Kira Inc. Blog

Noah Speaks at the Opening of LegalX!

Posted on June 29, 2015 by Noah Waisberg

his past Monday, I spoke on a panel at the opening of LegalX at MaRS. LegalX is MaRS' newest industry cluster, focused on connecting  technologists, designers, coders, engineers and lawyers to drive change in the legal sector. LegalX has been put together by Aron Solomon and Jason Moyse. There was a good crowd out for the event, apparently some 200 people.

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One Ring to Rule Them All? Will IBM's Watson Transform Contract Review and Law Practice?

Posted on June 24, 2015 by Noah Waisberg

Watson is almost certainly the most significant technology ever to come to law, and it will give lawyers permission to think innovatively and open up the conversation about what is possible in a field that has been somewhat “stuck.” 

—"10 predictions about how IBM’s Watson will impact the legal profession", Paul Lippe and Daniel Martin Katz, ABA Journal

 
 
IBM's Watson AI has received a lot of attention for how it might change law practice. Should it? Or should commentators expecting "Watson" to change the world instead refocus their attention on "artificial intelligence" or "machine learning"?
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Using Machine Learning for Contract Review in Due Diligence and Corporate Contract Management

Posted on June 5, 2015 by Kira

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Ask any transactional lawyer about the contract review process, and you will likely hear the horror stories: Tedious hours reviewing thousands of pages of contracts. Old documents with poor quality scans. Pressure to get the work done fast. And with no margin for error. In M&A due diligence, the consequences of a mistake can be huge. For example, a problematic assignment clause in a key customer contract could knock millions of dollars off a deal value, or might delay the transaction while the target scrambles to obtain consents. 

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Kira Diligence Engine a Finalist for "New Product of the Year" in Legaltech News Innovation Awards

Posted on May 27, 2015 by Steve Obenski

This morning, Legaltech News announced the finalists for the 2015 LTN Innovation Awards.  We are thrilled to learn that Diligence Engine is a finalist in the "New Product of the Year" category alongside Avvo Inc. AdvisorCatalyst Repository Systems' Predict and Lex Machina.

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At the Inflection Point: the CMO's Role in Reinventing Law Firm Business Models

Posted on May 25, 2015 by Steve Obenski

Last week, I had an opportunity to join the Law Firm Marketing and Business Development Leadership Forum* in New York, where I led a roundtable on the role of lawyering technology in marketing the law firm of the future.  It may not be obvious to some law firm marketers that a law firm's practice technology is going to play a critical role in marketing the law firm of the future.  But I believe it will.  Here's why:

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Kira is Partnering With Intralinks to Provide A Complete Due Diligence Solution

Posted on April 16, 2015 by Noah Waisberg

As an M&A lawyer, I did due diligence and supervised it. From that experience, I know that virtual data rooms are central to the M&A process. An early step in a company putting itself up for sale is loading documents into a VDR, so that deal teams can learn what they need to about the target.

While there are a lot of companies that offer VDR functionality, Intralinks stands out; it is a dominant player for good reason. Intralinks originated the VDR market and have stayed at the leading edge of it technologically. They are fully focused on M&A, and know it deeply. They are also a core part of of being a junior M&A professional: I suspect that many lawyers and bankers have learned they were staffed on a new deal from receiving an automated message from Intralinks that have been added to a new Dealspace. 

contract_review2Today, we're ecstatic to announce that we're partnering with Intralinks to provide a better due diligence experience. Intralinks is the leading place to store diligence documents; Kira Diligence Engine is the fastest and most accurate way to review and analyze diligence documents. Together, M&A professionals can do better reviews in less time, and with less pain. This complete storage to review offering is great for users. In the words of Matt Porzio, vice president of strategy and product marketing at Intralinks, “Together, Intralinks Dealspace and Kira Diligence Engine help ensure high-stakes transactions are brought to a fast close. The partnership will save our customers time and expense and help prevent costly human error during due diligence.”

We couldn't be happier about this combined offering. Click here to read the full press release about the partnership.  

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Kira is hiring a Marketing Coordinator!

Posted on April 15, 2015 by Steve Obenski

Kira Inc. is looking for a Marketing Coordinator.  We make serious enterprise software, but we have fun doing it.  Our software uses artificial intelligence to read contracts and is used by professionals to accelerate corporate transactions while reducing risk of errors. Our clients include some of the world’s largest corporations and professional services firms.

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Kira Joins Top Real Estate Tech Startups at Disrupt CRE New York

Posted on March 30, 2015 by Ilana Ettinger

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Kira joined over 30 companies at last week's Disrupt CRE event in New York to discuss the future of the commercial real estate industry.  While the legal industry is often criticized for being the last to adopt technology, until recently commercial real estate was not far behind.

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We're hiring an Operations Assistant

Posted on March 18, 2015 by Steve Obenski

Kira Inc. is looking for an operations assistant to help us manage our growth.

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Recap of Noah and Nicole's "Will Your Next Lawyer Be A Machine?" Presentation at SXSW

Posted on March 18, 2015 by Noah Waisberg

Sunday, at the South By Southwest Interactive Conference, Nicole Bradick of CuroLegal and I presented on "Will Your Next Lawyer Be A Machine?" It—and SXSW in general—were quite fun. Based on the lots of questions we got, our audience was engaged. Here are our slides:

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