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TRI shares declined more than 30% since July, indicating investor concerns and skepticism about future growth amidst rising competition.
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Thomson Reuters faces increased competition in legal tech amidst AI advancements. CoCounsel product growth surpasses rivals amid concerns over generative AI. Shares fell over 30% since July due to Wall Street's tepid response. CEO emphasizes the importance of their unique legal data and AI strategy. OpenAI's potential entry into legal tech raises concerns for traditional firms.
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