Thomson Reuters, Icertis, Accenture Form AI Contract Intelligence Partnership

TORONTO and BELLEVUE, Wash. (Sept. 8, 2025) – Thomson Reuters, Icertis, and Accenture announced a strategic partnership to integrate artificial intelligence into contract management, aiming to streamline workflows, improve compliance, and enhance enterprise collaboration.

The collaboration combines Thomson Reuters’ CoCounsel, an AI legal assistant, with Icertis’ contract intelligence platform to automate drafting, review, and analysis. Accenture will help accelerate client adoption of the technology across industries.

The integrated system is designed to reduce the time and cost of managing contracts, while enabling functions such as procurement, sales, and human resources to operate more efficiently under legal oversight. Companies could also see fewer contract-related disputes, potentially reducing reliance on outside legal counsel.

Laura Clayton McDonnell, president of Corporates at Thomson Reuters, said the partnership aims to transform how organizations manage contracts by embedding AI across business functions. Anand Veerkar, chief revenue officer at Icertis, said the collaboration would leverage one of the largest contract data repositories to deliver a seamless experience for legal teams.

Accenture will play a central role in guiding clients through the integration process. Christina Demetriades, who leads Accenture’s legal and contract transformation practice, said demand for advanced legal technology is rising as companies seek to reinvent their operations.

The alliance highlights a shift toward enterprise-wide contract management as a shared responsibility, balancing efficiency with compliance.