McCann FitzGerald has successfully trialled state-of-the-art Kira software in M&A, corporate finance and capital markets transactions in a move to improve efficiency and lower costs for clients. It is the first law firm in Ireland to deploy this technology, building on the launch of the Data Investigations Group earlier in the year. Kira software uses the power of artificial intelligence, searches and text analysis within documents to deliver improved levels of speed, efficiency and quality to processes. Commenting on the project, managing partner Barry Devereux said: 'Our investment in Kira Systems’ innovative software is the latest milestone in our digital strategy. Our in-house expertise combined with the latest cutting-edge technology enables us to process complex data and deliver exceptional value to clients.'
Earlier this year, McCann FitzGerald launched its Data Investigations Group, a model for the management of high-volume document review and reporting. By combining the latest data review software and techniques with specialist legal project management, the firm claims the Data Investigations Group can save clients up to 40 per cent in cost over traditional review and research methods. Partner Karyn Harty commented: 'McCann FitzGerald has world-class experience in using artificial intelligence for data review and investigations. We have worked on some of the leading AI projects in Ireland across various disciplines including corporate, M&A, real estate and litigation.'