The generative AI-driven solution enables UK legal professionals to find the best starting point from their own databases or Practical Law templates, use content from Practical Law alongside their legal department鈥檚 or firm鈥檚 contract repository to draft or revise clauses, leverage Practical Law contract playbooks, and correct common drafting errors. It uses AI to refine and review documents, producing more accurate, higher-quality work 鈥� without leaving Microsoft Word.

I recently shared a CoCounsel Drafting demo with 鈥檚 Richard Tromans.

鈥淭he offering has been especially shaped for legal needs here and will directly engage with TR鈥檚 contract data in Practical Law,鈥� Tromans said in .

I highlighted CoCounsel Drafting capabilities and features for Tromans, and we discussed how 鈥淟LM-supported drafting could be truly transformative.鈥� We talked about how users will be able to use the large language model (LLM) to modify a clause, for example, and how CoCounsel Drafting uses generative AI grounded in retrieval augmented generation (RAG) to access聽Practical Law content and notes.

We also discussed how CoCounsel Drafting delivers a level of detail similar to what a junior associate may produce when asked to draft a contract. I noted that CoCounsel Drafting allows customers to use their own playbook to draft a preferred set of terms for any contract type or use a Practical Law playbook for a range of popular contract types.

Finally, Tromans and I discussed integrations 鈥� with HighQ and with document management systems (DMS) including iManage 鈥� as well as security.

On the other side of the pond, U.S. customer feedback on CoCounsel Drafting, which we introduced earlier this year, has been overwhelmingly positive. I hope that UK legal professionals are equally pleased with the time savings and productivity increases CoCounsel Drafting offers.

As a former lawyer turned AI product leader, I’ve lived the pain of tedious legal tasks firsthand. That’s why I’m passionate about harnessing generative AI to transform legal drafting. I know how much time and energy gets wasted on repetitive tasks, taking away from the work that really matters. Now, I’m excited to help lawyers reclaim that time and focus on what they love 鈥� whether that’s helping clients, developing strategy, or simply enjoying a better work-life balance.

You can learn more about CoCounsel Drafting , and check out Tromans鈥� blog .

This is a guest post from Rawia Ashraf, vice president of Product Management, 成人VR视频.

CoCounsel 2.0 draws on its robust set of specialized skills to handle complex, multi-step work, helping professionals quickly pinpoint key knowledge in vast databases, thoroughly communicate sophisticated information, and complete essential work with unprecedented speed.聽CoCounsel 2.0 generates answers three times faster than the current version, operates more intuitively, and delivers more thorough, nuanced results.

It also tests combining the unique capabilities and strengths from OpenAI, Google, and 成人VR视频, such as its industry-leading content and legal technology.聽 CoCounsel 2.0 will also bring additional and upgraded capabilities for legal professionals.

The just-launched Claims Explorer in Westlaw Precision with CoCounsel simplifies claims research by enabling legal professionals to enter facts and identify applicable claims or counterclaims. , the end-to-end GenAI-enabled solution from 成人VR视频, accelerates drafting by as much as 50%.

鈥湷扇薞R视频 is here for one reason: to ensure our customers reliably and safely realize the greatest possible value from this generational technology鈥攁s quickly as possible,鈥� said David Wong, chief product officer, 成人VR视频. 鈥淐oCounsel 2.0 is founded upon our ability to combine our data, expertise, and trusted content with cutting-edge technology. Partnering with leading LLM providers is a key part of our strategy and will help us deliver even more for our customers, enabling them to accomplish what they need to evolve their businesses more quickly and more effectively than ever.鈥�

Wong will discuss CoCounsel 2.0 with Jake Heller, head of Product for CoCounsel, 成人VR视频, and Kriti Sharma, chief product officer of Legaltech, 成人VR视频, in their ILTACON session, 鈥淢aximizing Impact and ROI: Harnessing the Full Potential of GenAI in the Legal Profession.鈥�

鈥淐oCounsel 2.0 is more powerful than the first generation of CoCounsel and accessible from within 成人VR视频 products 鈥� beginning with Westlaw Precision and Practical Law 鈥� plus from within Microsoft 365, beginning with Word, Teams, and Outlook. It’s exactly what our legal customers are looking for,鈥� Sharma said. 鈥淒ebuting CoCounsel 2.0 at ILTACON is the perfect fit, as it鈥檚 all about realizing successful legal strategies for transforming the legal industry. I’m thrilled for the opportunity to share our powerful CoCounsel 2.0 vision and discuss how legal professionals can embrace professional-grade GenAI to streamline their workflows and boost productivity while maximizing ROI.鈥�

鈥淲e鈥檝e always been on the leading edge of emerging technology and it鈥檚 incredibly fulfilling to experience our vision 鈥� of providing every professional we serve with a GenAI assistant 鈥� becoming reality for our customers,鈥� Heller said. 鈥淲e鈥檙e seeing a growing maturity in the adoption of AI, and legal professionals are ready for the practical application and optimization of GenAI. CoCounsel 2.0 enables them to use GenAI to its fullest potential to drive efficiencies and productivity gains 鈥� working with the tools they already use every day.鈥�

For more on CoCounsel 2.0, read the press release. Check out more Innovation Blog posts for product news, leader insights, and customer perspectives on how 成人VR视频 is paving the way for the future of professionals.

With CoCounsel Drafting, users can easily and quickly move through the phases of contract creation. The solution allows them to find the best starting point from their own databases or Practical Law templates, use content from Practical Law alongside their legal department鈥檚 or firm鈥檚 contract repository to draft or revise clauses, automate deviation analysis using Practical Law contract playbooks, and correct common drafting errors. This solution uses AI to refine and review documents, producing more accurate, higher-quality work 鈥� without leaving Microsoft Word.

鈥淢any of our attorneys 鈥� at various stages in their careers 鈥� are already using CoCounsel Drafting. Its seamless Microsoft Word integration means they can begin using it with little training and begin realizing ROI almost immediately,鈥� said Joshua R. Driskell, managing partner at Lagerlof LLP. 鈥淏ased on our team鈥檚 experiences, I know using this tool will save an attorney at least one to two hours overall on a project. And the integration of Practical Law with CoCounsel Drafting, both working from within Microsoft Word, allows for a streamlined workflow with fewer distractions.鈥�

鈥淭here is substantial time savings when using聽CoCounsel Drafting,鈥� said J.J. Ball, legal counsel for Systemiq. 鈥淲hen we are operating on an average turnaround time of three to four business days for a response, we can cut that down to one to two business days by utilizing the tool to get drafting work done.鈥�

鈥淟awyers can often spend a significant amount of their time drafting legal documents and reviewing contracts, and based on feedback in our beta testing, CoCounsel Drafting substantially reduces the amount of time spent drafting,鈥� said Jake Heller, head of Product, CoCounsel, 成人VR视频. 鈥淲ith CoCounsel鈥檚 new drafting capabilities, customers get the benefit of simpler, more efficient processes that increase productivity, streamline drafting, and save huge amounts of time, all without compromising quality. Bringing CoCounsel鈥檚 technology to drafting will tackle problems no other solution can.鈥�

CoCounsel Drafting is the most recent milestone in the 成人VR视频 vision to provide every professional it serves with a generative AI assistant. For more information on CoCounsel Drafting, read the press release or visit .

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.