ThoughtRiver is an integrated contract intelligence and workflow management platform providing automated metadata capture, evaluation, workflow/governance and insight.
ThoughtRiver
Intelligent Contract Pre-screening
Automated and bespoke interrogation of your contracts, providing a risk assessment and recommended next steps.
Telephone: +44 (0)1223 423 444
Address :
Merlin House Merlin Place Milton Road Cambridge
Post Code: CB4 0DP
Country: United Kingdom
Website: http://www.thoughtriver.com
Membership Type: Corporate 21-50
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,
- suggesting what to do next.
It works by deploying a sophisticated machine learning and natural language processing (NLP) engine which understands the contract at the sentence level. The 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.
Headquartered in London and Cambridge, with offices in New Zealand and Singapore,ThoughtRiver draws on the expertise of experienced industry lawyers, leading-edge computational linguists and a customer-focused commercial team.
ThoughtRiver, the market leader in automated contract review and pre-screening, has today announced $10M (£7.5M) in Series A funding. The round is led by Octopus Ventures, a leading European venture capital firm which invests in technology innovation leaders.
08-09-2020
The next generation of lawyers, which has seen careers and training disrupted by the Covid-19 pandemic, is now being offered professional training through a series of virtual webinars.
12-05-2020
PwC is collaborating with technology firm ThoughtRiver to drive innovation in its legal practice by building products on top of ThoughtRiver’s proven technology platform.
05-02-2020
ThoughtRiver, the market leader in intelligent legal pre-screening, has announced today that it has been selected for the exclusive Tech Nation accelerator programme, ‘Upscale’, and will be coached over the next six months by some of the UK’s most successful entrepreneurs and leading startup founders.
30-01-2020
A new partnership between ThoughtRiver and Taylor Vinters has seen an automated customer review service be established.
27-11-2019
Joanna Goodman of Evolve the Law caught up with Tim Pullan, founder and CEO of ThoughtRiver, at Legal Geek in London.
29-10-2019
ThoughtRiver has produced a new downloadable guide on how technology can help managed legal services providers to extract the full value of their client relationships.
16-10-2019
ThoughtRiver, the market leader in intelligent legal pre-screening, has announced that its core platform, which standardises the interpretation and review of legal contracts, is to be used in a broader technology play that represents a significant investment by PwC.
16-10-2019
ThoughtRiver, the market leader in intelligent legal pre-screening, has been shortlisted for two awards in the 2019 FT/RSG Intelligent Business Forum and Awards.
11-10-2019
ThoughtRiver, the market leader in intelligent legal pre-screening, has announced that its core platform, which standardises the interpretation and review of legal contracts, will now be available on the Microsoft Office platform via a Microsoft Word plug-in. The new plug-in will give lawyers and other legal professionals the ability to automatically review and remediate contracts directly...
26-09-2019
ThoughtRiver, the market leader in intelligent legal pre-screening, has announced the appointment of Richard Cobb as vice-president of Sales, as part of the company’s continuing international growth. The Cambridge-based AI firm has experienced significant pick up across the UK, US, and APAC markets, and grown headcount across the business by 100%, over the past year.
17-09-2019
Around the world, millions of schoolchildren are going on strike to protest global inaction on Climate Change.
03-09-2019
ThoughtRiver, the market leader in automated contract pre-screening, has announced the signing of a strategic relationship between themselves, G4S (global integrated security company), and Eversheds Sutherland (Global law firm). The project empowers G4S’s in-house lawyers with ThoughtRiver’s AI-based platform to drive a faster, more efficient and consistent initial review of all inbound...
01-07-2019
Address increased customer expectations with fast, incisive AI technology that your legal staff will welcome.
25-06-2019
ThoughtRiver, the market leader in intelligent pre-screening, has publicly launched ‘Lexible’, a radical new legal language that will save millions of working hours every year for global businesses by standardising the interpretation and review of contracts.
25-06-2019
Technology is enabling GCs to work more efficiently, businesses to grow, and risks to be minimised.
21-06-2019
Position your law firm to succeed – and even thrive – in this new environment.
20-06-2019
The adoption of innovative contract pre-screening technology offers transformative opportunities to law firms and general counsel alike.
19-06-2019
ThoughtRiver’s latest platform update allows users to become Lexible authors and create new Lexible Properties.
18-06-2019
UK and Singapore-based start-up ThoughtRiver has launched ‘Review’, an Artificial Intelligence (AI) contract review solution that can assess legal contracts an average of 60 times faster and 30 percent cheaper than the typical paralegal*.
18-09-2017
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20/10/2020
Software Engineer
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Technical Operations and Support Engineer
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Senior Enterprise Account Executive, London or Cambridge
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Enterprise Account Executive, London or Cambridge
We’re looking for an Enterprise Account Executive to join our UK Sales team to facilitate a period of growth. You will take...
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Account Executive (US)
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Technical Operations Manager
The Company
ThoughtRiver is disrupting legal services by enabling lawyers to review contracts...
Location: Cambridge
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20/10/2020
Data Scientist – Machine Learning / Natural Language Processing
ThoughtRiver, the market leader in intelligent legal pre-screening, is disrupting legal services by enabling lawyers to...
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20/10/2020
Legal Technologist
We have an opening for a Legal Technologist to join our Content Squad, supporting our Out of the box team. This role will be...
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20/10/2020
Data Scientist – Machine Learning / Natural Language Processing
We're looking for an experienced and collaborative Data Scientist who has made NLP their professional and/or personal...
Location: Cambridge
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Competitive
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