Magic circle embraces artificial intelligence

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 ...