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Thomson Reuters Launches AI-Powered Contract Analysis Tool in HighQ

LawSites

Integrated with HighQ, the collaboration and workflow platform Thomson Reuters acquired in 2019, HighQ Contract Analysis is designed for attorneys to use in transactional due diligence, compliance review and contract investigations.

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

The service will provide transaction management, due diligence and documentation support to deal teams. Due diligence. Maintaining the due diligence questionnaire and the review of underlying documents. See all posts and podcasts related to Factor.

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Study of Corporate Legal Spend in Legal ‘Megamatters’ Finds Little Use of ALSPs

LawSites

goes to ALSPs, even though many of these matters involve work such as e-discovery or due diligence that, as the report says, “are the exact kind of process work where ALSPs are strongest.” Citing information from the 2019 Altman Weil Chief Legal Officer Survey, the report says: Just 37.6% of spend.

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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

Hg first invested in Litera in 2019. Marwaha said he sees Kira as a natural extension of the Litera Transact workflow, adding contract analysis and due diligence. As part of the acquisition, Insight Partners, an investor in Kira since August 2018, will further its investment, becoming a minority investor in Litera.

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The European Union’s Digital Services Act: In Force from This Saturday, February 17, 2024, Including for U.S. Intermediaries (Guest Blog Post)

Eric Goldman

The DSA sets EU-wide rules for the “conditional exemption” of intermediaries from liability (including a “notice and action” mechanism), while also imposing on intermediaries certain due diligence obligations that reflect the evolution in technology and business models since the EU legislation of the early 2000s.

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Kira, Litera’s Contract Review Software, Gets ‘Smart Summaries’ Feature Driven By Generative AI

Legal Tech Monitor

Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews. When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis.

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Kira, Litera’s Contract Review Software, Gets ‘Smart Summaries’ Feature Driven By Generative AI

LawSites

Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews. When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis.