We’re excited to announce that Thomson Reuters has partnered with the Association of Corporate Counsel (ACC) Australia as the Legal Tech, AI, and Innovation Partner for 2024. This collaboration is set to give access to cutting-edge advancements and bring valuable learning opportunities directly to ACC members throughout the year.
What Does This Mean for ACC Members?
In today’s rapidly evolving legal landscape, staying updated and efficiently managing legal tasks have never been more critical. This collaboration is a testament to our shared mission of empowering in-house legal professionals with state-of-the-art tools and insights, paving the way for transformation, excellence and generating value in legal practice.
As Thomson Reuters' AI ecosystem of legal solutions rapidly evolves, we’re rolling out an array of specialised tools designed to streamline your workflow, enhance accuracy, and save time:
- Westlaw Precision Australia: This tool redefines legal research, enabling in-house counsel to ask nuanced questions in plain English and receive accurate answers based in substantive law making the search for verifiable legal answers faster and more accessible.
- CoCounsel: Our visionary AI-powered legal assistant, transforming how you work by answering questions, drafting documents, summarising volumes of information and providing insights.
- Ask Practical Law: An AI-driven version of our much-loved legal know-how tool, Practical Law, that provides instant answers to complex legal questions, based on the trusted guidance Thomson Reuters is known for.
- Legal Tracker: An unparalleled legal invoice management tool which automates the review of external counsel invoices and spend management to bring efficiency, transparency, and live industry insights on law firm rates to your legal operations.
- HighQ: Thomson Reuters' simple yet sophisticated legal business management software driving in-house legal transformation with automation, workflow and collaboration technology, generating insights and capacity for legal talent to focus on strategic, value-added work.
Hands-on Learning and Direct Benefits
Recognising the importance of practical, hands-on experience, we’re committed to bringing ACC members a series of interactive workshops, webinars, and resources. These activities are not just aimed at introducing these tools but are crafted to showcase how integration into your daily workflows can turn theoretical advantages into tangible benefits.
Navigating Ethics and Governance
As more technology is integrated into legal practice, addressing ethical data considerations, and maintaining AI governance standards becomes paramount. Thomson Reuters places a strong emphasis on these aspects, ensuring that the legal tech tools that improve your efficiency also align with the highest ethical standards. You'll gain insights into how to navigate the complexities of using AI in a way that respects client confidentiality and ensures compliance with legal frameworks.
Why This Matters to Us - and You
For us at Thomson Reuters, it’s not just about creating advanced legal tools; it’s about what these tools can do for you to make your day easier and enable to your workflows to be more effective and generate value for your business client. Together, we're on a mission to empower legal professionals with the tools and insights needed to stay ahead. “This collaboration is born out of a shared vision to not just navigate but to lead in the evolving landscape of legal technology,” says Tyrilly Csillag, Director of Legal Transformation for Thomson Reuters, Asia & Emerging Markets. “We want to give real value to ACC members in the form of our expertise and knowledge.”
“In the past few years, ACC Australia have seen the pace of technological change not just increase, but exponentially change the landscape in which we operate. To the legal sector this explosion of technological solutions provides opportunities to drive efficiencies and inform the way lawyers work, however understanding what options are available and what solutions are support which activity remains a moving picture,” says Chris O’Callaghan, Managing Director for ACC Australia.
"It is with great pleasure that for 2024, ACC Australia is partnering with Thomson Reuters as our first Legal tech and innovation partner. Over the coming months our partnership will provide members with the opportunity access learning and gain insights into some key AI and technology platforms. Watch out for more updates as we get things moving.”
We urge all ACC members to engage with the opportunities this collaboration opens up. Whether it’s by attending our bespoke events, exploring our tools, or participating in our discussions on the future of legal technology, there’s an entire horizon of possibilities waiting for you as an in-house lawyer partnered with Thomson Reuters.
Click here to view ACC Australia and Thomson Reuters announcement video.