Amid economic uncertainty, law firms and legal departments are focused on operating efficiently and making the most of advanced technologies to control costs and improve productivity. Legal professionals are increasingly turning to artificial intelligence to automate processes and strengthen operational efficiencies. Legal Current looks at how Thomson Reuters Document Intelligence, formerly ThoughtTrace, uses AI to …
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contract analysis
Thomson Reuters Signs Agreement to Acquire ThoughtTrace
Thomson Reuters has signed a definitive agreement to acquire ThoughtTrace, a business providing a document understanding and contract analysis platform. ThoughtTrace, based in Houston, uses pre-trained artificial intelligence and machine learning capabilities developed by industry experts to read, organize, and manage business-critical document workflows for customers. As Thomson Reuters continues building an open, smart and …
- March 3, 2022
- Carrie Brooker