Thomson Reuters Law Blog

The Thomson Reuters Law Blog focuses on the integration and impact of artificial intelligence in legal practice, highlighting AI tools like CoCounsel Legal that enhance legal research, document drafting, and analysis. It covers strategic adoption of AI in law firms, addressing ethical considerations, workflow integration, and the balance between AI assistance and critical thinking. The blog also discusses AI's role in corporate governance, compliance, and risk management, emphasizing cross-functional collaboration and productivity gains. Additionally, it shares real-world case studies demonstrating AI's return on investment for small and midsize law firms, illustrating how technology supports efficiency, client service, and practice growth.

Latest from Thomson Reuters Law Blog - Page 5

Highlights
  • Contract lifecycle management (CLM) governs a contract from initiation and negotiation through execution, monitoring, and closure.
  • Manual, paper-based contract processes create compliance gaps, poor visibility, and security risks that automation can resolve.
  • Tracking KPIs like cycle time, renewal rate,

…

Highlights
  • Contract clauses fall into operative, boilerplate, and restrictive categories, each allocating different rights and risks.
  • Well-drafted M&A clauses address sandbagging, MAE, conditions precedent, earnouts, and indemnification caps to limit post-closing disputes.
  • AI drafting tools and clause finders can help

…

Highlights
  • Corporate legal departments must preserve evidence in its original state to comply with discovery obligations.
  • Rule 37(e) requires litigants to take reasonable, good-faith steps to preserve information once a duty to preserve arises.
  • A defensible legal hold process moves

…