Thomson Reuters Corporation

A professional-information giant selling legal, tax and news data and software to experts

What Thomson Reuters does

Thomson Reuters provides information, software and workflow tools to professionals in law, tax and accounting, and government, plus the Reuters news agency. Its products help lawyers research case law, accountants handle tax and compliance, and businesses manage risk — largely through subscription platforms.

How Thomson Reuters makes money

Thomson Reuters earns the large majority of its revenue from recurring subscriptions to its legal (Westlaw), tax and accounting, and risk/compliance platforms, supplemented by transaction and news revenue. High renewal rates, embedded workflows and continual content updates make the subscriptions sticky and predictable.

Products & services

• Westlaw (legal research)
• tax & accounting software (UltraTax, ONESOURCE)
• risk & compliance tools
• Reuters news