# Thomson Reuters

> Thomson Reuters is a Toronto-based information and software company that arms lawyers, accountants, tax pros, corporations and governments with the research, workflow tools and trusted content they use to make high-stakes decisions. Built from the 2008 merger of Canada's Thomson Corporation and Britain's Reuters news agency, it now runs flagship platforms like Westlaw, Checkpoint and ONESOURCE, owns the Reuters newsroom, and is rebuilding its entire catalog around generative AI through its CoCounsel legal assistant.

- **Founded:** 2008
- **Headquarters:** Toronto, Ontario, Canada
- **Founders:** Paul Julius Reuter (Founder of Reuters (1851)), Roy Thomson (Founder of the Thomson newspaper empire)
- **Team size:** ~27,000-28,000 employees
- **Products:** Westlaw, CoCounsel, Checkpoint, ONESOURCE, Practical Law
- **Notable:** Traces its news operation to Reuters, founded in 1851 - one of the oldest news agencies in the world., Formed the modern company through the ~US$17 billion Thomson-Reuters merger in 2008., Acquired Casetext for $650 million in 2023 to accelerate its generative-AI strategy.

## Products & services

- **Westlaw** — Flagship legal research platform used by law firms, courts and corporate legal teams; now shipping with the CoCounsel AI assistant built in.
- **CoCounsel** — Generative-AI legal assistant (from the Casetext acquisition) that drafts memos, reviews documents, and prepares depositions in minutes.
- **Checkpoint** — Research and guidance platform for tax and accounting professionals.
- **ONESOURCE** — Corporate tax, trade and compliance software for enterprise finance teams.
- **Practical Law** — Know-how, templates and practical legal guidance written by expert attorney-editors.
- **Reuters** — Global news agency and real-time media service covering world, business and financial news.
- **CLEAR** — Investigative and risk platform for fraud detection, due diligence and public-records research.
- **Legal Tracker** — Matter and e-billing management for corporate legal departments.
- **UltraTax CS / GoSystem** — Professional tax preparation software for accounting firms.

## Achievements

- Traces its news operation to Reuters, founded in 1851 - one of the oldest news agencies in the world.
- Formed the modern company through the ~US$17 billion Thomson-Reuters merger in 2008.
- Acquired Casetext for $650 million in 2023 to accelerate its generative-AI strategy.
- Reached roughly US$7.66 billion in annual revenue with ~80%+ recurring subscription revenue.
- Rebuilt flagship Westlaw around a generative-AI assistant used across the legal profession.

## Latest updates

- **2025-04** — Retired the standalone Casetext product and folded CoCounsel technology into Westlaw, shipping as CoCounsel Legal.
- **2025-01** — Continued expanding its AI product line across legal, tax and risk, positioning generative AI as a core growth driver.
- **2026-01** — Guided toward 7.5-8.0% organic revenue growth for 2026 with expanding adjusted EBITDA margins.

## Links

- Website: https://thomsonreuters.com
- LinkedIn: http://www.linkedin.com/company/thomson-reuters
- Twitter/X: https://twitter.com/thomsonreuters
- GitHub: https://github.com/thomsonreuters
- YouTube: https://www.youtube.com/user/ThomsonReuters
- Instagram: https://www.instagram.com/thomsonreuters/
- Facebook: https://www.facebook.com/thomsonreuters

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Profile page: https://yespress.io/thomson-reuters
Published by YesPress — https://yespress.io
Last updated: 2026-08-13