Thomson Reuters Expands AI Reach with Legal Tools and Key Acquisition

ago 24 hours
Thomson Reuters Expands AI Reach with Legal Tools and Key Acquisition
Thomson Reuters

Thomson Reuters is strengthening its position in the legal and tax technology markets with new generative AI initiatives, a strategic acquisition, and a recent copyright court victory.

Thomson Reuters brings AI tools to law schools

The company announced the rollout of CoCounsel Legal and Deep Research from Westlaw to more than 200 U.S. law schools. Faculty will gain access this fall, while students are expected to start using the tools in early 2026. The aim is to ensure future lawyers are trained on AI-powered platforms.

Key Highlights

  • 200+ law schools included

  • Faculty access in weeks

  • Students to join in 2026

Acquisition of Additive to advance tax workflows

Thomson Reuters acquired Additive, a firm specializing in GenAI-powered tax document processing. The platform automates complex forms such as Schedule K-1, reducing manual work for tax professionals and enhancing efficiency.

Acquisition Focus Benefit
Additive GenAI tax document automation Streamlined processing, faster workflows

Legal victory reinforces content protections

A U.S. federal judge ruled against Ross Intelligence, siding with Thomson Reuters in a copyright case. The decision establishes that its Westlaw editorial content cannot be copied under fair use, setting a precedent in AI-related copyright disputes.

Stock performance and strategic listing

Thomson Reuters shifted its U.S. listing from NYSE to Nasdaq earlier in 2025. As of September 25, its Toronto-listed shares traded at CAD 219.29, reflecting a 1.45% dip on the day but aligning with full-year guidance.

Reuters news agency leadership update

Reuters, the news division of Thomson Reuters, appointed Sally Buzbee to lead U.S. and Canada editorial operations. With experience at The Washington Post and AP, she is expected to strengthen newsroom leadership.

Broader strategy and impact

Through moves in AI education, acquisitions, and content protection, Thomson Reuters demonstrates its push to combine technology, legal expertise, and journalism while preparing professionals for a digital-first future.