Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has announced a strategic partnership with machine learning software provider, Kira Systems. The firm will use Kira in its Legal Services Centre to support efficient delivery of transactional work across all practice groups.
| Tagged Kira Partnership
Leading international law firm Clifford Chance has announced that it has entered into a partnership with the artificial intelligence software provider, Kira Systems. Clifford Chance is embracing innovative resources and ways of working to provide the very best combination of people, processes and technology solutions, to deliver a service that exceeds evolving client expectations.
Kira is software that, using artificial intelligence, searches and analyses text in contracts, delivering improved levels of speed, efficiency and quality to processes, adding value to clients. Clifford Chance selected Kira both because it works 'out of the box' with little set up time, and because it can be easily 'trained' – by Clifford Chance lawyers – to learn from the firm's specialist expertise, enabling it to deliver more effectively against the specific requirements of Clifford Chance's clients. The new partnership is the latest step of Clifford Chance's successful global innovation commitment which constantly challenges the firm to develop new ways of working and delivering to clients.
Last year, Clifford Chance appointed Bas Boris Visser as Global Head of Innovation and Business Change. Bas Boris is the champion for the firm's strategy to anticipate, respond and adapt to key factors shaping the global legal industry, including new technologies and market entrants. Bas Boris Visser explains: “Our clients are under substantial pressure to reduce legal spend. At the same time, they need more support to manage the increasing risks and complex issues that their companies are facing. Deploying Kira is an exciting next step in helping our clients address this demand for greater value, and very much fits into our strategy of embracing innovation to ensure that we deliver the best service to our clients."
NEW YORK, March 8, 2016 — Deloitte today announced an alliance with Kira Systems to bring the power of machine learning to the workplace, an innovation that could help free workers from the tedium of reviewing contracts and other documents.
| Tagged Kira Systems Updates