At the 2017 Mergermarket European Corporate Development Summit, on July 6, 2017, the Kira Systems team had the opportunity to hear Martin Mendelssohn and Alexandra Romert from the law firm CMS give a presentation of their recently published European M&A Study 2017. The presentation highlighted key developments within sale and purchase agreements from the past 12 months, trends in deal structures and how deal terms compare between different European regions and the USA. Inspired by their presentation, we thought we would share some of their key insights with you, and show you how Kira can help you keep track of the shifting legal landscape around the world.
| Tagged Corporate Practice
As software automates more white collar work, does this mean there will be less white collar jobs? This weekend's New York Times Magazine features Nathanial Popper's interesting article "The Robots Are Coming for Wall Street." It is primarily a case study of Kensho, a heavily-funded fintech startup that builds software "capable of answering complex financial questions posed in plain English." In even plainer English, according to the article, Kensho appears to automatically create research reports which previously might have taken days of human effort to create (or not been done at all, a critical point). The article posits that as "Hundreds of financial analysts are being replaced with software", white collar workers are in a lot of trouble.