FAQs
What is ThoughtRiver?
ThoughtRiver is a highly accurate AI contract review tool deployed to some of the world’s leading corporations and law firms. We work via email, Word or web and integrate into any workflow for pre-signature or post-signature contract review.
How does ThoughtRiver reduce review times?
ThoughtRiver reviews contracts automatically using our proprietary LLM Lexible to flag key issues, obligations and risk within minutes. Our generative AI features make contract editing quick and simple – mimicking your drafting style and negotiation guidelines.
Who is ThoughtRiver for?
ThoughtRiver is focused on in house teams and law firms that process over 200 agreements per annum. We also support non-legal teams with a need to reduce legal workflow and close transactions quickly.
How does ThoughtRiver Work?
ThoughtRiver reviews any contract against a pre-set criteria known as a “Playbook”. Our technology then provides results on met and unmet provisions in the contract to allow the user to produce an output or redline the agreement. Our AI approach includes explainability and an audit file to keep your records and decisions organized and sound.
How is ThoughtRiver different to other “Legal” AI tools?
Most legal AI tools are using generic foundational models to serve up intelligence which trained on a limited quantity of legal documents. At ThoughtRiver, accuracy is key. Thus, we’ve built our own LLM to ensure the highest quality and grade of Legal AI. By combining multiple AI models, we deliver accuracy and speed.
How does ThoughtRiver protect Sensitive Legal Data?
ThoughtRiver designed a proprietary and patented system to anonymize sensitive information before being processed by any model.
Are you ISO27001 accredited?
Yes. We have held certification for many years.