DLA Piper partners with Kira Systems to leverage artificial intelligence tool for M&A due diligence
DLA Piper announced today that it has partnered with Kira Systems to implement an artificial intelligence tool for document review during the due diligence process for M&A transactions.
“We believe that this innovative technology will do for corporate transactional work what e-discovery has done for litigation,” said Jonathan Klein, chair of DLA Piper’s US Mergers and Acquisitions practice. “It will not only make due diligence faster and more efficient, but will mitigate risk throughout the process, all of which are important benefits for our clients and the firm.”
“It’s clear that using tools like Kira will transform the way in which we deliver our services to clients. On a recent deal, our knowledge and experience combined with Kira meant that we could deliver to much faster timelines with greater accuracy and efficiency,” said Lyndon Masters, Corporate M&A partner in Brisbane.
This content has been updated on 06/15/2016 at 15 h 55 min.