AI holds significant promise to reduce our clients’ risks and costs. Fenwick rolled out two new artificial intelligence programs to make our corporate M&A and litigation services even more efficient and effective.
On the corporate side, we have deployed Kira, which uses AI and machine learning to improve document review in the due diligence process. Kira helps our attorneys complete contract review work faster while mitigating risk of errors and unexpected liabilities. Greater efficiency means potential cost savings and more predictable budgeting for clients and enables Fenwick to deliver greater value in terms of the volume of cost-effective contract review we can complete prior to closing.
On the litigation front, we have launched Casetext’s CARA, an automated legal research tool. CARA, which stands for Computer Assisted Research Assistant, provides tailored and automated analysis, helping us do better legal research—faster. This allows our lawyers to focus on legal strategy and building our clients’ cases.
These technologies are already making a difference in the way we deliver corporate and litigation services to our clients—and we’re just getting started.
Continuing our commitment to innovation and client service, we selected Kira and CARA after testing the tools on real M&A deals and active litigation matters. They saved us time, and cut costs significantly. And that’s a story we like to share with our clients.
Kira uses advanced machine learning technology to search and analyze text in contracts, giving users a faster initial review and enabling analysis across the entire body of documents in minutes.
Kira’s search capabilities were designed for due diligence review and can automate the extraction and analysis of key contract provisions and create summaries in seconds.
CARA uses artificial intelligence and machine learning technologies to automate key legal research tasks narrowly tailored to client needs.
Lawyers simply upload a legal brief into the CARA interface, which then quickly identifies highly relevant cases that are not cited in the brief.
This new process allows lawyers to improve the quality control of their work or expedite research by uploading an opponent’s brief. CARA helps Fenwick lawyers to focus on building their clients’ cases, including discovering valuable legal precedent to add to the arguments being developed, and spend research time more efficiently.
We are always assessing and improving our use of legal technologies to deliver superior client service. If you’d like to discuss ways to reduce risks and enhance efficiency in your corporate matters, contact Alicia Ryan at (650) 335-7399 or firstname.lastname@example.org. For questions about the innovative tools and processes we’re exploring in litigation, contact Irene Pertsovsky at (650) 335-7104 or email@example.com.