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Kira Inc. News

Addleshaw Goddard making greater use of Artificial Intelligence

Posted on Dec 13, 2016 3:35:55 PM by Kira Systems

AG has announced its deployment of Kira Systems’ software having integrated it into its delivery model to provide legal services more efficiently, quickly and accurately. The firm carried out an 18 month pilot of a range of artificial intelligence systems which was led by its Transaction Services Team (TST).

Work has been carried out for a number of the firm's clients with the initial focus being on applying Kira to Corporate, Banking and Real Estate transactional work. To carry out the pilot and the implementation of Kira, the TST worked in conjunction with lawyers from across the firm. The TST has a specialist technology team which was set up in early 2015 and works with the firm's lawyers and clients to build technology solutions to deliver legal work in a different way.

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| Tagged Kira Partnership, Kira Systems Updates, Machine Intelligence

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Clifford Chance Drives Innovation Strategy With Artificial Intelligence System Kira

Posted on Jul 5, 2016 7:37:58 AM by Kira Systems

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."

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| Tagged Kira Partnership, Kira Systems Updates, Machine Intelligence

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DLA Piper partners with Kira Systems to leverage artificial intelligence tool for M&A due diligence

Posted on Jun 14, 2016 12:06:06 PM by Andy Kim

June 14 2016DLA Piper announced today that it has partnered with Kira Systems to implement an artificial intelligence tool for document review during the due diligence process for M&A transactions.

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| Tagged Kira Partnership, Kira Systems Updates, Machine Intelligence

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Kira Systems named an IDC Innovator for Machine Learning-Based Text Analytics

Posted on Jun 8, 2016 11:55:34 AM by Andy Kim

Kira Systems, the machine learning contract analysis provider, was named a 2016 IDC Innovator in Machine Learning-Based Text Analytics. The report, IDC Innovators: Machine Learning-Based Text Analytics, 2016,highlights five notable innovators who offer an innovative new technology, a groundbreaking approach to an issue, and/or an interesting new business model. 

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| Tagged Kira Systems Updates, Corporate Practice, Machine Intelligence

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Kira Systems Named 2016 Gartner Cool Vendor in Procurement and Sourcing Technology

Posted on May 31, 2016 8:30:00 AM by Andy Kim

Toronto, ON - Kira Systems, the machine learning contract analysis software provider, has been named as one of Gartner’s “Cool Vendors” in Procurement and Sourcing Technology, 2016.

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| Tagged Kira Systems Updates, Corporate Practice, Machine Intelligence

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