Kira Systems announced today it will be working with global law firm Davis Polk & Wardwell LLP. Davis Polk will use Kira’s artificial intelligence-enabled software for document review during the due diligence process on M&A transactions.
Kira is machine-learning software that processes due diligence data rooms, assists attorneys with identification of contract provisions frequently reviewed during M&A due diligence, and makes available workflow tools to streamline the due diligence process. Kira facilitates the due diligence process, increasing accuracy and efficiency, and serves to supplement the legal review and analysis conducted by Davis Polk lawyers.
“We are pleased to collaborate with Kira and look forward to working together,” said John Bick, Head of Davis Polk’s Corporate Department.
Davis Polk’s market-leading M&A practice handles the largest, most sensitive and highly complex deals of the day. The firm’s lawyers bring sophisticated judgment, commercial awareness and client service to high-stakes transactions, including public and private deals, private equity transactions, joint ventures and strategic alliances, carve-outs and divestitures, friendly and contested situations, and leveraged buyouts.
“We are excited to see Kira being used by Davis Polk’s exceptional corporate team,” said Tony Ensinger, Director, Global Accounts at Kira Systems. “Through the adoption of machine learning technology, the firm will be able to further scale their expertise to deliver increasingly efficient and innovative client service.”
About Kira Systems
Kira Systems’ technology is the most used and trusted software for contract review and analysis, helping the world’s largest corporations and professional service firms uncover relevant information from unstructured contracts and related documents. Kira is powerful, patented, award-winning software that excels at searching and analyzing contract text and can be deployed for due diligence, knowledge management, lease abstraction, regulatory compliance and other projects where visibility into contract provisions is critical. Using Kira Quick Study, anyone can train additional models that can accurately identify virtually any desired clause. To find out more, please visit www.kirasystems.com.
About Davis Polk
Davis Polk & Wardwell LLP (including its associated entities) is a global law firm with offices strategically located in the world’s key financial centers. For more than 165 years, our lawyers have advised industry-leading companies and global financial institutions on their most challenging legal and business matters. Davis Polk ranks among the world’s preeminent law firms across the entire range of its practice, which spans such areas as capital markets, mergers and acquisitions, credit, antitrust and competition, litigation and enforcement, private equity, tax, financial regulation, investment management, restructuring, executive compensation, FinTech, intellectual property and technology, real estate, and trusts and estates. Davis Polk has more than 900 lawyers in offices located in New York, Northern California, Washington DC, São Paulo, London, Paris, Madrid, Tokyo, Beijing and Hong Kong. For more information, please visit: http://www.davispolk.com.