Clifford Chance strikes deal with artificial intelligence provider Kira
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."
Jul-5-2016, 12:50:48 GMT