Thomson Reuters plans to invest $100 million annually in generative AI. With 125 AI engineers and 1,500 trained lawyers working on its products, the company was “leveraging” OpenAI’s GPT-based technology but was also “exploring a broad range of large language models” before beta testing its generative AI products with a select group of customers.
Generative AI capabilities in Practical Law will allow users to submit questions to Practical Law, receive an answer, and then follow up with additional questions or prompts using conversational language in a chat-type interface. Practical Law users can still find up-to-date guidance on an area of law, get annotated model documents and clauses, analyze trends, and compare jurisdictional differences.
The generative AI integration will enable Practical Law users to chat with Practical Law in the same way they would talk with a colleague to better understand the law and practice. Also, it will allow users to take the answer they receive a step further by leveraging Thomson Reuters drafting solutions to initiate a draft document using Practical Law precedents, clauses, and drafting guidance.
Source: Thomson Reuters
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