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ThoughtRiver

ThoughtRiver Ltd.

Legal AI
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PRICING:
Paid

about

ThoughtRiver accelerates contract review by reading documents and generating an issues list aligned to policy. Its Lexible data model maps clauses to standardized questions so reviewers focus on gaps, non-standard terms, and missing protections. Lawyers compare versions, apply playbooks and fallbacks, and push fixes to CLM or Word add-ins. Dashboards summarize risk across deals so legal teams communicate clearly with sales and procurement. Links jump straight to source text for grounded edits and faster agreement.

Features

1

Automated Issue Spotting

The system parses clauses and produces a structured issues list with answers to policy questions. Reviewers see what is acceptable, what needs a fallback, and where to request changes, with confidence and rationale to aid triage. Direct links jump to the exact span in the document so edits start from evidence instead of guesswork, and reviewers assign owners or deadlines to unblock deals quickly while maintaining a clear trail. Exception logs capture rationale so patterns inform future playbook revisions.

2

Lexible Clause Model

Lexible standardizes contractual concepts so different phrasings map to the same meaning across suppliers and templates. That makes risk comparable at scale, enabling portfolio reporting by clause and informing guidance to the business. Because concepts are normalized, junior reviewers can lean on consistent answers, and leaders gain visibility into patterns that suggest better templates or policy clarifications across categories. Portfolio views compare vendors, regions, and templates for consistent signals.

3

Playbooks & Fallbacks

Turn firm or corporate policy into actionable playbooks that suggest preferred language and acceptable alternatives. Fallbacks can be applied in-editor with tracked changes and rationale, reducing back-and-forth. Exceptions are logged with reasons and approvals so knowledge improves over time, yielding measurable cycle-time gains while preserving guardrails that protect liability positions in fast-moving negotiations. Exports record clause mappings to support audits and knowledge management.

4

Versioning & Redlines

Compare drafts to highlight risky edits, generate redlines automatically, and route tasks for approval without leaving Word. CLM and workflow integrations keep review where attorneys work, eliminating copy-paste. Change summaries show what the counterparty altered and why it matters, and comments keep context attached so handoffs remain smooth across time zones and closing pushes during end-of-quarter sprints. Integrations pass status to CLM, ticketing, and e-signature to keep teams aligned.

5

Reporting & Integrations

Dashboards summarize risk by counterparty, clause, or deal stage; exports feed knowledge bases and audits, preserving mappings to clause text. Integrations share statuses with CLM, e-signature, and ticketing so legal stays in sync with sales operations. Leaders compare throughput and blockers to direct coaching, staffing, or template fixes that reduce friction without sacrificing coverage or compliance requirements. Word add-ins and CLM keep edits in flow.

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Recomended For

In-house legal teams, law firms, and procurement groups seeking faster first-pass review; sales operations needing clearer contract acceleration; and leaders who want portfolio-level visibility into risk, throughput, and exceptions to align revenue goals with controllable legal process metrics. Dashboards summarize risk and progress.

What it solved

Manual triage consumes hours and leads to inconsistent results across reviewers and matters. ThoughtRiver structures review into questions and answers, applies playbooks at the point of edit, and syncs redlines to CLM so teams reduce cycle time while maintaining policy alignment. Leaders gain data to refine templates and staffing, moving contracts faster without losing auditability or acceptable risk balance. Lexible standardizes clauses for reporting.

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