Thomson Reuters Stock Rises 5% on AI Adoption by Legal Firms
On Tuesday, 7 July 2026, Thomson Reuters (NYSE:TRI) shares increased by 5%, pushing the stock to its highest level since early May. The price movement followed a Bloomberg Law report in which chief legal officers from several major corporations – specifically Toshiba Americas Group, the law firm Major, Lindsey & Africa, and Graybar Electric – stated that artificial intelligence will empower their lawyers rather than replace them. These legal professionals indicated that they are actively using AI tools within their firms and view the technology as enhancing the confidence of in‑house counsel.
The market reaction reflects a broader acceptance of AI applications within the legal profession, a key customer segment for Thomson Reuters’ suite of legal research and workflow solutions offered to law firms and corporate legal departments. The company has been investing in AI‑powered capabilities across its legal and professional services platforms, positioning itself to benefit from the anticipated increase in AI adoption across the legal industry.
The article was generated with the support of artificial intelligence and subsequently reviewed by an editor, as noted in the publication disclaimer.