Lawyers HATE This New AI Hack (Makes You 10x Faster)
A new integration between Thomson Reuters CoCounsel and Microsoft Copilot for Microsoft 365 promises to revolutionize workflows for professionals. This AI-powered solution leverages CoCounsel’s expertise with Copilot’s user-friendliness, allowing users to tackle complex tasks within familiar Microsoft applications. The collaboration aims to not only address current needs but also anticipate future demands, ensuring professionals have the most effective tools at their disposal.
CONTENTS:
AI Revolutionizes Workflows
-Lawyers HATE This New AI Hack
At the Microsoft Build 2024 keynote, a groundbreaking collaboration between Thomson Reuters and Microsoft was unveiled, bringing forth a transformative enhancement to the professional sphere. By integrating Thomson Reuters CoCounsel with Microsoft Copilot for Microsoft 365, this partnership introduces an innovative AI-driven solution poised to revolutionize professional workflows.
In an engaging demonstration, Thomson Reuters illustrated how CoCounsel, working in tandem with Microsoft Copilot, can swiftly tackle complex tasks that previously demanded significant time and effort. With this integration, professionals can accomplish in seconds what once took hours or days, all with a simple click within familiar Microsoft 365 applications like Word, SharePoint, Outlook, and Teams.
This fusion of CoCounsel’s deep subject-matter expertise and Copilot’s intuitive user interface promises to redefine the way professionals handle intricate tasks, offering a seamless and efficient AI-driven experience within their daily workflow.
AI + LegalTech: Efficiency Boost
Kriti Sharma, Chief Product Officer of LegalTech at Thomson Reuters, underscored the importance of this integration, highlighting, “In an environment where complexity and stakes are soaring, our customers encounter formidable challenges. With CoCounsel seamlessly integrated with Microsoft Copilot for Microsoft 365, professionals gain access to a potent combination of trusted content and AI, enriched by their organization’s insights and data. This personalized and elevated AI experience within Microsoft’s environment heralds a new era of efficiency and effectiveness for professionals.”
CoCounsel Speeds Up Compliance
During the demonstration, a legal scenario was showcased wherein the general counsel’s office, collaborating with their law firm, addressed new regulations targeting forced labor in supply chains. This demonstration highlighted how CoCounsel, with a Copilot extension in Microsoft 365, could dramatically accelerate regulatory compliance tasks. By leveraging both the customer’s content and Thomson Reuters’ proprietary content, CoCounsel delivers trusted answers and recommendations directly within the workflow, eliminating the need to switch between applications.
Srini Raghavan, Vice President of the Microsoft Teams Ecosystem at Microsoft, remarked, “Through the integration of Microsoft Copilot with Thomson Reuters’ extensive legal content and AI via CoCounsel, we are delighted to empower professionals to seamlessly access both proprietary and public content directly within their workflow, streamlining regulatory compliance tasks.”
CoCounsel: Future-Proofing Work
Moving forward, Thomson Reuters remains dedicated to innovation, with upcoming features like CoCounsel Drafting, anticipated to launch in July after presale. This functionality will empower users to initiate the drafting of legal documents directly within Microsoft Word, leveraging AI to enhance document quality through refinement and review.
The collaboration between Thomson Reuters and Microsoft is poised for ongoing development, with a focus on delivering solutions that not only address current professional demands but also anticipate future needs. This commitment ensures that users have access to the most effective and dependable tools for their daily operations.
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