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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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

Manual review of customer contracts to determine revenue accounting impact can be time-consuming and painful. Each contract requires that accountants spend hours creating and populating new contract review lists with metadata, dates, fees, and non-standard terms. This is time that could be used to innovate processes. Klarity automates all aspects of this process. Klarity pre-populates a checklist to automatically review all contracts. The application includes all the necessary tools to review contracts and provide notifications, accounting impact, notes, as well as an automated workflow. Klarity allows organizations to focus on strategic value by focusing on analysis and audit documentation, rather than the tedious manual work. For a smoother contract review process and a quicker month-end close, create customized workflows for the first- and second-level reviewers.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon WorkDocs No 
NetSuite No 
Oracle Fusion Cloud ERP No 
SAP ERP No 
Salesforce No 
Workday Financial Management No 

Integrations

Amazon WorkDocs Yes 
NetSuite Yes 
Oracle Fusion Cloud ERP Yes 
SAP ERP Yes 
Salesforce Yes 
Workday Financial Management Yes 

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

Klarity

Founded

2017

Country

United States

Website

www.tryklarity.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 

Product Features

Data Extraction

Disparate Data Collection No 
Document Extraction No 
Email Address Extraction No 
IP Address Extraction No 
Image Extraction No 
Phone Number Extraction No 
Pricing Extraction No 
Web Data Extraction No 

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