<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=398129&amp;fmt=gif">

Pre-screening

Automated prioritization of contracts for large and busy legal functions.

Why pre-screen contracts?

Legal budgets are tightening, while contract flow has increased. Many hours are spent performing a review of contracts that are in fact not risky, wasting both time and the firm's money. As a result, in-house lawyers can become reactive, with their jobs frustratingly bogged down by tasks far below their capabilities.

95-percent
0%

Up to 95% time saved for initial contract review

85-percent
0%

Up to 80% costs saved for initial contract review

focus-on-strategy

Free your in-house team to focus on strategy, not NDAs

Summarize contract data into actionable recommendations

Our pre-screening tool understands the complex information present in a contract and compares your contractural positions against a bespoke playbook. This is rolled up into a single recommended action that a business user or lawyer can easily act upon.

summarize-contract
prioritize-resources

Prioritize your focus and resources

Our pre-screening tool tells lawyers which contracts warrant more attention and where exactly they should look.

ThoughtRiver in action

We are helping a major U.S. bank to pre-screen service agreements, SOWs and licensing agreements. We are able to help them review these contracts in around 3 minutes at a cost of $35 each; they had previously spent an average of 2-3 hours at a cost of $200 on each review.

“In a like for like comparison ThoughtRiver was faster and more accurate with its pre-screening than members of my legal team.”
GC, Global Manufacturer

Turning the future vision of the GC into today's reality

Learn how automated contract pre-screening technology can free up an in-house legal team to deliver strategic and commercial value to the wider business.

2019-03-07

Schedule a one-to-one demo

Book a demo