Practical Law vs. CoCounsel

CoCounsel

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What is Practical Law?

Instantly tap into a vast resource of knowledge from over 300 legal experts. With Practical Law, navigating unfamiliar legal fields becomes a breeze, enabling you to locate answers swiftly and implement them with confidence. Discover invaluable resources tailored for contemporary legal professionals that optimize daily workflows. Quickly get up to speed with new practice areas while staying informed on the ever-evolving legal environment. Save significant amounts of time in research with clear, current guidance on various legal issues. Access the latest legal document templates and adapt them easily within Microsoft® Word. Improve your operational efficiency with intuitive checklists, flowcharts, and timelines. Everything necessary—summaries, templates, articles, and in-depth analyses of diverse legal topics—can be accessed from a single, convenient source. Instead of wasting time searching, you can concentrate on growing your practice. Enhance your accuracy and productivity levels significantly. Leverage Contract Express to automate the creation of legal documents, simplifying the comprehension of project stages and key responsibilities for both clients and colleagues. Equip your team with essential tools and extensive knowledge provided by Thomson Reuters, ensuring you maintain a competitive edge in today's rapidly changing legal landscape. This strategy not only boosts individual effectiveness but also fosters a culture of teamwork and shared success within your organization, paving the way for collective achievements.

What is CoCounsel?

Thomson Reuters CoCounsel is an AI-powered professional productivity platform developed to support legal services, tax preparation, accounting, auditing, and compliance-related work. The platform combines generative artificial intelligence, agentic workflow automation, and authoritative professional research content within specialized workspaces. CoCounsel Legal enables attorneys and legal teams to conduct research using Westlaw and Practical Law, analyze legal questions, and generate citation-backed reports. Its document review capabilities allow users to examine contracts, litigation materials, and large document collections to extract facts, identify issues, and compare information across multiple sources. Tabular Analysis supports reviewing up to 10,000 documents against as many as 100 questions, with results organized into interactive tables linked to supporting evidence. Legal drafting tools assist with creating agreements, correspondence, and other work products using organizational precedents and relevant research materials. CoCounsel Tax combines Thomson Reuters Checkpoint content, tax authorities, and firm documents to support tax research, return analysis, regulatory questions, and client deliverable preparation. CoCounsel Audit & Accounting helps professionals analyze audit workpapers, investigate inconsistencies, research accounting standards, and create documentation for review processes. The platform's agentic AI capabilities support multistep task planning, information retrieval, document analysis, and automated generation of structured outputs. Users can work with document collections, apply reusable workflow templates, access shared workspaces, and integrate AI assistance into existing professional processes. CoCounsel includes source-linked responses, enterprise-grade security and privacy controls, and specialized capabilities designed to support human review and verification of legal, financial, and regulatory work.