Law Firms and Legal Teams

Use ThoughtTrace to identify critical elements in contracts and documents in seconds, so you can provide accurate guidance sooner.

Request a Demo

The ThoughtTrace Platform

HOW IT WORKS

Upload, Process & Extract

Simply upload your documents and ThoughtTrace intelligently reads, classifies and categorizes them. Process one document or tens of thousands at a time. Identify and extract even the most detailed, use case specific information.

Search, Find & Share

Ask the most specific, hard to find questions with only a handful of mouse clicks. In minutes or even seconds, locate the most relevant information (rather than days, weeks or months). Then, easily share your findings with your entire team.

Review, Validate & Collaborate

Review your documents, in detail, through the intuitive ThoughtTrace interface. Validate based on your business rules with easy to configure attributes. Collaborate across your company to break down information silos and understand the "whole picture."

Iterate, Integrate & Outperform

With ThoughtTrace’s Network AI Model, leverage data that is always getting smarter. You can leverage our Rest API to integrate into related systems such as ERP, CRM and more. Your team will set the standard for data driven decision making, thought leadership, and strategic impact.

CONTRACT INTELLIGENCE IN M&A, REGULATORY COMPLIANCE. CONTRACT LITIGATION

ThoughtTrace for Law Firms and In-House Counsel

Contract analysis is a critical activity, but it is difficult to do it efficiently or effectively. It has been estimated that inefficient contracting causes firms to lose from 5 to 40 percent of value on a given deal. The ThoughtTrace Contract Analytics platform gives you answers to inform your next move with a click of a button and overcome common challenges around managing a large volume of contracts, inconsistent terms and clauses, and more.

Leverage ThoughtTrace contract analysis software to quickly understand specific obligations and considerations across hundreds or even thousands of documents in minutes, or take a deeper dive to understand your coverage, mitigate risk and exposure, and minimize resulting liability. ThoughtTrace software supports Law Firms and In-House Corporate Legal Teams by providing unprecedented accuracy and efficiency in:

  • M&A and Due Diligence
  • Data Protection Compliance
  • Risk Management
  • Regulatory Compliance
  • Contract Litigation

Quickly find obligations, opportunity, and risk living in all contracts & documents.

  • Non-Disclosure Agreements
  • Technology Agreements
  • MSAs and General Commercial Contracts
  • Real Estate or Lease Agreements
  • Industry-Specific, Extremely Nuanced Documents
REVIEW THOUSANDS OF AGREEMENTS IN HOURS

Reduce Your Costs & Stay Competitive

You have a million things to do, and we all know time is money. On top of that, internal and external stakeholders are demanding answers faster and at a lower cost, expecting the same detail and accuracy, and demanding a more transparent view of how their legal matters are being managed.

ThougthTrace is built to find 100s of important contract clauses for you in seconds:

Force Majeure  |  Termination  |  Limitation of Liability  |  Indemnification  |  Confidentiality  |  Obligation of All Parties
Assignment Clause  |  Change of Control Provision

By modernizing your legal practice with cutting-edge AI contract review software, you can cut through the noise and focus on higher-value analysis. By using automation to reduce manual and monotonous work, you’re empowered to:

  • Operate more cost-effectively with fewer resources
  • Increasing profitability & delivering results exceed customer expectations in any market environment
  • Provide accurate guidance sooner
  • Look deeply into every aspect of the contract in question
  • Identify New Opportunities, Avoid Potential Landmines
AI that is ACTUALLY INTELLIGENT

How ThoughtTrace is Different

ThoughtTrace AI models are trained by lawyers and industry-experts for results you can trust. You’re charged with protecting the interest of your organization or client – you don’t have time to train an AI model, and with ThoughtTrace you don’t have to. ThoughtTrace models are ready for immediate use; no internal time is required to train them yourself.

In addition to general legal and commercial contract clauses, ThoughtTrace can recognize highly nuanced, industry-specific information if required for your case or situation.

  • Unified Document Management & Contract Analytics
  • Works on Day 1, Out-of-the-Box
  • Trained by Lawyers & Subject-Matter-Experts
  • Lightening-Fast Contextual Search

Whitepaper:
How AI for Contracts is Changing the Game and Saving Millions

Download

Are you ready to unlock the value in your documents? Get Started Today!

Request a Demo

ThoughtTrace Platform

Evaluate the Solution

ThoughtTrace Resources

Check out the content