legal departments have adopted other cost-control measures, including reviewing high-cost matters, implementing standard discounts to timekeeper rates, negotiating lower rates, and setting clear law firm matter budgets.

In addition to these cost-control strategies, many legal departments rely on from 成人VR视频, the market-leading legal spend management solution. Legal Tracker has an extensive market presence, with $250B in legal spend analytics, allowing clients to benchmark their performance against peers. Its global directory consists of more than 120,000 legal vendors, including all Am Law 200 firms and Global 100 firms.

And it delivers results. Legal Tracker enables law firms to streamline operations and reduce annual legal spend by up to 15%. A Forrester Total Economic Impact Study reported a 372% return on investment over three years with a payback period of just six months.1

According to Alex Dobson, director, Product Management from 成人VR视频, 鈥淟egal Tracker is designed to enhance efficiency, and our clients typically see the system pay for itself within just six months, thanks to significant time savings and process improvements.鈥澨

But Legal Tracker isn鈥檛 stopping there to enhance legal department efficiency. 成人VR视频 is committed to innovation by investing $100M annually in AI over the coming years. For Legal Tracker, this includes AI-powered invoice audits and streamlined matter intake. Customers can also expect enhanced ROI through AI-enabled detection of duplicate charges and overbilling, as well as the automatic conversion of non-LEDES invoices to LEDES format.

The Legal Tracker team isn鈥檛 relying solely on AI, however. A new partnership with LegalBillReview.com adds a human touch to the innovation and savings that Legal Tracker delivers. LegalBillReview.com is a team of U.S.-licensed attorneys dedicated to identifying and correcting billing errors and overcharges on outside counsel invoices.

The team collects bills directly from Legal Tracker on behalf of the client, performs a detailed analysis, and presents the findings to the law firm. They manage appeals, apply invoice-level adjustments where necessary, and finalize bill approvals within Legal Tracker, after invoice audits have already run on invoices.

鈥淥ur purpose is to save in-house personnel resources, freeing staff to focus on high-value work for the business,鈥 said Ryan Loro, president, LegalBillReview.com. 鈥淥n average, we help customers save 12% on their legal expenses.鈥

鈥淭he partnership is a great fit,鈥 added Dobson. 鈥淥ur customers want additional support for manual bill review and approval, and having a human set of eyes to ensure compliance and resolve billing issues creates a smooth, transparent billing process.鈥澨

听1 Forrester Total Economic Impact Study, 2023听

]]>