Thomson Reuters announced that its CoCounsel AI platform has now been adopted by one million professionals across 107 countries and territories, marking a major expansion of the company’s agentic‑AI offering into regulated legal, tax, audit and compliance markets.
The platform’s success is underpinned by a network of more than 4,500 Thomson Reuters subject‑matter experts who continuously refine its outputs. CoCounsel retrieves authoritative sources, verifies citations, and applies jurisdiction‑specific rules, enabling users to produce citation‑backed work that can withstand court or audit review and integrate seamlessly into existing workflows.
This milestone signals strong market adoption and reinforces Thomson Reuters’ strategy to monetize its extensive content moat. The achievement aligns with the company’s Q4 2025 earnings, which reported 7% organic revenue growth and a 39.2% adjusted EBITDA margin, underscoring the platform’s contribution to a high‑margin recurring‑revenue model.
CoCounsel differentiates itself through deep integration with Thomson Reuters’ core products such as Westlaw and Practical Law, positioning it against standalone AI providers and competitors like LexisNexis. The platform also benefits from a partnership with Anthropic and the company’s own proprietary large‑language‑model development, further strengthening its competitive edge in professional‑grade AI.
Steve Hasker, President and CEO, said, "Professionals are now deciding which AI they trust when their reputation and their clients’ data are on the line," highlighting the platform’s focus on reliability and trustworthiness. Chief Product Officer David Wong noted that the one‑million‑user count reflects a "shared global consensus" on CoCounsel’s quality.
The announcement was met with a strong market reaction, as investors viewed the milestone as a validation of Thomson Reuters’ AI strategy and a counter‑narrative to broader concerns about AI’s impact on software stocks.
Looking ahead, Thomson Reuters plans to launch next‑generation conversational capabilities for CoCounsel Legal in beta later this year, with additional enhancements for CoCounsel Tax and ONESOURCE+ scheduled for later in 2026, and the continued development of a proprietary LLM aimed at reducing dependence on external model providers.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.