DealCloser Embeds CoCounsel Legal to Streamline Document Review Across the Full Transaction Lifecycle

DealCloser advances its AI ecosystem with in-workflow document review and analysis capabilities

LONDON — 12 May 2026 — The legal industry is entering a new phase where artificial intelligence is becoming foundational to how legal work gets done. As part of its mission to bring AI-enabled, agentic transaction management to market, DealCloser is expanding its platform with capabilities that embed intelligence directly into the deal workflow.

Today, DealCloser and Thomson Reuters announced an integration that brings CoCounsel Legal’s AI-powered document review technology directly into the DealCloser platform, marking the next step in expanding AI capabilities within transaction workflows. By combining DealCloser’s agentic transaction management platform with fiduciary-grade AI from Thomson Reuters, the integration enhances how legal teams manage transactions across the full transaction lifecycle.

With this launch, DealCloser becomes one of the first third-party platforms to embed CoCounsel functionality outside of Microsoft and select bespoke customer implementations. The integration signals a move away from fragmented workflows toward a connected, intelligent transaction environment.

By embedding CoCounsel Legal directly into the platform, legal professionals can review, analyze, and act on deal documents within a single workflow, eliminating the need to move between systems at the most critical stages of a deal.

“The future of legal work will not be powered by disconnected tools, but by intelligent systems that operate within the workflow itself,” said Jag Dhariwal, CEO of DealCloser. “This integration is an important step in our broader AI strategy. With the recent launch of Cloe, the first AI Deal Assistant, we’ve defined a new category of transaction management where analysis, collaboration, and execution are unified in a single system. Bringing CoCounsel, Thomson Reuters AI technology, into that system expands those capabilities and reflects our commitment to continuously integrating leading AI solutions to further support our customers.”

“As AI tools proliferate across legal workflows, the challenge is no longer access to insight—it’s turning that insight into structured, executable work,” said Mike O’Connor, CTO of DealCloser. “DealCloser acts as the connective layer between probabilistic AI systems and the deterministic workflows that transactions depend on. With integrations like CoCounsel Legal, we’re ensuring that analysis doesn’t live in isolation, but is immediately translated into structured action.”

From Fragmented Tools to Integrated Intelligence

Historically, document review has required lawyers to step outside their transaction platform to upload files into separate systems, analyze them in isolation, and manually reconnect insights to the deal. This disconnect slows teams down, introduces risk, and creates friction at the moments where clarity and speed matter most.

DealCloser and Thomson Reuters are establishing a new model in which AI supports the entire workflow:

  • AI-powered workflows: DealCloser unites tools, documents, and stakeholders in a single workspace powered by Cloe, which executes tasks, keeps deals on track, and improves outcomes by leveraging historical deal data.
  • Embedded document review: CoCounsel Legal’s capabilities are natively integrated within DealCloser, removing the need for manual uploads to separate tools.
  • Reusable AI skills: Create and save customized CoCounsel Legal prompts within DealCloser for repeatable workflows, saving time and ensuring consistent analysis across documents and deals. Then, use Cloe to turn insights into action, such as updating checklists and generating tasks.
  • In-workflow analysis: Contracts, amendments, exhibits, and supporting documents are analyzed in place, with key obligations, risks, and issues surfaced in real time.
  • Trusted, enterprise-grade AI: CoCounsel Legal is rigorously tested by legal professionals and trusted by more than 20,000 law firms and legal departments, with ongoing validation to ensure accuracy across complex legal tasks.

The result is a more seamless, controlled, and efficient approach to legal work, where insight and execution happen together.

Powering the Most Critical Moments in a Deal

The integration delivers immediate impact across the full transaction lifecycle:

Due Diligence
Diligence is often defined by scale and complexity. DealCloser facilitates the process with advanced checklists, granular permissions, and collaborative workflows. CoCounsel Legal adds a powerful analytical layer by reviewing entire document sets to identify obligations, flag risks, and surface inconsistencies across documents. This allows teams to focus on judgment rather than manual review.

Contract Review & Negotiation
Negotiations demand rapid, informed decision-making across evolving drafts. DealCloser centralizes version control and enables in-app comparison and collaboration, while CoCounsel Legal provides AI-driven review and analysis that flags problematic clauses, summarizes obligations, and identifies issues without disrupting the flow of negotiation.

Closing Preparation & Execution
At closing, precision is non-negotiable. CoCounsel Legal reviews full document sets within DealCloser to confirm key terms, detect inconsistencies, and surface outstanding issues, supporting a more predictable and controlled path to closing. Once documents are finalized, DealCloser automates signature management, from signature page creation or extraction to e-signature tab placement, real-time tracking of signature status, and the creation of closing sets in minutes.

“We’re excited to build on our partnership with DealCloser as we advance a shared vision for more intelligent, connected legal workflows,” said Raghu Ramanathan, President, Legal Professionals, Thomson Reuters. “Together, we’re helping legal teams manage transactions end to end with greater speed, clarity, and confidence. What we’re seeing from early adopters confirms the opportunity ahead, a foundation that will only strengthen as the integration deepens and our combined AI capabilities continue to evolve.”

Legal teams can explore the power of AI in transaction management today by visiting DealCloser or Thomson Reuters to request a demo. Get a firsthand look at how CoCounsel Legal’s document review capabilities, now integrated directly within DealCloser, are enabling faster, more accurate, and more connected deal execution.

About DealCloser

DealCloser, a majority-owned portfolio company of Bryce Catalyst, is a transaction management solution designed to maximize legal teams’ productivity and enable faster closings. The all-in-one platform accelerates deal timelines by eliminating inefficiencies and delivering the automation and speed for seamless transactions. With DealCloser, legal professionals can streamline every stage of the closing process, from creating and managing checklists to simplifying contract negotiations, automating signature page workflows, and generating complete closing sets in seconds.

Trusted by firms across a broad range of transaction types, including M&A, banking and finance, real estate, venture capital, private equity, and restructuring, DealCloser brings simplicity, speed, and precision to deal management. For more information, visit dealcloser.com.

About Thomson Reuters

Thomson Reuters (TSX/Nasdaq: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit thomsonreuters.com.

Media Contact

Damien Black

Director of Marketing

damien.black@dealcloser.com

317-397-7598

www.dealcloser.com

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