How Thomson Reuters, Anthropic and other companies built an AI that lawyers trust

Thomson Reuters has a major AI initiative for tax professionals. The company has partnered up with Anthropic is to use its Claude Ai is a technology that has been integrated into its tax tools. This is one of the biggest AI rollouts within the tax and accounting industries.

The heart of this initiative, is CoCounselis Thomson Reuters’ AI platform designed for legal and tax professionals. The system runs on Amazon. Secure cloud infrastructureensures that sensitive client data remains protected while providing AI-powered insights.

In an exclusive interview with VentureBeat, Joel Hron said, “We combine expert human knowledge with advanced technologies.” “We have experts from many different domains creating content and workflows. AI is a tool that allows us to distribute this expertise through our software.

How Thomson Reuters built a platform for tax AI using 150 years of professional content.

This company has built a comprehensive RAG architecture connects Claude with Thomson Reuters’ vast database of knowledge, which includes content from over 3,000 subject-matter experts and 150 years worth of professional publications. Rob Greenlee from Anthropic’s head of industries explained the technical approach to Claude in an exclusive interview. “Claude’s basis in understanding complex professional fields like law and taxes comes from comprehensive training in a variety of high-quality texts including professional and academic contents.” For our work with Thomson Reuters we’ve taken a few additional steps… We work closely with Thomson Reuters in order to optimize Claude’s performance by leveraging their authoritative content and domain knowledge.

Inside the strategic deployment multiple AI models for professional service

Thomson Reuters strategically deploys different versions of Claude based upon task complexity. The company uses Claude 3 Haiku (19459060) for rapid processing tasks Claude 3.5 Sonnet is a powerful tool for detailed analyses.

Early Results show Significant Efficiency Gains. Hron said that customers are reporting significant efficiency gains. “Professionals not only save time, but also elevate the level of work that they focus on. They maintain quality while delivering a more strategic value to clients.”

Amazon Bedrock is what Hron described as “a robust, battle-tested cloud architecture that adheres to enterprise-grade security throughout its entire lifecycle.”

Enterprise AI deployment sets new standards for security and professional confidence

Thomson Reuters’ collaboration with Anthropic, combining advanced AI abilities with domain expertise and a secure infrastructure, represents a new enterprise AI deployment model. Greenlee said that the combination of Anthropic’s advanced AI capabilities and Thomson Reuters’ deep domain expertise with authoritative content makes this partnership especially valuable. Thomson Reuters will expand its use of Claude in the future, exploring agent frameworks to simplify complex tax workflows, and computer vision capabilities that can help editorial teams curate more efficiently. Hron said that “we’ve been vocal in our AI investment, as a strategy for our products moving forward.” “Our editorial staff spends a lot of time creating and curating content. We see great potential to accelerate this process with Anthropic’s computer vision and tools use capabilities.” Thomson Reuters’ approach to AI deployment could be a model for other enterprises that want to maintain professional standards and data protection.

Correction: Feb. 11, 2020: A previous version of this article incorrectly stated Thomson Reuters’ usage of Claude AI. The technology is used exclusively for tax services at CoCounsel and not for legal services.