Horace Wu, CEO and Founder of Syntheia, presents.

Horace explained that Syntheia uses technology to solve the problems that transactional lawyers encounter when dealing with new documents and third-party documents. He described the core idea behind Syntheia as helping lawyers identify issues with their documents and boost their knowledge and certainty.

New Technology for Credit Agreement Comparison

Horace discussed a new technology designed to facilitate the comparison of credit agreements. The system automatically breaks down documents, clause by clause, and rearranges their provisions, allowing users to easily identify differences and spot potential issues. This technology was highlighted as particularly useful for transactional lawyers who frequently work with different variations of standard documents. Horace also noted that the system’s comprehensive extraction of clauses could help identify gaps in agreements, aiding in negotiation and due diligence processes. The technology has found particular use in the funds and assets management industry, where it assists in analyzing side letters, which often contain unique but similar terms.

New Tool for Lawyers’ Information Management

Horace discussed a new tool designed to assist lawyers in managing information rights and disclosure rights. The tool, which utilizes natural language search and can suggest alternative language for more precise results, allows users to extract information from their databases for analysis and drafting. Horace also highlighted a future feature set to launch before June, enabling users to compare live documents against precedents and identify potential anomalies, all without requiring pre-training. He emphasized the tool’s reliability, its capability to integrate with other platforms, and its potential to serve as a central database for transactional lawyers.

About Tech Thursday

This session was recorded as part of the “Tech Thursday” series. Every first Thursday, we illuminate the latest in emerging technology for the legal field, attracting attorneys, legal professionals, and tech enthusiasts alike.

Each episode of “Tech Thursday” introduces two trailblazing legal tech founders, revealing technologies that leverage artificial intelligence to revolutionize legal practices. Attendees gain unparalleled insights into tools and solutions that are setting new standards for efficiency, accuracy, and accessibility in the legal profession.

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