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.
CoCounsel Index
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
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