Cyril Amarchand Mangaldas (CAM) has signed an agreement with Canada-based technology company Kira Systems to use its artificial intelligence software. CAM is Kira’s first law firm client in India.
Kira’s software uses artificial intelligence to identify, analyse and extract clauses and other information from contracts and other types of legal documents. It includes integrated machine learning models for a range of transaction requirements, across practice areas. It can also identify different clauses across a large volume of legal contracts with a high degree of accuracy.
CAM hopes the technology will enhance its delivery model to provide certain legal services more efficiently, quickly and accurately to its clients. Although other technologies can identify and tag terms within legal documents, CAM was attracted to Kira’s software due to its advanced machine learning features.