ThoughtRiver addresses a fundamental problem for lawyers: you simply don’t know which part of a contract to focus on without reading it all. Our pre-screening technology automates this review process by reading the contract, answering key questions and suggesting what to do next.
This works by deploying a sophisticated machine learning and natural language processing (NLP) engine which understands the contract at the sentence level.
Our Lexible framework then asks and answers thousands of individual questions of that contract to build a detailed picture of the obligations and rights within it.
These answers are then compared against your own playbook to produce a bespoke risk assessment and a decision on next steps for each contract. Most commercial agreements are reviewed within minutes.
ThoughtRiver also allows clients to explore their contracts portfolios with our BI dashboards, and integrate our intelligence with their existing tools and services using the Microsoft Flow RPA tool.
Users must have an active subscription with ThoughtRiver to be able to login to the Word add-in and use all features. To discuss pricing please contact us at firstname.lastname@example.org