LegalTech’s AI Race: A Sign of What’s to Come
Nicole L. Black notes the milestone of Thomson Reuters announcement that it had entered into an agreement to acquire Casetext, a legal research software company, for $650 million. For the past decade, Casetext has provided a legal research platform grounded in AI technology. The company consistently developed innovative features that utilized AI technology to streamline legal research and brief creation, most recently releasing CoCounsel, a generative AI legal assistant tool powered by GPT-4, which is the same technology that powers ChatGPT Plus.