ThoughtRiver

What is ThoughtRiver?

ThoughtRiver is an AI-powered platform that excels in reviewing complex legal documents accurately and efficiently. Traditional contract review processes that usually take qualified lawyers hours to complete with a certain accuracy rate can be significantly expedited by ThoughtRiver, which achieves over 90% accuracy in less than 3 minutes for the same task. The platform is endorsed by various professionals in the legal and commercial fields, such as Joe Stephenson from Shoosmiths, Kate Wegryzn from Foley & Lardner LLP, and Hamish Gray from Hoare Lea. ThoughtRiver's Contract Acceleration Platform (CAP) leverages advanced AI technology to streamline and optimize contract management processes, offering unparalleled scrutiny and insight into legal documents. It caters to a range of users in enterprises, including Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement, across industries like Construction and Law Firms. The ThoughtRiver ecosystem goes beyond the platform itself, providing valuable resources such as blogs, eGuides, webinars, demos, and case studies to support users in revolutionizing their contracting experience.

Who created ThoughtRiver?

ThoughtRiver was created by Joe Stephenson, who is described as the Partner and Head of IT & Technology at Shoosmiths. The company's platform can review complex supply agreements quickly and accurately, significantly outperforming qualified lawyers in both speed and accuracy. ThoughtRiver's Contract Acceleration Platform (CAP) leverages advanced AI technology to streamline and optimize the contract management process for various industries. The company focuses on providing robust support to legal professionals, business teams, and procurement departments, offering unparalleled scrutiny and insight into legal documents to improve efficiency and accuracy.

What is ThoughtRiver used for?

• Reviewing complex supply agreements in less than 3 minutes with >90% accuracy
• Freeing up time to focus on more complex, higher value initiatives for in-house legal counsel, business, and procurement teams
• Training AI to review appointments efficiently
• Automated contract review solution with unparalleled scrutiny and insight into legal documents
• Streamlining and optimizing the contract management process
• Support for Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement in enterprise solutions
• Helping key industry areas like Construction and Law Firms
• Providing valuable resources such as blogs, eGuides, webinars, product demos, and case studies
• Revolutionizing the contracting experience
• Ensuring robust support across various key industry areas
• Contract review
• Contract management process optimization
• Legal document scrutiny and insight
• Support for Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement
• Support for key industry areas such as Construction and Law Firms
• Reviewing complex supply agreements in less than 3 minutes with over 90% accuracy
• Ensuring a level of review for high-risk items while focusing on more complex, higher value initiatives
• Automated contract review
• Streamlining and optimizing contract management process
• Providing unparalleled scrutiny and insight into legal documents
• Catering to Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement in enterprise solutions
• Supporting various key industry areas including Construction and Law Firms
• Accessing comprehensive product overview and detailed feature insights
• Engaging with valuable resources such as blogs, eGuides, webinars, product demos, and case studies
• Freeing up time for in-house legal counsel, business, and procurement teams to focus on more complex, higher value initiatives
• Automated contract review solution for streamlining and optimizing contract management processes
• Supporting Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement in various industry areas
• Offering valuable resources such as insightful blogs, strategic eGuides, webinars, product demos, and case studies
• Revolutionizing the contracting experience with advanced AI technology
• Ensuring robust support for enterprise solutions
• Catering to key industry areas including Construction and Law Firms
• Ensuring level of review for high-risk items
• Freeing up time for more complex initiatives
• AI capability for reviewing appointments
• Enterprise solutions for Lawyers, GCs, Legal Ops, Sales Leadership, and Procurement
• Comprehensive product overview and detailed feature insights
• Valuable resources including blogs, eGuides, webinars, demos, and case studies

Who is ThoughtRiver for?

• Lawyers
• General Counsels
• Legal Ops professionals
• Sales Leadership professionals
• Procurement professionals
• Construction industry professionals
• GCs
• Legal Ops
• Sales Leadership
• Procurement

How to use ThoughtRiver?

To use ThoughtRiver's Contract Acceleration Platform (CAP) for automated contract review, follow these steps:

1. Access the Platform: Visit ThoughtRiver's website to explore the CAP, an automated contract review solution designed to optimize your contract management process.

2. Product Overview: Familiarize yourself with the platform by understanding its features and operational mechanics. The intuitive design ensures a user-friendly experience for efficient contract management.

3. Target Users: CAP caters to a range of professionals including Lawyers, General Counsels, Legal Operations teams, Sales Leaders, and Procurement professionals. It provides robust support across various industries like Construction and Law Firms.

4. Explore Resources: ThoughtRiver offers a wealth of additional resources such as blogs, eGuides, webinars, product demos, and case studies to enhance your understanding and utilization of the platform.

5. Engagement: Engage with the content provided on the platform to revolutionize your contracting experience. Learn how ThoughtRiver's AI technology can streamline and enhance the efficiency and accuracy of your contract management processes.

By following these steps, you can leverage ThoughtRiver's Contract Acceleration Platform to streamline your contract management process and enhance efficiency in reviewing legal documents.