CoCounsel will unify the entire customer experience and give customers a new way to access 成人VR视频 product capabilities through a single GenAI assistant with applications across Legal, Tax, Risk & Fraud, and Media.

CoCounsel is an AI assistant that acts like a team member 鈥� handling complex tasks with natural language understanding. Completing tasks at superhuman speeds, CoCounsel provides high-quality information at the right time, maintains multiple threads of work, as well as keeping context and memory across the different tasks and products customers use each day. By augmenting professional work with GenAI skills, CoCounsel delivers accelerated and streamlined workflows, enables professionals to produce higher-quality work more quickly, all while keeping customer data secure. Watch more聽here.

Over time CoCounsel will link 成人VR视频 products across its entire portfolio, meaning customers can bring together multiple skills and workflows from different products into one place to enhance user experience and value.

鈥淭oday, 成人VR视频 published a global AI study sharing that 81% of professionals believe AI could be applied to their work; responding to customers changing needs challenges us to build and apply the very best applications of GenAI to professional work,鈥� said David Wong, 成人VR视频 Chief Product Officer. 鈥淥ur unique combination of resources means we can deliver on our vision of providing professionals a new, human-centric point of access to our suite of 成人VR视频 products. As our products continue to expand and improve, the customer experience will remain centered in our GenAI assistant as CoCounsel learns new skills and capabilities – unlocking productivity and becoming the way professionals work.鈥�

成人VR视频 uses cutting-edge generative AI technologies. For example, CoCounsel is powered by GPT-4, thanks to an early and ongoing partnership with OpenAI.

鈥淲e are excited to continue working with 成人VR视频. By powering solutions like CoCounsel, their new professional-grade AI Assistant, together we make knowledge workers more creative and productive,鈥� said Brad Lightcap, COO at OpenAI. 鈥淎I automates routine tasks and makes it possible to quickly analyze huge amounts of data 鈥� but even more importantly, it helps people come up with new ways to solve complex problems.鈥�

Delivering new CoCounsel skills for Tax and Legal professionals

CoCounsel is embedded in and delivers the power of GenAI where professionals work, whether it鈥檚 in聽Westlaw Precision聽with CoCounsel, and聽Practical Law Dynamic Tool Set聽with CoCounsel. Today, the company is announcing new, additional skills for both Tax and Legal professionals including:

Checkpoint Edge with CoCounsel 鈥�聽Our first generative AI product for tax professionals delivers better, faster answers to complex tax research questions, rooted in 成人VR视频 trusted proprietary content, enhancing efficiency for seasoned researchers and enabling inexperienced researchers to work with reduced supervision.

Westlaw Edge UK with CoCounsel 鈥�聽The first 成人VR视频 generative AI legal research offering in the UK streamlines the initial phase of legal research, allowing customers to ask complex questions in natural language and delivering a synthesized answer grounded in trusted Westlaw content with detailed insights from top results including a list of key cases, legislation, and related topics.

CoCounsel Integrations with Microsoft 365 鈥�聽With third-party integrations, CoCounsel will connect professionals with the tools they use daily starting with Microsoft 365 – adding CoCounsel applications for Teams, Word, Outlook, and SharePoint to accelerate research, drafting and review.

鈥淎t Ford, we constantly pursue technology at the forefront of AI and machine learning innovation, to strengthen operations across the company, from design and manufacturing to legal and compliance. When I first saw CoCounsel as a beta customer, I knew it was a game-changer,” said Darth Vaughn, Managing Director, Legal Ops+ and Litigation Counsel at Ford Motor Company. “With CoCounsel, we work more efficiently and thoroughly, giving people in a wide range of roles more time for higher-level, strategic work, as well as cross-functional coordination. We eagerly anticipate skills that continue to enhance our legal professionals and our broader organization.”

成人VR视频 will use its GenAI platform to create even more GenAI skills, and they鈥檒l be introduced into products across every business segment it serves under the CoCounsel brand. 成人VR视频 is well-positioned to deliver an experience that will transform professional work by calling on its 30+ years of experience in this field and its proprietary content used to continue to expand its GenAI platform.

The GenAI platform – accelerating the delivery of professional-grade GenAI

成人VR视频 has invested in infrastructure positioning them to innovate with GenAI鈥攄esigning, developing, and launching new, high-quality GenAI features鈥攓uickly and securely, aligned to its聽Data and AI Ethics Principles.

成人VR视频 has both trusted, proprietary, content knowledge-based models, as well as a portfolio of workflow-embedded software tools, all brought together through its one-of-a-kind GenAI engineering platform. This common development platform enables the company to design, build, and deploy reusable GenAI components that become the building blocks for future skills and products, positioning the company to deliver on a vision for enabling professionals across multiple industries to seamlessly complete complicated work involving multiple products through a single GenAI assistant.

Availability

• Westlaw Edge UK with CoCounsel is available to customers in the UK.
• Checkpoint Edge with CoCounsel is expected initially in the United States, starting from summer 2024.
• CoCounsel Integrations with Microsoft 365 are expected to be available in BETA to customers in the USA and UK from summer 2024.
• Further roll out of CoCounsel skills are expected across 2024 and beyond

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS, MATERIAL RISKS AND MATERIAL ASSUMPTIONS.聽Certain statements in this news release are forward-looking, including, but not limited to, statements regarding the company鈥檚 strategic priorities, initiatives and opportunities. The words 鈥渆xpect鈥�, 鈥渂elieve鈥� and similar expressions identify forward-looking statements. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that any of the other events described in any forward-looking statement will materialize. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Many of these risks, uncertainties and assumptions are beyond our company鈥檚 control and the effects of them can be difficult to predict. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release. Except as may be required by applicable law, 成人VR视频 disclaims any obligation to update or revise any forward-looking statements.

The UK rollout follows last year鈥檚聽听辞蹿听l to help legal professionals quickly get answers to complex research questions.

鈥淲estlaw Edge UK with CoCounsel will help users save time and work smarter by jumpstarting 鈥� not replacing 鈥� their current methods for legal research,鈥� said Andrew Buckley, vice president, Research and Commentary, 成人VR视频. 鈥淎I-Assisted Research enables practitioners to ask a question in everyday language and get an answer grounded in the powerful combination of trusted, comprehensive Westlaw content and the latest in large language models. Working with increased efficiency is key for practitioners, who need the right research tools to be competitive as they navigate complex legal issues for their clients in a constantly evolving environment.鈥�

In addition to empowering customers with AI-Assisted Research, Westlaw Edge UK with CoCounsel gives customers access to an AI assistant, called CoCounsel. It鈥檚 integrated with Westlaw Precision and Practical Law Dynamic Tool Set, and soon will be integrated with Document Intelligence and HighQ.

鈥淲estlaw Edge UK with CoCounsel furthers our long-standing leadership in delivering the most sophisticated legal research solutions in the UK,鈥� Buckley said. 鈥淲e launched Westlaw UK nearly 25 years ago, marking the globalization of Westlaw, and we introduced Westlaw Edge UK in 2020. Adding AI capabilities to the Westlaw Edge UK portfolio of solutions represents the next chapter in our rich history of legal innovation in the UK and using AI technology to help legal researchers be more efficient.鈥�

For more on Westlaw Edge UK with CoCounsel and additional new CoCounsel capabilities for legal and tax professionals, check out the聽news release.

The company also announced that AI-Assisted Research on Westlaw Edge UK will be available in the coming weeks. The generative AI legal research solution will help legal professionals get better, faster answers to complex research questions grounded in trusted Westlaw content. Together, they will lead the transformation of the UKs legal profession.

CoCounsel Core equips legal professionals with eight generative AI-powered core legal skills: Prepare for a Deposition, Draft Correspondence, Search a Database, Review Documents, Summarize a Document, Extract Contract Data, Contract Policy Compliance, and Timeline.

鈥淭his latest international launch of CoCounsel Core is yet another significant milestone in our mission to empower legal professionals to do better work, more efficiently, for more clients,鈥� said Jake Heller, head of Product, CoCounsel, 成人VR视频. 鈥淚n just over a year since CoCounsel debuted, our goal of transforming how people work is becoming a reality in more places across the world, more quickly than we could have imagined. It鈥檚 proof that the 成人VR视频 build, buy and partner strategy is accelerating how quickly we can deliver generative AI solutions to the professionals who rely on us.鈥�

Designed with the technical controls and data governance to meet legal professionals鈥� ethical and confidentiality obligations, CoCounsel Core is the only professional-grade generative AI assistant built specifically for the practice of law. Together with AI-Assisted Research on Westlaw Edge UK, CoCounsel Core’s capabilities constitute the industry鈥檚 most comprehensive set of generative AI skills, designed to help lawyers quickly gather deeper insights and deliver a better work product. No other suite of generative AI legal products offers this breadth of use, depth of content, and reliability of results. CoCounsel Core can save legal professionals as much as 60% of the time they spend on commonly executed tasks, freeing them for more high-value, strategic, and creative work.

CoCounsel Core is already being used by multiple UK law firms, including Addleshaw Goddard LLP and Linklaters LLP. Employing more the 1,600 lawyers in 19 offices worldwide, Addleshaw Goddard鈥檚 origins reach back to the UK鈥檚 first public record of solicitors, the Law List, in 1775. Linklaters is currently exploring use-cases for CoCounsel within its business. Linklaters has operated in the legal market for over 185 years, and is a leading global law firm, employing more than 3,100 lawyers in 31聽offices across 21 countries.

“Generative AI has untold potential to support our lawyers and transform our client services now and in years to come.” said Kerry Westland, partner and head of the Innovation Group at Addleshaw Goddard. “While researching and exploring over 100 generative AI solutions, CoCounsel stood out as a solution that could be highly effective for a range of use cases, including bulk document analysis. We are already applying CoCounsel in the work we are delivering for our clients, and it is exciting to see the value that this technology can bring. We are looking forward to seeing CoCounsel and 成人VR视频 other AI solutions working together, delivering a powerful suite of tools to our lawyers to enhance our delivery of legal services.”

Foundational to these launches and product developments planned for 2024 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, AI, generative AI, and more, as the building blocks for future products.