St. Louis, Missouri, January 29, 2020 - Thompson Coburn LLP, a national law firm with 373 lawyers, more than 50 practice areas, and offices in Chicago, Washington, D.C., Los Angeles, St. Louis and Southern Illinois, today announced the adoption of Kira, machine learning contract analysis software.
Kira software uses machine learning technology to identify relevant contract provisions. It can identify similar provisions among contracts despite variations in wording. Lawyers use Kira to help automate the extraction and analysis of key contract provisions, facilitating due diligence, deal points studies, general contract reviews, and regulatory compliance.
Kira software is innovative. It will give our legal teams an additional tool to facilitate contract review, which we expect to reduce time spent on due diligence,” said Rob Kamensky, Partner, Thompson Coburn.
The firm expects Kira to help serve clients across the firm’s corporate practices: for due diligence on mergers and acquisitions; to help monitor regulatory changes; to facilitate portfolio review, which can include thousands of contracts; and to develop guides for contract negotiations.
We are thrilled to be working with Thompson Coburn because of their commitment to innovation and their pursuit of technology to provide their clients with greater efficiencies, accuracy and value,” said Noah Waisberg, CEO, Kira Systems. “We look forward to supporting Thompson Coburn through the use of Kira.”
About Thompson Coburn LLP
Thompson Coburn is a full-service law firm with 373 attorneys practicing in more than 50 areas of law, with offices in Chicago, Washington, D.C., Los Angeles, St. Louis and Southern Illinois. In 2019, the firm was recognized by the Association of Corporate Counsel as an ACC Value Champion, an international honor that recognizes “best-in-class” innovations that drive value and dramatically improve efficiencies within corporate law departments.
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.