Thomson Reuters

What is Thomson Reuters?

Thomson Reuters is a global leader in providing critical information, highly specialized software, and expert insights to professionals. Its mission is to empower professionals to make confident decisions and run better businesses through access to trusted, world-class data and technology. The company serves the legal, tax, accounting, and compliance sectors, alongside operating Reuters, a premier global news organization. By heavily integrating generative artificial intelligence into flagship products like Westlaw and Checkpoint, Thomson Reuters helps users automate complex research, streamline workflows, and stay ahead of regulatory changes. Ultimately, it acts as a comprehensive intelligence ecosystem that solves complex information and operational challenges for modern enterprises.

How to use Thomson Reuters?

To use Thomson Reuters effectively, professionals must first identify their specific sector needs, such as legal research, tax compliance, or corporate accounting, and subscribe to the appropriate specialized platform (like Westlaw Precision or Checkpoint Edge). After logging into their respective enterprise portal, users gain access to vast, continuously updated databases of regulatory information, case law, and industry insights. Users can leverage AI-powered search bars, intelligent chatbots, and interactive workflows within these platforms to query complex professional questions, draft legal or financial documents, automate compliance tracking, and receive synthesized, authoritative answers directly related to their industry.

Thomson Reuters's Core Features

• Westlaw Precision offers AI-driven legal research for faster and more accurate case law discovery.

• Checkpoint Edge provides intelligent tax and accounting research to keep professionals updated on rapid regulatory changes.

• Practical Law offers peer-reviewed resources, standard documents, and legal checklists to streamline everyday tasks.

• CoCounsel integration provides a generative AI legal assistant to automate document review, drafting, and complex data extraction.

• Reuters News delivers real-time, unbiased global news, investigative journalism, and financial market updates.

• HighQ provides secure, cloud-based collaboration, document management, and workflow automation for legal teams.

• ONESOURCE automates complex global corporate tax compliance, calculation, and reporting workflows.

Thomson Reuters's Use Cases

• #1

  Conducting deep, AI-assisted legal research and case law discovery using Westlaw Precision.

• #2

  Navigating complex global tax regulations and compliance mandates via Checkpoint Edge.

• #3

  Automating document drafting, contract review, and data extraction with AI legal assistants like CoCounsel.

• #4

  Accessing real-time global news, financial data, and market intelligence through Reuters.

• #5

  Managing firm operations, billing, and workflow accounting for professional services firms.

• #6

  Screening for enterprise risk and ensuring corporate compliance with global trade laws.