LTH Insights for Law Firms/ANALYSIS: IMPACT ON THE MARKET OF THOMSON REUTERS’ CASETEXT ACQUISITION

Analysis: Impact on the Market of Thomson Reuters’ Casetext Acquisition

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Last night, Thomson Reuters announced its $650 million acquisition of Casetext, a company that has recently made waves with CoCounsel, one of the first two legal domain-specific GPT-4-powered AI Assistants to burst onto the market earlier this year. What does it mean for law firms, corporate legal departments, and other consumers of legal services?

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