Thomson Reuters is enhancing legal department performance with its CoCounsel Legal platform.
The Story
The solution aims to improve efficiency in legal operations.
Why It Matters
Thomson Reuters, a major legal publisher, is pushing its CoCounsel Legal platform. For European law firms, the question is not if AI can enhance performance, but how. Before considering new vendor tools, check your existing Microsoft 365 Copilot capabilities. Sending client data to external, potentially US-based, cloud services carries significant GDPR risk. I have seen enough "solutions" to know the devil is in the data residency details.
What To Do About It
Before evaluating CoCounsel or similar tools, identify which client data you would process. Then, confirm your firm's data sovereignty requirements for any AI solution. If you use Microsoft 365, look into Copilot's capabilities with your existing data first.
