TBA Law Blog


Posted by: Julia Wilburn on Jul 7, 2023

Thomson Reuters announced will purchase the San Francisco-based Casetext for $650 million as part of its long-term investment in generative artificial intelligence. The ABA Journal reports that the legal tech startup was founded in 2013 and has about 100 employees. Casetext launched the legal AI assistant CoCounsel in March. The product, developed in a partnership with OpenAI and trained on the latest version of its GPT large language model, uses a chatbot interface to aid in legal research, document review and contract analysis.