CoCounsel
Business Profile
Core Value Proposition
CoCounsel provides a professional-grade Generative AI assistant for professionals that unites research, drafting, and document analysis in a single experience, backed by authoritative content and industry-leading security.
Target Customer
{"Legal professionals","Tax professionals","Audit professionals","Accounting professionals"}
Key Differentiator
The only GenAI assistant for professionals designed with world-class content and security, offering seamless integration across core legal and business platforms (Westlaw, Practical Law, Checkpoint, Microsoft 365) and a unified workflow for research, drafting, and document analysis.
Implementation Timeline
Not specified in the provided content
Pain Points
- 1Time-consuming research and drafting tasks that slow client service
- 2Fragmented workflows across multiple tools requiring context switching
- 3Concerns about data privacy, model training on client data, and bias in AI outputs
Key Features
- 1Context-aware integration across leading platforms and workflows (Westlaw, Practical Law, Checkpoint, Microsoft 365, document management systems)
- 2Access to advanced LLMs backed by trusted content and editorial expertise
- 3Guardrails and content-source limitations to reduce inaccuracies and bias
- 4Data privacy protections: prompts and user content not used to train models; zero-retention API calls where applicable
- 5Security and hosting options: TLS 1.2, AES-256 encryption; region-based hosting (US default, with options in UK, Australia, Canada)
Target Customer Industries
Decision Makers
- 1Chairman and Managing Partner
- 2Tax Partner
Client Results
- 1Reported increase in attorney efficiency and time savings through automation of research and drafting tasks
- 2A specific example notes a tax process where CoCounsel handled approximately 80% of the work, enabling more focus on judgment and reasoning
Competitive Advantages
- 1Single integrated AI assistant across multiple workflows and platforms (research, drafting, document analysis)
- 2Access to trusted content and editorially maintained guidance (Westlaw, Practical Law, Checkpoint)
- 3Strong data privacy and security posture (non-training of prompts, zero-retention API calls, identity-based processing)
- 4Guardrails to limit bias and ensure responses come from verified content sources
- 5Regional hosting options to meet data residency needs
Key Benefits
Case Studies & Success Stories
Fisher Phillips, LLP — Partner testimonial
John Polson, Chairman and Managing Partner, states that CoCounsel's capabilities have increased efficiency for their attorneys, with additional client benefits implied by the testimonial.
Tax partner — Top U.S. 100 firm testimonial
A tax professional reports that CoCounsel performed roughly 80% of a tax process, enabling more time for judgment and reasoning in finishing the project.
Additional Product Information
Product Description
A professional-grade generative AI assistant designed for legal, tax, audit, and accounting professionals, uniting research, drafting, and document analysis with trusted content and security; integrates with major platforms and content sources to streamline workflows.
Target Market
Law firms, corporate legal departments, tax and accounting firms, and professional services firms that require secure, integrated AI-assisted workflows
Unique Value Proposition
CoCounsel uniquely combines a unified AI assistant with trusted content, expert-backed guardrails, and deep integrations to deliver faster, more accurate professional work while prioritizing data privacy and security.
Technical Requirements
Region-based hosting options (US default; UK, Australia, Canada available); TLS 1.2; AES-256 encryption; prompts and user content not used to train third-party models; interactions processed under the identity 'Thomson Reuters'; zero-retention API calls with applicable guardrails
Pricing Model
Not disclosed in the provided content
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