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Clifford Chance strikes deal with artificial intelligence provider Kira

#artificialintelligence

Clifford Chance (CC) has become the latest firm to sign a deal with an artificial intelligence (AI) provider, with the magic circle firm partnering with Kira Systems. The deal means CC's lawyers will be able to use the AI software for tasks such as document review in M&A due diligence. The firm said it has already used AI technology in several other applications but declined to provide details. The Kira deal, which is aimed at reducing costs for clients, was led by the firm's head of innovation and business change, Bas Boris Visser. He said CC's clients are "under substantial pressure to reduce legal spend", adding: "At the same time, they need more support to manage the increasing risks and complex issues that their companies are facing."


Magic circle embraces artificial intelligence - Legal Cheek

#artificialintelligence

Magic circle giant Clifford Chance is the latest City outfit to embrace the mysterious world of artificial intelligence (AI), striking a deal with Canadian software provider Kira Systems. According to the Canary Wharf based firm, the intelligent software will help its lawyers quickly analyse contracts, identify potential legal issues, improve speed, and, as a result, increase all round efficiency. Furthermore -- according to the software designer -- not only can Kira be put to work straight away, requiring very little set up time, she it can actually learn on the job, growing in intelligence through training provided by the firm's lawyers. 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.


Clifford Chance strikes deal with artificial intelligence provider Kira

#artificialintelligence

Clifford Chance (CC) has become the latest firm to sign a deal with an artificial intelligence (AI) provider, with the magic circle firm partnering with Kira Systems. The deal means CC's lawyers will be able to use the AI software for tasks such as document review in M&A due diligence. The firm said it has already used AI technology in several other applications but declined to provide details. The Kira deal, which is aimed at reducing costs for clients, was led by the firm's head of innovation and business change Bas Boris Visser. He said CC's clients are "under substantial pressure to reduce legal spend", adding: "At the same time, they need more support to manage the increasing risks and complex issues that their companies are facing."


Magic circle embraces artificial intelligence

#artificialintelligence

Magic circle giant Clifford Chance is the latest City outfit to embrace the mysterious world of artificial intelligence (AI), striking a deal with Canadian software provider Kira Systems. According to the Canary Wharf based firm, the intelligent software will help its lawyers quickly analyse contracts, identify potential legal issues, improve speed, and, as a result, increase all round efficiency. Furthermore - according to the software designer - not only can Kira be put to work straight away, requiring very little set up time, she it can actually learn on the job, growing in intelligence through training provided by the firm's lawyers. 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 ...


The AI Law Firm - Turing & Partners

#artificialintelligence

'We have arrived,' the personal assistant announced as the automated share car pulled up outside Turing & Partners, one of London's best-known AI-powered law firms. Elon Turing looked up from his notes that were projected before him and got out at the curb on Gresham Street, not far from the Bank of England. It was very warm, as it always was these days, though there was a heaviness in the air that promised a thunder storm. Elon nodded to the car, which zipped away into the pollution free morning and disappeared into a sea of auto-taxis, self-driving buses and other share cars. He took a deep breath and marched up to the front door of the building. The door scanned his face and opened, greeting him politely as he walked into the cooled lobby. At the reception desk was Albert.


Can You Hire Big Data & Fire Your Lawyer? The Future of AI in Business Law - Bigstep Blog

#artificialintelligence

One of the most hotly contested aspects of taking on artificial intelligence (AI) has always been the potential for machines to take over jobs that have historically belonged to humans. The debate's first arena was in manufacturing, where machines are now doing most of the grunt work normally reserved for people -- assembling products, painting parts and finished products, welding, bolting, and more. The result has been interesting. While AI has resulted in fewer people jobs in manufacturing, the jobs that exist now are far safer and generally pay better than ever before. In the end, AI may actually replace the tedious, boring legal work, allowing people to do the parts they like and excel at, such as arguing. But don't tell those recent law school grads who are looking forward to a couple of years reviewing contracts for peanuts.


Clifford Chance partners with AI system Kira The Lawyer Legal News and Jobs

#artificialintelligence

Clifford Chance has become the latest UK law firm to adopt the use of artificial intelligence (AI) after partnering with software provider Kira Systems. The magic circle firm has teamed up with Kira Systems to improve the "speed, efficiency and quality" of its processes. In practice Kira works by searching and analysing text within contracts. The firm believes its use will reduce the time spent carrying out due diligence work and increase the number of documents that can be reviewed. It was chosen by Clifford Chance because the software can be easily modified by the firm's lawyers and is able to adapt to specific client requests.


Robots could replace low-skilled migrant workers

Daily Mail - Science & tech

Details of the fallout from the Brexit vote may take months to become clear, but there are concerns the UK pulling out of the European Union could lead to the loss of many low skilled migrant workers. But this apparent loss could be technology's gain, according to the findings from one think-tank. According to a new report from the Resolution Foundation, shortfalls in the human workforce could lead to a surge in robots to take their place. A new report from a think-tank says shortfalls in the workforce post-Brexit could lead to a surge in robots to take their place. According to findings from the Resolution Foundation, low-skilled jobs in agriculture and the food industry currently carried out by large numbers of EU workers could be automated.


Dad, son fight FAA over gun-firing, flame-throwing drones

FOX News

Austin Haughwout, 19, of Clinton, and his father, Bret Haughwout, are refusing to comply with subpoenas issued by the U.S. attorney's office on behalf of the FAA, saying the subpoenas violate their constitutional right to be free from unreasonable searches and seizures and questioning the agency's authority to regulate recreational drones. A hearing on whether the Haughwouts have to comply with the subpoenas is set for Wednesday before U.S. District Judge Jeffrey Meyer in New Haven. The case potentially has national significance because it would set a precedent on how much authority the FAA has over recreational drone use, said the Haughwouts' lawyer, Mario Cerame. One video, viewed more than 3.7 million times, shows a flying drone equipped with a handgun firing rounds. Another video, viewed nearly 600,000 times, shows a flying drone with a flamethrower lighting up a spit-roasting Thanksgiving turkey.


In China, the 'Apple of drones' is flying away with success

Los Angeles Times

In April, a group of Finnish farmers outfitted a spindly black drone with a remote-controlled chainsaw and filmed it decapitating snowmen. They called it "Killer Drone." More formally, it was a DJI S1000. This spring, marine biologists flew a drone over the Sea of Cortez to capture samples of the fluid sprayed from the blowholes of blue whales. It was a DJI Inspire 1.