While we knew when we launched CoCounsel on March 1, 2023, that it would significantly contribute to the legal profession, never could we have imagined that its impact would lead to our becoming part of world technology and content leader Thomson Reuters just 5 months later; to going international before hitting our first anniversary; and to leading the charge to develop reliable, secure, professional-grade generative AI solutions well beyond the field of law.
Thank you to everyone who’s contributed to our success, particularly our beta testers, early adopters, and customers, whose thoughtful and continued engagement and input spur us to do more, and better, than we could without it. As you’ll see from the stats we’ve pulled together, it’s a whole new world out there in this age of generative AI, and we’re thrilled and proud to be shaping a better future for professionals, by responsibly deploying its incredible and unprecedented power in new and revolutionary ways.
Percentage of US lawyers and law students in March 2023 who thought generative AI would “significantly transform” their profession: 42
Percentage in the US, UK, France, and Canada who thought so 4 months later: 47
Percentage of US, UK, Canada, and Latin America legal, tax & accounting, and risk professionals who thought so just 1 month after that: 67
Generative AI legal tech product that debuted on MSNBC’s Morning Joe, March 1, 2023: CoCounsel
Number of legal tech products that have debuted with a live demo on a national television program: 1
Number of articles and broadcast pieces mentioning Casetext or CoCounsel since launch: 194
Number of words read by CoCounsel to date: 640,000,000,000
Number of times you’d have to read the entire 7-volume Harry Potter series to equal this: 590,000,000
Number of years it would take a college-educated person, reading 8 hours a day and 365 days a year, to do so: 12,168
Number of months it would take every single one of the 17,386 lawyers at the world’s top 5 firms, reading 8 hours a day and 365 days a year, to do so: 8
Approximate number of individual documents this is: 1,280,000,000
Laid end-to-end, number of times these documents would circle Earth: 8.9
Percentage of the way they would reach from Earth to the moon: 93
Number of individual tasks, including legal research, document review, and contract analysis, CoCounsel has performed since launch: 1,143,846
Number of people working on CoCounsel at the time of its March 2023 launch: 111
Percentage increase in this number since Casetext joined Thomson Reuters in August 2023: 1,500+
Since its launch, number of invited talks, lectures, presentations, and keynotes given by the CoCounsel team about the product, technology, and generative AI landscape: 100+
The generative AI large language model (LLM) that powers CoCounsel: GPT-4
The first and only LLM to pass the Uniform Bar Exam, scoring higher than 90% of human test-takers: GPT-4
Peer-reviewed journal that published the paper co-authored by CoCounsel scientists demonstrating this achievement by GPT-4: Philosophical Transactions of the Royal Society
Other scientists whose work has been published in this journal: Isaac Newton, Charles Darwin, Alan Turing
Number of professional publications, including Chief Justice John G. Robert Jr’s “2023 Year-End Report on the Federal Judiciary,” that have cited the paper: 100+
As of a year ago, percentage of US, UK, France, and Canada lawyers who said they’ve employed or plan to employ a general-use LLM, such as ChatGPT, in their work: 43
Number of lawyers to date sanctioned or in danger of being sanctioned for submitting to the court false information generated by a general-use LLM such as ChatGPT: At least 10
Number of lawyers who’ve used professional-grade CoCounsel since launch: 17,298
Number of lawyers sanctioned or in danger of being sanctioned for CoCounsel-generated results: 0
In its first year in market, number of CoCounsel-related patents issued or allowed: 5
Number of additional CoCounsel-related patents filed: 5
Number of countries where CoCounsel was available at launch: 1
Number where it will be available by mid-2024: 4
Percentage increase in the number of lawyers who can access it that this represents: 33
Percentage of Am Law 10 firms that have already adopted CoCounsel: 60
Percentage of legal, tax & accounting, and risk professionals who think generative AI will make their skills obsolete 5 years from now: 33
Percentage more of them who think generative AI will make their skills more highly prized: 94
Rapidly draft common legal letters and emails.
How this skill works
Specify the recipient, topic, and tone of the correspondence you want.
CoCounsel will produce a draft.
Chat back and forth with CoCounsel to edit the draft.
Get answers to your research questions, with explanations and supporting sources.
How this skill works
Enter a question or issue, along with relevant facts such as jurisdiction, area of law, etc.
CoCounsel will retrieve relevant legal resources and provide an answer with explanation and supporting sources.
Behind the scenes, Conduct Research generates multiple queries using keyword search, terms and connectors, boolean, and Parallel Search to identify the on-point case law, statutes, and regulations, reads and analyzes the search results, and outputs a summary of its findings (i.e. an answer to the question), along with the supporting sources and applicable excerpts.
Get answers to your research questions, with explanations and supporting sources.
How this skill works
Enter a question or issue, along with relevant facts such as jurisdiction, area of law, etc.
CoCounsel will retrieve relevant legal resources and provide an answer with explanation and supporting sources.
Behind the scenes, Conduct Research generates multiple queries using keyword search, terms and connectors, boolean, and Parallel Search to identify the on-point case law, statutes, and regulations, reads and analyzes the search results, and outputs a summary of its findings (i.e. an answer to the question), along with the supporting sources and applicable excerpts.
Get a thorough deposition outline in no time, just by describing the deponent and what’s at issue.
How this skill works
Describe the deponent and what’s at issue in the case, and CoCounsel identifies multiple highly relevant topics to address in the deposition and drafts questions for each topic.
Refine topics by including specific areas of interest and get a thorough deposition outline.
Ask questions of contracts that are analyzed in a line-by-line review
How this skill works
Allows the user to upload a set of contracts and a set of questions
This skill will provide an answer to those questions for each contract, or, if the question is not relevant to the contract, provide that information as well
Upload up to 10 contracts at once
Ask up to 10 questions of each contract
Relevant results will hyperlink to identified passages in the corresponding contract
Get a list of all parts of a set of contracts that don’t comply with a set of policies.
How this skill works
Upload a set of contracts and then describe a policy or set of policies that the contracts should comply with, e.g. "contracts must contain a right to injunctive relief, not merely the right to seek injunctive relief."
CoCounsel will review your contracts and identify any contractual clauses relevant to the policy or policies you specified.
If there is any conflict between a contractual clause and a policy you described, CoCounsel will recommend a revised clause that complies with the relevant policy. It will also identify the risks presented by a clause that does not conform to the policy you described.
Get an overview of any document in straightforward, everyday language.
How this skill works
Upload a document–e.g. a legal memorandum, judicial opinion, or contract.
CoCounsel will summarize the document using everyday terminology.
Find all instances of relevant information in a database of documents.
How this skill works
Select a database and describe what you're looking for in detail, such as templates and precedents to use as a starting point for drafting documents, or specific clauses and provisions you'd like to include in new documents you're working on.
CoCounsel identifies and delivers every instance of what you're searching for, citing sources in the database for each instance.
Behind the scenes, CoCounsel generates multiple queries using keyword search, terms and connectors, boolean, and Parallel Search to identifiy the on-point passages from every document in the database, reads and analyzes the search results, and outputs a summary of its findings (i.e. an answer to the question), citing applicable excerpts in specific documents.
Get a list of all parts of a set of contracts that don’t comply with a set of policies.
Ask questions of contracts that are analyzed in a line-by-line review
Get a thorough deposition outline by describing the deponent and what’s at issue.
Get answers to your research questions, with explanations and supporting sources.