Casetext
AI legal assistant for every attorney
About Casetext
Casetext is an AI-powered legal research and drafting platform that was acquired by Thomson Reuters for $650 million in 2023. The company's flagship product, CoCounsel, was one of the first AI legal assistants powered by GPT-4, capable of conducting legal research, reviewing documents, preparing deposition questions, and drafting correspondence.
CoCounsel represented a breakthrough in AI-assisted legal work, enabling attorneys to complete research and document review tasks in minutes that traditionally took hours or days. The platform was trained to understand legal reasoning, cite relevant case law accurately, and produce work product that meets professional legal standards.
The acquisition by Thomson Reuters, parent of Westlaw, brought Casetext's AI technology into the world's largest legal information company. The combination of Thomson Reuters' comprehensive legal databases with Casetext's AI capabilities has created one of the most powerful legal AI platforms available, now integrated across Thomson Reuters' product suite.
Products & Services
CoCounsel
AI legal assistant for research, document review, and legal drafting
Legal Research AI
AI-powered case law research with accurate citations and analysis
Document Review
AI-driven analysis of contracts and legal documents for key provisions and risks
Leadership
Notable Achievements
- ✓ Acquired by Thomson Reuters for $650M
- ✓ One of first AI legal assistants powered by GPT-4
- ✓ CoCounsel transformed legal research productivity
- ✓ Integrated into Thomson Reuters/Westlaw ecosystem
Competitive Landscape
Companies competing in the same space as Casetext.
NexChron Coverage
Latest articles mentioning Casetext
No articles yet. Our coverage of Casetext is expanding.
Financial Disclosure: NexChron provides financial data for informational purposes only. This is not investment advice, a recommendation to buy or sell securities, or an offer to transact. Stock prices are delayed up to 15 minutes and sourced from Yahoo Finance. Funding round data is compiled from public reports and may not reflect the most current information. Company valuations, revenue estimates, and financial projections are based on publicly available data and may be inaccurate or outdated. Always consult a qualified financial advisor before making investment decisions. NexChron, its founder, and contributors may hold positions in companies mentioned on this site.