Baker Donelson law firm in Washington, D.C. July 18, 2014. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL. (Diego M. Radzinschi)
Baker Donelson’s recent deal to bring on Kira Systems’ machine learning technology to analyze and manage the firm’s contracts makes them the latest in a spate of firms to turn to artificial intelligence (AI) for contract operations. The firm plans to use Kira’s technology to analyze and manage various transactional processes, notably complex acquisitions and capital raises for businesses with large contract bases.