ThoughtRiver

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ThoughtRiver is a Legal & Compliance tool that streamlines contract review with AI. It uses a proprietary LLM, Lexible, to identify risks and auto-redline contracts in minutes.

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At a glance

Pricing

Paid · Enterprise

Free tier

API

Skill level

Mixed

About

What is ThoughtRiver?

ThoughtRiver is an AI-powered platform designed to enhance legal operations by streamlining contract review processes. It leverages its proprietary LLM, Lexible, trained by expert lawyers, to provide fast and accurate analysis of contracts. The platform can identify risks, suggest clause edits, and apply redlines automatically, significantly reducing review time from hours to minutes. ThoughtRiver also offers Lexible® Assistant for deep, grounded answers to contract questions and helps identify key terms across large contract portfolios for data-driven decisions. It integrates seamlessly into existing workflows and prioritizes security with ISO 27001 accreditation, patented anonymization, and data encryption.

Best used for

Ideal for lawyers and legal operations managers who need to accelerate contract review, ensure accuracy in legal documents, and manage risks across their contract portfolio. Especially valuable for high-volume legal teams and businesses seeking to free up legal professionals for strategic tasks.

Common actions

review contracts

automate redlining

analyze legal documents

manage contract risks

streamline legal operations

Capabilities

Key features

AI contract review
Auto-redlining
Lexible Assistant
Contract portfolio analysis
Risk identification
Custom playbooks
Enterprise security

Target Audience

lawyerproduct managerstartup founder

Integrations

Not yet documented

Pricing & Plans

Paid · Enterprise

Not publicly disclosed. Check thoughtriver.com for current pricing.

FAQs

How does ThoughtRiver ensure accuracy in contract review?

ThoughtRiver uses its proprietary LLM, Lexible, which is specifically trained by expert lawyers on a vast quantity of legal documents. This specialized training, combined with multiple AI models, allows it to achieve high accuracy in identifying issues, obligations, and risks within contracts.

What is Lexible® Assistant and how does it help?

Lexible® Assistant is ThoughtRiver's agentic assistant that provides deep, grounded answers to contract questions and generates instant redlines. It helps users resolve queries quickly and maintain productivity by mimicking drafting styles and negotiation guidelines.

What kind of teams is ThoughtRiver designed for?

ThoughtRiver is primarily focused on in-house legal teams and law firms that process over 200 agreements annually. It also supports non-legal teams needing to reduce legal workflow and expedite transaction closures, offering plans for SME and high-volume legal teams.

How does ThoughtRiver protect sensitive legal data?

ThoughtRiver employs a proprietary and patented system to anonymize sensitive information before it is processed by any model. Additionally, it is ISO 27001 accredited, uses data encryption, and runs on Microsoft Azure with a private model option and TLS 1.3.

Does ThoughtRiver offer a free trial?

Yes, ThoughtRiver offers a free 28-day trial. This allows prospective users to explore the platform's features, including AI contract review, real-time analytics, and seamless integrations, before committing to a paid plan.

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