Putting tokenomics on trial - how Thomson Reuters claims to prosecute against rising costs with its legal AI push
Earlier this year we took a deep dive into the impact of AI on the legal profession. One of the leading players in providing AI-driven tech to the field is Thomson Reuters with its CoCounsel offering, pitched as automating many of the essential legal processes and working practices. Thomson Reuters CEO Stephen Hasker pitches:
CoCounsel for us attacks a white space opportunity. So if you think about sort of law firm and general counsel spend beyond legal research, beyond know-how and practical law and so forth. CoCounsel is in that legal AI assistant space, and it's white space growth. What we see is a five- to ten-year TAM (Total Addressable Market) expansion, and I think we're just at the start of that.
By happenstance, the firm has also found itself tackling another topic - one that’s come firmly to the fore in 2026 - in the shape of none...
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