Kira’s AI review capability will be used by Cassels Brock on commercial transactions that have a due diligence or contract analysis component.
The news follows several other client wins for the AI company, including most recently seeing global LPO Integreon adopt its technology.
The law firm, which has three offices across Canada, said in a statement that its use of Kira ‘would have a particular focus on financing transactions and mergers and acquisitions’. It will also be used, on behalf of their clients to manage and analyse contract, royalty, and lease portfolios, such as ‘preparing summaries, tracking renewal and notice provisions, and identifying non-conforming provisions’.
Mark Young, Co-Managing Partner, said: ‘Adopting Kira is the latest example of our innovative approach to legal service delivery. With this addition to our toolkit we will be able to more effectively and efficiently process and manage due diligence and other contract analysis on even the most complex or paper-intensive matters, without putting accuracy at risk.’
Daniel Von Weihe, VP Sales & Customer Success at Kira Systems, added: ‘We are thrilled to have been chosen as part of the innovative practice of Cassels Brock in Canada and we look forward to hearing more as the firm incorporates Kira into their ongoing services for clients.’
Meanwhile, Tilly Gray, Director of Practice Excellence, Practice Support at Cassels Brock, concluded: ‘Changing the way that certain routine and repetitive tasks are handled allows our lawyers to focus on more challenging work, improving their development and future success, while at the same time driving greater efficiencies for the benefit of our clients.’