The Total Economic Impact™ of Thomson Reuters CoCounsel Legal

In-house legal teams face growing workloads and rising expectations to respond quickly to the business, all while operating in increasingly complex regulatory environments. Thomson Reuters CoCounsel Legal helps legal departments handle more work without adding headcount, accelerating research, contract review, and document analysis so attorneys can redirect their time toward higher-value, strategic work.

A commissioned study conducted by Forrester Consulting on behalf of Thomson Reuters in August 2026 found that CoCounsel Legal delivered a 222% return on investment over three years, driven by significant gains in legal research and contract review efficiency.

See the ROI Uncovered by the Forrester TEI Study
Obtain a complimentary copy of The Total Economic Impact™ Of Thomson Reuters CoCounsel Legal to build a business case for the potential impact CoCounsel Legal could have on your legal department's capacity and throughput.

Key Findings
Three-year, risk-adjusted present value (PV) quantified benefits for the interviewee's organization include:

• 222% return on investment over three years with a less-than-six-month payback period
• Increased legal research efficiency delivering approximately $1.5 million in value over three years, as attorneys saved an average of 0.5 to 1.5 hours per day across 26 active users
• Increased contract review efficiency delivering approximately $571,000 in value over three years, with contract review time reduced by up to 75%
• An 87% adoption rate within the legal department

Since this study was conducted, CoCounsel Legal has undergone substantial transformation, with expanded capabilities, significant feature enhancements, and continued innovation that build on the capabilities evaluated here. The findings reflect the value achieved with the product at that time and provide a benchmark for the continued advancements delivered since.