Contract Risk Analysis Platform

byThoughtRiver

ThoughtRiver's Contract Risk Analysis Platform is an AI-powered solution designed to streamline contract review processes by identifying risks, suggesting clause edits, and extracting key terms with high accuracy. Utilizing its proprietary Lexible® AI, the platform automates the analysis and negotiation of legal contracts, enabling organizations to accelerate deal velocity, mitigate risk, and enhance operational efficiency.

Features

  • AI-Powered Contract Analysis: Utilizes Lexible® AI to read and understand contracts at the clause level, identifying risks, obligations, and key terms efficiently.
  • Automated Redlining & Review Playbooks: Applies redlines and review logic based on customizable legal playbooks, ensuring consistent review outcomes aligned with internal policies.
  • Risk Identification & Reporting: Surfaces contract risks, unmet provisions, and compliance issues through automated analysis, supporting data-driven decisions across contract portfolios.
  • Workflow Integration: Integrates with Microsoft 365 (including Word and Outlook), iManage, HighQ, Power BI, and other tools, allowing users to perform review tasks within familiar environments and sync data securely across systems.
  • Portfolio Insights & Analytics: Analyzes large collections of contracts to identify common trends, extract key terms at scale, and gain insights into organizational risk profiles.
  • Collaboration & Accessibility: Supports collaborative review workflows, enabling teams to share issues, comments, and progress within the system and through connected applications.

Categories

Contract Lifecycle ManagementLegal Workflow AutomationAI & Legal Analytics

Product Details

Pricing
Custom
Deployment
Cloud
Location
🇬🇧 Cambridge, United Kingdom
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