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Artificial Intelligence for Contract Analytics March 28, 2017

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Presentation on theme: "Artificial Intelligence for Contract Analytics March 28, 2017"— Presentation transcript:

1 Artificial Intelligence for Contract Analytics March 28, 2017
Beyond the Hype Artificial Intelligence for Contract Analytics March 28, 2017

2 Noah Waisberg is the CEO of Kira Systems
Noah Waisberg is the CEO of Kira Systems. Prior to co-founding Kira Systems, Noah was a corporate lawyer at Weil, Gotshal & Manges in New York, where he focused on private equity, M&A, and securities. Noah is an expert on contract analysis, legal technology, and artificial intelligence; has spoken at conferences including SXSW Interactive, ILTACON, and ReInvent Law; and was named 2016 ILTA Innovative Thought Leader of the Year.

3 Caitlin Garner manages Allens' Arrow in-house document review team and has significant experience with complex document reviews using alternative resourcing models and integrated technology solutions. Drawing on a multidisciplinary education and work experience in law, engineering and legal project management, she delivers integrated document review solutions for clients using a low-cost flexible resourcing model. Caitlin has led the integration of Kira technology in due diligence reviews of leases, including the development of custom provisions.

4 Amy Monaghan recently joined Perkins Coie as Practice Innovations Manager within the Knowledge Management group. Amy works side-by-side with practice groups to further KM initiatives, particularly those involving artificial intelligence and other advanced technologies, such as document assembly, logic systems and workflow tools, contract extraction and analysis and machine learning. Prior to joining Perkins, Amy was in a similar role at Chapman and Cutler. Amy received her J.D. from Chicago-Kent School of Law and her B.A.V.C.S. from The School of the Art Institute of Chicago. She has been using Kira in various roles since 2014.

5 Beth Patterson is the Chief Legal & Technology Services Officer at Allens, an international law firm based in Australia. Beth is a globally recognized leader in developing legal technologies, including the application of artificial intelligence to deliver competitive client solutions. Beth leads a team of multi-disciplinary professionals, working with lawyers and clients to deliver integrated low cost document review solutions combined with market-leading technologies. Her innovative work saw her recently receive the LawTech Legal IT Leader of the Year - Large Firm and the 2015 ILTA Litigation Support Professional of the Year award. Beth's team recently won the Lexis Nexis Janders Dean Innovation Index award and Allens was a winner of Australasian Lawyer's Innovative Firms of 2016.

6 What is A.I.?

7 Artificial Intelligence

8 Today, No One Artificial Intelligence

9 Why is now the time for A.I.?

10 Why is now the time for A.I. in contract analysis?
Status quo contract analysis is: Slow and time consuming Prone to error Looking for consistent information across agreements

11 Machine learning, and how it’s useful in contract analysis

12 How Kira Works

13 Faster and more accurate
Customer-reported reductions in review time, even while maintaining or improving accuracy of results

14 Awards & firms Gartner Cool Vendor 2016 in Procurement and Sourcing Technology IDC Innovator 2016 for Machine Learning-Based Text Analytics Legaltech News 2016 Innovation Award for Knowledge Management Software of the Year ACQ Global Awards 2015 for International M&A Technology Product of the Year Legaltech New 2015 New Product of the Year Finalist International Legal Technology Association, 2016 Vendor Innovative Thought Leader of the Year International Legal Technology Association, 2016 Innovative Solution Provider of the Year Short List

15 Machine learning in property due diligence

16 Machine learning in KM

17 Kira Demo

18 The future of A.I. in contract analytics & law

19 Questions?

20 Contact Kira Systems kirasystems.com (0)20


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