Remove 2021 Remove Contract Remove Diligence
article thumbnail

Zuva Launches Free AI-Powered Contracts Review Tool

LawSites

Zuva , the company that spun off from Kira Systems after Kira was acquired by Litera in 2021, is offering a completely free version of its AI-powered contract review technology, which can be used by anyone just by uploading contracts to Zuva’s website. You can access the tool directly from the Zuva home page.

Contract 112
article thumbnail

Legal Staffing Lessons for Today’s Marketplace

Attorney at Work

Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . In many cases, this meant that they, like their law firm counterparts, hired contract attorneys to fill in gaps, provide niche expertise and keep costs in check. Here are some lessons they learned.

Legal 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Clauses to Include in IT Company Contracts: Supplier and Partner Contracts, Licensing, and Employment Agreements

Chugh LLP

IT companies need a range of contracts, such as agreements with suppliers or partners, contracts with their employees, and licensing agreements. It is crucial that tech companies put in the time and effort at the start of a new contract to ensure that all important clauses are covered. Supplier and Partner Contracts.

article thumbnail

Kira, Litera’s Contract Review Software, Gets ‘Smart Summaries’ Feature Driven By Generative AI

LawSites

When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis. Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews.

article thumbnail

Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

Kira Systems , a 10-year-old Toronto company that pioneered the use of artificial intelligence in contract analysis, is to be acquired by the global legal technology company Litera , its 12th acquisition over the span of two years. Zuva will launch and announce its first product in September 2021. Litera CEO Avaneesh Marwaha.

Legal 105
article thumbnail

Alternative Legal Service Provider and Cenza – A quick recap of the journey

Cenza

This fact was further reiterated by Thomson Reuters’ Alternative Legal Service Providers 2021 Report, which unveiled that nearly 79% of law firms and over 71% of corporate law departments are leveraging the services of ALSPs. Despite the not-so-clear path it traversed, the ALSP industry has evolved into a $15.8 billion market today.

article thumbnail

The ITLOS Advisory Opinion on Climate Change: An introduction into the joint blog symposium

ClimateChange-ClimateLaw

” The tribunal also emphasized that article 194, paragraph 1, of UNCLOS imposes a due diligence standard on States that is “stringent”. The tribunal noted that the due diligence standard may also vary in accordance with State capabilities and available resources.

Diligence 126