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Description

Thomson Reuters CoCounsel is a professional AI platform that assists legal, tax, accounting, and audit professionals with research, analysis, document drafting, and workflow automation. The platform combines generative AI and agentic capabilities with authoritative content from Thomson Reuters research and information services. CoCounsel Legal integrates with Westlaw and Practical Law to support legal research, contract analysis, litigation preparation, and document drafting. Its document analysis tools can review large collections of files, extract relevant information, identify issues, and provide citations linking findings to their original sources. Legal drafting capabilities help users generate agreements, correspondence, and other documents using existing precedents and organizational knowledge. CoCounsel Tax supports tax research, return analysis, regulatory interpretation, and preparation of client deliverables using Checkpoint and other trusted sources. CoCounsel Audit & Accounting assists with workpaper analysis, technical research, risk identification, and audit documentation. Agentic workflows enable the platform to plan and execute multistep assignments while supporting reusable templates, shared workspaces, and document-based collaboration. CoCounsel includes enterprise security and privacy controls and is designed to help professionals complete complex work while retaining the ability to review and verify AI-generated findings.

Description

Klara serves as an AI agent for contract review and compliance at Kanerika, efficiently extracting contracts and documents from your existing document management solutions like SharePoint while ensuring that personally identifiable information is masked prior to any in-depth analysis. It meticulously evaluates each clause against your organization’s playbook, highlighting any deviations in critical terms such as indemnity, termination, audit rights, and data ownership while providing a confidence score for each finding. Additionally, Klara generates redline language that aligns with your playbook for any flagged clauses, which are subsequently reviewed by a human for final approval. Furthermore, all findings, decisions, and overrides are systematically logged to maintain a thorough audit trail, and the decisions made by reviewers are incorporated back into the system, enhancing the accuracy and efficiency of future contract reviews. This continual feedback loop not only strengthens the review process but also ensures compliance and alignment with your organization’s standards.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Thomson Reuters

Founded

2008

Country

Canada

Website

www.thomsonreuters.com/en/cocounsel

Vendor Details

Company Name

Kanerika

Founded

2015

Country

United States

Website

kanerika.com

Product Features

Legal Research

AI / Machine Learning No 
Annotations No 
Brief Analytics No 
Case Alerts No 
Case Law Research No 
Change Tracking No 
Data Visualization No 
Filtering No 
Query Suggestions No 
Search History No 
Self-Service Search No 
Statutes Research No 
Tax Law Research No 
Third-Party Analysis Integration No 

Alternatives

Alternatives