ThoughtRiver’s founder tells us why they’ve won a £400k award for the development of ‘thinking AI’

Contract intelligence vendor ThoughtRiver has been awarded funding from Innovate UK for a £400,000 project to develop what it refers to as ‘thinking AI’. ThoughtRiver’s technology automates the day-to-day routing and prioritisation of decisions in corporate legal functions, using machine learning to interpret contracts and assess their risk based on corporate policies and protocols. Each […]

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Three Tech Tips for Corporate Counsel

While problems facing attorneys at both large and small law firms seem to get all the headlines, in-house attorneys are also facing new and growing challenges. Corporate counsel are under pressure to reduce their spending on outside counsel—or at least make spending more predictable. In addition, we are constantly bombarded by various stakeholders and departments […]

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Ouch: Gartner Says 81% of Legal Departments Are Unprepared for Digitisation

Eight out of 10 corporate legal departments are unprepared to support their organisations’ digital initiatives, according to a Gartner report out today (12 December) which analysed the impact of legal engagement and governance strategies on business outcomes. We should add that this doesn’t come as a huge surprise. Gartner studied 1,715 digital projects across industries, […]

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