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CaseText

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AI-powered legal research platform with CoCounsel AI assistant that drafts documents, analyzes contracts, and searches case law using advanced NLP.

LegalResearchAI
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Added on February 23, 2026← Back to all tools

What does this tool do?

CoCounsel is Thomson Reuters' generative AI assistant purpose-built for legal professionals, combining legal research, document drafting, and contract analysis in a unified platform. The tool leverages advanced NLP trained on trusted legal content to automate repetitive legal work—specifically drafting motions, analyzing contracts clause-by-clause, and conducting case law research. Unlike generic AI tools, CoCounsel is designed with legal-specific workflows in mind, offering segmented products for different user types (solo firms, mid-size firms, corporations, and tax/audit professionals). The platform integrates with existing legal workflows and is backed by Thomson Reuters' established legal database infrastructure, positioning it as a more specialized alternative to general-purpose AI assistants for legal work.

AI analysis from Feb 23, 2026

Key Features

  • AI-powered contract analysis that identifies key terms, obligations, and potential risks within documents
  • Legal document drafting assistance for motions, briefs, memoranda, and other standard legal documents
  • Advanced case law and legal precedent search using NLP across Thomson Reuters' legal database
  • Multi-product variants including CoCounsel Legal, CoCounsel Tax, and CoCounsel Audit for different professional types
  • Integration with existing legal workflows and data management systems (HighQ, Legal Tracker, Westlaw)
  • Trusted content foundation built on Thomson Reuters' established legal research databases and Practical Law resources
  • Document summarization and metadata extraction for faster document review and matter organization

Use Cases

  • 1Contract analysis and due diligence: Quickly identify key clauses, obligations, and risks across multiple contracts during M&A or vendor review processes
  • 2Legal document drafting: Generate initial drafts of motions, briefs, and legal memoranda that attorneys can review and refine, reducing billable hours spent on first drafts
  • 3Case law research and precedent finding: Search across case databases to find relevant precedents and legal guidance without manually reviewing hundreds of cases
  • 4Legal memo preparation for associates: Junior attorneys use CoCounsel to draft research memos and analysis, which partners review and approve
  • 5Compliance document review: In-house legal teams analyze vendor agreements and regulatory documents for compliance risks and non-standard terms
  • 6Time entry and matter analysis: Extract and organize information from documents to support accurate time tracking and matter profitability analysis
  • 7Tax research and preparation: CoCounsel Tax variant assists tax professionals with research, document review, and audit support

Pros & Cons

Advantages

  • Purpose-built for legal work with domain-specific training, not a generic AI tool adapted for law, making outputs more contextually appropriate and legally sound
  • Unified platform combining research, drafting, and analysis in one interface reduces context-switching and training overhead compared to using multiple disconnected tools
  • Backed by Thomson Reuters' trusted legal database and content, providing confidence in the source material and research quality underlying AI recommendations
  • Segmented product offerings (CoCounsel Legal, CoCounsel Tax, CoCounsel Audit) allow firms to purchase only what they need rather than bloated bundles
  • Case studies show concrete efficiency gains at established firms like Zarwin Baum and Brinks, suggesting real-world ROI beyond marketing claims

Limitations

  • Pricing details not publicly disclosed on the website—requires contacting sales, making budget planning difficult for smaller firms and creating potential sticker shock
  • Limited information about integration capabilities with existing practice management systems, document automation platforms, or case management software
  • No mention of AI hallucination safeguards, output accuracy validation, or how the tool handles edge cases in legal research where wrong citations could be costly
  • Positioned as a premium solution backed by Thomson Reuters, likely pricing it out of reach for solo practitioners and very small firms despite segmented offerings
  • Website content is sparse on actual feature details—marketing focuses on outcomes rather than explaining how the tool actually performs contract analysis or research tasks

Pricing Details

Pricing details not publicly available. The website shows purchase options segmented by firm size (solo 1-3 attorneys, mid-size 4-10 attorneys, and corporations with legal departments) but actual price points are hidden behind sales contact forms. Pricing likely operates on a subscription model with variable costs based on firm size and usage, but specific tier information requires direct sales inquiry.

Who is this for?

Law firm attorneys (especially partners and associates seeking efficiency gains), in-house corporate legal departments, solo practitioners and small firms (1-10 attorneys), tax and audit professionals using CoCounsel Tax/Audit variants, and mid-market firms looking to scale legal output without proportional staffing increases. Best suited for firms already embedded in Thomson Reuters' ecosystem or willing to adopt their platform infrastructure.

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