Last month, we welcomed two of the top US law firms, Latham & Watkins (Latham) and Davis Polk & Wardwell (Davis Polk), into the Kira Systems family. They join the likes of Baker, Donelson, Bearman, Caldwell & Berkowitz, Clifford Chance, DLA Piper and Freshfields Bruckhaus Deringer as industry leaders delivering increasingly efficient and innovative client services.
Kira, our contract review software, uses machine learning to automate the extraction and analysis of key provisions from both structured and unstructured contracts, accelerating and improving the accuracy of due diligence, deal point studies, general contract reviews, regulatory compliance, and more. Latham and Davis Polk will leverage Kira's machine learning technology to facilitate the due diligence process, increasing accuracy and efficiency, and supplementing the legal review and analysis conducted by its attorneys.
“Our firm employs technologies delivered by market leaders such as Kira Systems to help us meet client demands for cutting-edge legal analysis and advice in the most efficient manner possible, while also maintaining a consistently high standard of client service and collaboration,” said Ken Heaps, Chief Information Officer of Latham & Watkins.
What a year ago may have seemed like a risky decision for these firms has become increasingly market standard today. Kira has been used on thousands of concurrent projects, helping hundreds of organizations gain greater visibility into their contracts. Our users include many of the world’s leading professional service firms and companies, in over 40 countries. We are among the most used and trusted AI solutions for professionals anywhere. So, is your firm using Kira?