Smokeball and Thomson Reuters Partner to Provide Legal Tech Ecosystem
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy TRI?
Smokeball and Thomson Reuters announced a partnership to provide a comprehensive legal technology ecosystem connecting the business and practice of law. The partnership will combine Smokeball's industry-leading practice management tools and AI matter assistant with Thomson Reuters CoCounsel Legal, the AI solution for authoritative legal research, document analysis, and drafting, into one integrated customer experience. Legal professionals will be able to leverage this partnership to deliver exceptional outcomes for their clients while saving time and reducing administrative tasks. Smokeball and Thomson Reuters are working together to create a seamless pathway for joint customers in the U.S. to access CoCounsel Legal-including Westlaw Advantage and Practical Law Dynamic Tool Set-and Smokeball through the platforms they already rely on. Initially, Thomson Reuters will launch a real-time data connector that syncs legal documents across platforms, allowing Smokeball users to push documents into CoCounsel Legal in bulk rather than uploading them one by one. Documents will flow directly from Smokeball into CoCounsel Legal, saving significant time and reducing the risk of errors or version mismatches. Further phases of integration are underway, with the trajectory pointing toward an experience where joint customers can access Thomson Reuters legal content, AI and know-how tools, combined with up-to-date matter facts and information in one seamless interface.
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Analyst Views on TRI
Wall Street analysts forecast TRI stock price to rise
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 91.090
Low
160.00
Averages
192.65
High
258.00
Current: 91.090
Low
160.00
Averages
192.65
High
258.00
About TRI
Thomson Reuters Corporation is a content and technology company. The Legal Professionals segment serves law firms and governments with research and workflow products powered by technologies, including generative artificial intelligence (AI). The Corporates segment serves corporations ranging from small businesses to multinational organizations with a full suite of content-driven products, powered by technologies, including generative AI. The Tax & Accounting Professionals segment serves tax, audit and accounting firms with research and workflow products powered by technologies, including generative AI. The Reuters News segment supplies business, financial and global news and data to media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial firms exclusively via LSEG products. The Global Print segment provides legal and tax information and commercial printing services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technology Integration: This collaboration combines Smokeball's industry-leading practice management tools with Thomson Reuters' AI legal research and document analysis solutions, enabling legal professionals to conduct research, draft documents, and manage clients all within a single platform, thereby saving time and reducing administrative burdens.
- Data Connectivity Feature: Thomson Reuters will launch a real-time data connector that allows Smokeball users to bulk push legal documents into CoCounsel Legal, significantly improving document processing efficiency while minimizing errors and version mismatches, thus enhancing the overall client experience.
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