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

LawSites

The company developed what was the first of a now-common class of products that use machine learning for contract review and analysis. Litera said it will incorporate Kira’s machine learning workflows into its Litera Transact transaction management platform. Waisberg will serve as a strategic advisor to Litera.

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

LawSites

Seven weeks ago, as Litera announced its acquisition of Kira Systems , the pioneering AI contract analysis company, Kira announced the spin off of a new company, Zuva , to continue developing machine learning technology for business documents. Alexander Hudek , is also joining Zuva as strategic advisor.). First Product Release.

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The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

billion by 2023, growing at a compound annual growth rate (CAGR) of around 10% from 2018. Here are some of the key technologies shaping the legal industry: Artificial Intelligence (AI) and Machine Learning Legal Research: AI-powered platforms, like ROSS, use natural language processing (NLP) and machine learning.