THOMSON REUTERS: AI-POWERED PROFESSIONAL SERVICES

CEO Strategic Memo

June 2030 | CEO Edition

Thomson Reuters has an AI opportunity: CoCounsel can disrupt legal research and documentation.

Strategy: Aggressively monetize AI capabilities through new products, pricing, and services. Target: CoCounsel revenue to reach $500M annually by 2033.

This requires balancing: (1) Disrupting existing customer revenue, (2) Capturing new AI-enabled revenue, (3) Managing customer transition.

Target: 7% CAGR through 2035 via AI monetization offsetting traditional content decline.