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Casetext

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AI-Powered Legal Research & Document Review (CoCounsel)

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Employees
Approximately 100 at time of acquisition (2023); current figure not confirmed, now operates under Thomson Reuters
Founded
2013
HQ
California

About

AI-Powered Legal Research & Document Review (CoCounsel)

Casetext is an AI legal technology company founded in 2013 by Jake Heller (CEO), originally backed by Y Combinator. The company built CoCounsel, an AI legal assistant powered by GPT-4 (Casetext had early access to the model), delivering document review, legal research memos, deposition preparation, and contract analysis. Per its own reporting at the time, Casetext served more than 10,000 law firms and corporate legal departments and employed approximately 100 people. In August 2023, Casetext was acquired by Thomson Reuters Corporation (NYSE/TSX: TRI) for $650 million in cash, one of the largest deals in the legal tech space at the time, and now operates as part of Thomson Reuters' broader AI and legal technology offerings, alongside products like Westlaw and Practical Law.

HQ: California (specific city/address not confirmed in sources checked — verify before publishing).

Who they work with

Law firms and corporate legal departments

Service lines

Service mix not provided

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Client size split

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Industries served

  • Legal Tech
  • Legal Services
  • Artificial Intelligence
  • SaaS

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Services

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Locations

Headquarters

California

United States

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Portfolio

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