Ep 238: Thomson Reuters’ AI Strategy for Legal, with Mike Dahn, Head of Westlaw, and Joel Hron, Head of AI

Feb 28, 2024

Thomson Reuters' AI strategy in legal research, discussing generative AI's impact. Acquisitions, integration in Westlaw Precision, and Practical Law. Executives talk about AI development, protecting against hallucinations, ensuring security, and the future of AI at Thomson Reuters.

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Introduction

00:00 • 4min

Transformative Impact of AI in Legal Research at Thomson Reuters

04:12 • 21min

Exploring Risks of Generative AI in Legal Research and Thomson Reuters' Strategies

25:33 • 4min

Ensuring Accuracy in AI-Generated Legal Research Results

29:08 • 4min

Enhancements in Legal Research Methods

32:50 • 3min

Enhancing AI Accuracy and Mitigating Risks in Legal Research

35:40 • 9min

Exploration of Technology Strategy and Language Models

44:27 • 1min

AI Technology in the Legal Field: Transforming Workflows and Research

45:51 • 13min

On this episode of LawNext: A conversation about Thomson Reuters’ strategy around generative artificial intelligence with two of the executives most directly responsible for its development and implementation.

In a year dominated by discussion of generative AI and its potential impact on the legal profession, Thomson Reuters has played a leading role. It started in June, when the company announced its $650 million acquisition of the legal research and AI company Casetext and the CoCounsel generative AI tool Casetext had developed in collaboration with OpenAI.

Then, in November, Thomson Reuters made good on its promise to integrate generative AI within its flagship legal research platform, introducing AI Assisted Research in Westlaw Precision. Soon after that, it rolled out generative AI within Practical Law, its legal know-how product.

What does this all mean for legal research and legal software, now and into the future? Today we go deep into TR’s AI development with two of the company’s leaders in this area:

Mike Dahn, senior vice president and head of Westlaw product management.
Joel Hron, head of artificial intelligence and TR Labs.

We talk about the development of AI Assisted Research in Westlaw Precision, the company’s broader AI product strategy, its acquisition of CoCounsel and where that fits in its AI strategy, how the company is protecting against hallucinations and ensuring security, and the future of AI at Thomson Reuters and more broadly.

Thank You To Our Sponsors

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