ThoughtRiver

What is ThoughtRiver?

ThoughtRiver is an AI-powered platform for reviewing complex legal documents. Where contract review can take qualified lawyers hours, ThoughtRiver achieves over 90% accuracy in less than 3 minutes for the same task.

The platform is endorsed by legal and commercial professionals including Joe Stephenson from Shoosmiths, Kate Wegryzn from Foley & Lardner LLP, and Hamish Gray from Hoare Lea. ThoughtRiver’s Contract Acceleration Platform (CAP) uses advanced AI technology to make contract management processes smoother and more efficient, offering detailed scrutiny and insight into legal documents.

Who created ThoughtRiver?

Joe Stephenson, Partner and Head of IT & Technology at Shoosmiths, is behind ThoughtRiver. The company focuses on supporting legal professionals, business teams, and procurement departments, aiming to provide strong scrutiny and insight into legal documents to improve both efficiency and accuracy.

What is ThoughtRiver used for?

• Reviewing complex supply agreements in under 3 minutes with over 90% accuracy.
• Providing automated contract review with deep scrutiny and insight into legal documents.
• Flagging high-risk items for thorough review while freeing teams to focus on complex, higher-value initiatives.
• Supporting Lawyers, General Counsels (GCs), Legal Ops teams, Sales Leaders, and Procurement specialists in enterprise settings.
• Serving industries such as Construction and Law Firms.
• Streamlining and optimizing the contract management process.

Who uses ThoughtRiver?

ThoughtRiver is designed for professionals in larger companies, including Lawyers, General Counsels, Legal Ops teams, Sales Leaders, and Procurement specialists. It is used across industries including Construction and Law Firms.

Resources

Beyond the platform itself, ThoughtRiver offers blogs, eGuides, webinars, product demos, and case studies to help users improve how they handle contracts.