Headquartered in London and Cambridge, ThoughtRiver draws on the expertise of experienced industry lawyers, leading-edge computational linguists and a customer-focused commercial team. We work in teams and stay focused by setting company and team level objectives which are visible to everyone.
During my 20 year career as a lawyer and executive, I was struck by the level of dysfunction in commercial transactions. It was the same the world over. The issue is not
When another company’s contract draft hits the inbox, lawyers must stumble through a fog of words to get to the key points. They want an assistant to pre-read documents, but there’s never the budget. Non-lawyers are put-off by unfamiliar technical language so have to wait for the legal team. Everything slows down.
One afternoon a few years ago I was speaking with a General Counsel about her team’s huge workload. I floated a traffic light system to speed her team up by automating pre-reading. This would speed up the review task by summarising contracts
Armed with a simple prototype, I gave up my job and searched for the expertise, collaborators and co-founders to make this a reality. Today we have offices in Cambridge, London, Singapore, New York and Auckland and a team of incredibly talented, energetic and committed individuals working to make contracting easier and faster for the world. Today our mission remains true to that first insight – in contracting, consistency means speed.
“I get to combine the knowledge gained through my legal education with my passion for technological solutions in a creative and unprecedented way. It's fantastic to be part of a trailblazing team, and that's what we do.”
ALEX MCADAM, CONTRACT INTELLIGENCE EXECUTIVE
