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"ThoughtRiver not only provides us a way of triaging contracts and prioritising our resources, it effectively provides us with another legal team."
Barry Rodick
Lead Consultant
Unmatched accuracy and efficiency – out of the box
We provide you with out-of-the-box accuracy. Our advanced AI technology and vast legal knowledge base has been trained by 2,000+ pre-trained Lexible questions built by our in-house lawyers - ensuring precise and reliable contract analysis and risk assessment for informed decision-making.
Accelerate contract signature readiness
Leveraging advanced natural language processing and machine learning algorithms, ThoughtRiver's AI-powered platform swiftly analyses contracts to extract vital information and identify risks, ensuring both rapid and consistent reviews for clients.
This accelerates the overall review process and maintains a uniform approach in contract assessment.
Increased knowledge sharing and team productivity
The platform centralises contract data and insights, fostering organisation-wide knowledge sharing.
With a single source of truth, teams collaboratively access and leverage contract information, enabling informed cross-departmental collaboration, better decision-making, and effective utilisation of expertise across the organisation.
Enhance workflow efficiency across the business
ThoughtRiver seamlessly integrates with Microsoft 365, allowing users to work in familiar tools like Microsoft Outlook, Word and Teams, boosting workflow efficiency.
Contracts can be accessed and collaborated on within your existing Microsoft 365 setup, streamlining document management, enabling real-time collaboration, and simplifying information sharing across your teams.
Unlock key data within your contracts
Our AI platform automatically identifies, extracts and analyses key information, such as key terms, obligations, showstopper clauses and risks, enabling users to gain valuable insight without the need for manual review.
Operate your business more effectively
Assess contract health, spot risks and make informed decisions to safeguard your best interests.
Create custom AI playbooks
Work with our team or even create a DIY AI playbook directly in our platform, specific to your business needs, ensuring a precise and efficient contract review process.
Custom playbooks enable users to automate the identification of specific clauses, obligations, or risk factors unique to their industry or business requirements, saving time, reducing errors, and enhancing overall contract management effectiveness.
Increase deal velocity
Our platform drastically enhances deal velocity, reducing contract review processes by over 70% and swiftly moving clients towards revenue realisation.
By utilising advanced contract review capabilities, bottlenecks and delays are eliminated, allowing for rapid progress from negotiations to contract finalisation, empowering clients with a competitive edge and unprecedented efficiency in seizing revenue opportunities.
"ThoughtRiver helps shorten review time without compromising high-quality standards. It also reduces operating expenses and gives general counsel offices greater ability to accurately budget legal costs."
Chanley Howell
Partner at Foley & Lardner LLP