December 2024
Best resources for legal professionals
California law overview and resources such as templates, state comparisons, and practice notes for legal professionals ← Blog home California is a leader in many areas of the law, including individual rights, environmental protection, the right to privacy, gun control, anti-discrimination, and issues affecting the tech industry. Laws in California come from the state constitution, […]
Law firm success checklist: M&A transaction workflow
An end-to-end platform improves accuracy, client satisfaction, and time-to-close ← Blog home In the complex work of mergers and acquisitions, the payoff for your clients can be huge – but so can the risks. With numerous stakeholders, variable market conditions, and multiple revisions, the deal process can get derailed by any number of factors, including […]
What is res judicata?
Definition, examples, and related resources ← Blog home In order to prevent needless waste of judicial time and energy, it is critical to ensure litigants do not overburden courts with redundant and duplicative proceedings. There are several legal doctrines aimed at that important preservation, most notably, “res judicata.” Jump to ↓ Definition Elements Res judicata […]
Consideration in contracts: Elements and types
Elements and types of consideration in contracts. Research resources such as practice notes and templates contract law • elements of contracts • consideration A contract is an agreement between two or more parties that is enforceable by law. The word enforceable means that if a party fails to perform part of its obligations, the other […]
Risk scores: Overview
A way to enhance the risk management framework ← Blog home Jump to ↓ Have you ever calculated the risk of a personal decision – perhaps when buying a house, choosing an investment, or even deciding whether to bring an umbrella based on the weather forecast? If so, you’ve engaged in informal risk […]
Building digital trust into your onboarding tech stack [infographic]
What is “digital trust” and why does it matter? The threat of financial crime is ever-present. Fraud costs nearly $500 billion last year and staying ahead of criminals is a major challenge. To identify risks, protect customers and maintain compliance, financial institutions need robust cyber security measures and efficient onboarding processes, so you can act […]
Transforming legal workflows with customized AI models
← Blog home In the rapidly advancing world of artificial intelligence, the strategic customization of large language models (LLMs) such as GPT-4 is revolutionizing legal workflows. By integrating specialized models from leading innovators like OpenAI, Google, and Anthropic, we at Thomson Reuters are setting a new benchmark for AI implementation, optimizing each model for specific […]
Best resources for legal professionals
That the general, great and essential principles of liberty and free government may be recognized and established, we declare: Sec. 1. FREEDOM AND SOVEREIGNTY OF STATE. Texas is a free and independent State, subject only to the Constitution of the United States, and the maintenance of our free institutions and the perpetuity of the Union […]
Intro to retrieval-augmented generation (RAG) in legal tech
Introduction to retrieval-augmented generation (RAG). Why data is the new gold while content is still king ← Blog home Highlights: RAG is a method of using AI to generate text by first retrieving relevant documents and then using those documents as inputs to the AI. RAG improves the accuracy and reliability of AI-generated text, […]
Definition, examples and critical analysis
Definition, background and legal research resources for attorneys Legal terms • precedent • stare decisis Stare decisis, meaning in Latin “to stand by things decided,” is a legal principle that directs courts to adhere to previous judgments — or judgments of higher or tribunals — as it has persuasive and binding authority while resolving a […]