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

LawSites

Kira’s CEO, Noah Waisberg , a former corporate lawyer with Weil, Gotshal & Manges in New York, and its CTO, Dr. Alexander Hudek , a computer scientist, founded the company in 2011, originally under the name DiligenceEngine (which I reviewed in 2014 ). Our brand wants to be the brand that law firms look to solve problems,” he said.

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Fueled By $20M Raise, Kira Spin-Off Zuva Reveals Its First Product

LawSites

MNTSQ, a company that developed AI technology for performing due diligence on Japanese-language contracts, will use DocAI to add analysis of English-language documents. .” Zuva has already signed two customers, MNTSQ and Vigilant AI , and others are likely to be announced soon, Waisberg said.

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Software Substitutes for Lawyers

The Law Product Makers blog

Marc Andreessen quipped in 2011: “Software is eating the world”. Law has a high information component. In a large sense, law is information or as Bill Palin, the young lawyer who won the ABA’s Legal Hackathon at last year’s ABA Annual Meeting , says, “law is code”. The legal profession is not immune from this development.