The AI system of the Canada-based company will be first rolled out across the corporate and securities practice of the firm. The move marks another step forward during a period of considerable growth for Kira with a series of client wins in the last 12 months.
Keith Mendelson, leader of Womble Carlyle’s Corporate & Securities Practice Group, said in a statement: ‘Kira will help us deliver the best of our talents at a scale impossible without technology assistance.’
The law firm added: ‘A Kira contract review saves 20% to 60% of the time spent on a conventional contract review, freeing up attorneys to focus on higher value client work, while maintaining Womble Carlyle’s high standards for client service.’
‘We’ve invested in Kira on behalf of our clients,’ added Bill Koch, Womble Carlyle’s Chief Knowledge Officer. ‘Kira’s innovative tools will help us deliver even more efficient and accurate service to our clients.’
Noah Waisberg, CEO and co-founder of Kira Systems, said: ‘Womble Carlyle’s focus on offering superior legal services for clients is well known. We are excited to be working with them to support their growth and helping to amplify their distinctive brand with the use of Kira.’
The adoption of Kira follows the law firm’s investment in 2016 in Ross Intelligence, another AI platform, in this case with a focus on legal research. These efforts are spearheaded by the firm’s Innovation Board, which was created in 2016.