In today’s legal environment, contracts are more than just documents that set out the parameters of an agreement between parties. In the right hands, contracts are treasure troves of strategic data, filled with insights that lead to better outcomes. Syntheia, an award-winning platform for law firms, promises to create exactly that. Syntheia turns contracts from static documents into a structured database that empowers data-driven decision-making and negotiation capabilities. Their secret sauce is an engine that automates the extraction of provisions from any contract. Together with these extracted provisions, Syntheia offers transactional lawyers purpose-built applications that improve how they review, negotiate, and draft contracts.
What is Syntheia?
Syntheia is more than a point solution; it’s a collection of discrete applications built on top of a platform that centralizes provisions from your firm’s past deal documents.
Imagine you are an M&A lawyer and you want to identify provisions from your document that are out of market, Syntheia offers you a specific application that can collate relevant terms from across similar documents for your review. Imagine you are a private funds lawyer and you want to build a compendium from many side letters, Syntheia offers you another specific application that can assemble those terms into a master side letter. Or imagine you’re a banking lawyer that doesn’t want to verify if a proposed term in your credit agreement has ever been agreed by your client, Syntheia offers you a different application to scan across your database in a single click.
At its core, Syntheia’s versatility hinges on their capability to automate the extraction of reliable and reusable data from contracts. This database of provisions remain private to each law firm, and continues to be enriched and refined as their lawyers do more work.
Why Syntheia? The Missing Piece in Legal Data Infrastructure
The real transformative value of Syntheia lies in its ability to automate the extraction of provisions from past contracts, creating a reliable and structured data layer that can be accessed and repurposed. Think about it: every contract you’ve ever worked on contains valuable knowledge that can inform future negotiations. But often, this knowledge is trapped within the document, only accessible if someone spends the time to manually extract it. Syntheia creates the missing “data layer” to solve this problem.
Here’s how it works: Syntheia’s text extraction technology parses through contracts, extracting provisions in the same way a human might read the terms. The extracted text is then chunked into structured data, so it can power actionable insights.
What does this mean for your transactional lawyers? It means you can quickly access the exact terms that were used in similar deals, see what your counterparts have agreed to in the past, and build stronger positions during negotiations — and so much more.
Purpose-Built Products
- Super Comparer is Syntheia’s award winning flagship product. It goes beyond simple redlining tools, which cannot meaningfully compare multiple contracts with varied drafting. Super Comparer rearranges provisions from contracts to match equivalent terms, even if they are drafted differently or in different order. Once rearranged, lawyers can instantly spot departures from precedent and market norms, making it easier to identify risks or negotiation opportunities.
- Fund Curator, another game-changing product, addresses a critical need in private funds practices. Managing side letters for multiple limited partners is labor-intensive and prone to error, but Fund Curator automates the compendium building and MFN preparation processes. It extracts relevant provisions, groups them into clause ‘families,’ and allows lawyers to quickly consolidate and redline the terms. This reduces the time spent manually preparing these documents, and eliminates the risk of missing crucial details.
- Content Portal tackles the age-old problem of knowledge management at scale. Traditional document management systems often house hundreds of thousands of contracts, but finding relevant provisions from one of these contracts can be like searching for a needle in a haystack. The Content Portal organizes clauses in one place, allowing firms to curate, tag, and find exactly what they need. Syntheia’s natural language search capabilities also make it easier than ever to locate the most relevant precedents.
- Smart Drafter integrates directly into Microsoft Word, which lets lawyers revise key provisions of documents without switching contexts. Lawyers can search for and access useful examples from past deals using natural language descriptions, and even refine searches using filters like client, author, or date. Imagine having all of your firm’s knowledge at your fingertips.
Syntheia also has a range of other products that they have not announced, all of which are built in collaboration with AmLaw 100 firms, and all of which are targeted at specific problems experienced by transactional lawyers.
The Future of Legal Tech
In an increasingly competitive and data-driven legal landscape, the ability to unlock and leverage the value hidden in contracts is becoming a strategic advantage. Syntheia offers transactional lawyers a way to turn their past work into future success by providing tools that extract, organize, and repurpose deal data in ways that were previously impossible.
Syntheia is not just about speed—it’s about precision, reliability, and the ability to make better, data-informed decisions. By choosing Syntheia, transactional lawyers can gain a competitive edge, reduce risk, and enhance their negotiation strategies.
As the legal industry continues to evolve, platforms like Syntheia will undoubtedly play a pivotal role in shaping the future of how lawyers work. Are you ready to embrace the next level of legal data management?
