One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis.
Instead of…
Two legal companies that are leaders in document and contracts technology, Zuva and Litera, revealed today that they have developed a multi-level document classification taxonomy for use by legal professionals and companies, and that they have contributed the taxonomy to the SALI Alliance, a group working to standardize legal data, to make…
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.
“Contracts AI is typically pretty expensive,” Noah Waisberg, Zuva’s CEO…
I spent last week at ILTACON, the annual convention of the International Legal Technology Association. With nearly 3,000 attendees, it was the third largest ILTACON ever – a particularly significant stat given that we have yet to fully emerge from three years in the grips of the global pandemic.
ILTACON is an opportunity for legal…
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.
Now, Zuva is off to a running start, announcing today that it has secured Series…
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.
Kira’s CEO, Noah Waisberg, a former corporate lawyer with Weil, Gotshal & Manges in New York,…
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