ÿþ<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <title>kiiac - document automation specialists</title> <meta http-equiv="Content-Language" content="English" /> <meta http-equiv="content-type" content="text/html; charset=iso-8859-1" /> <meta name="description" content="document automation" /> <meta name="keywords" content="documents,automation,templates,tranasctional,assembly,drafting" /> <meta name="Robots" content="index,follow" /> <link href="css/kiiac1.css" rel="stylesheet" type="text/css" /> <link rel="stylesheet" type="text/css" href="css/csshorizontalmenu1.css" /> <script type="text/javascript" src="js/kiiac1.js"></script> <script type="text/javascript" src="js/csshorizontalmenu1.js"></script> <style type="text/css"> .external {text-decoration: none;color: #006AC3;line-height: 20px;border-bottom: 1px dotted #006AC3;padding: 2px 2px 0px 2px;} .external:hover {text-decoration: none;color: #006AC3;border-bottom: 1px solid #006AC3;padding: 2px 2px 0px 2px;} .internal {text-decoration: none;color: #006AC3;} .instructions {background:#E0E0F8;border:solid 1px #BDBDBD;padding:6px;} .openning {padding:6px;} .clause {margin-left:50px;padding:6px;border:solid 1px #BDBDBD;} .default {color:#0B610B} .alternate {color:#0B615E} </style> </head> <body> <div id="container"> <script type="text/javascript">writeHeader();writeMenu();</script> <div id="container-fullscreen"> <h1> <span>kiiac</span> in the News</h1> <h3 class="news"> CBA PracticeLink <br><a class="external" href="http://www.cba.org/cba/practicelink/leadership_technology/systems.aspx" target="_blank" title="Press Release"><span style="color: #ad0d0d"> Here come the robo-lawyers </span></a></h3> <p><strong>October, 2011</strong><br /> Jordan Furlong writes that &quot;We've reached the point where emerging products and systems can perform some of the legal analysis and knowledge application functions once performed exclusively by lawyers.&quot; The article features <a href='http://www.neotalogic.com'>NeotaLogic</a>, <a href='http://www.koncision.com'> Koncision</a> and <a href='http://www.kiiac.com'>KIIAC</a> as examples &quot;replicate some of the legal analysis and knowledge application functions upon which countless successful law practices are built.&quot;</p> <h3 class="news"> Press Release <br><a class="external" href="http://www.kiiac.com/pr/Cassels Brock Inks Enterprise Agreement with KIIAC (08-16-2-11).pdf" target="_blank" title="Press Release"><span style="color: #ad0d0d"> Cassels Brock Inks Enterprise Agreement with KIIAC</span></a></h3> <p><strong>August 16, 2011</strong><br /> Signaling the continued expansion of KIIAC LLC products and services into the legal marketplace, KIIAC President and CEO Kingsley Martin has announced Cassels Brock & Blackwell LLP as the latest addition to the growing list of KIIAC clients. </p> <h3 class="news"> American Lawyer <br><a class="external" href="http://amlawdaily.typepad.com/amlawdaily/2011/06/chasm.html target="_blank" title="American Lawyer Daily"><span style="color: #ad0d0d"> A Chasm With Consequences</span></a></h3> <p><strong>June 1, 2011</strong><br /> Aric Press writes that "[t]here is now a $1.1 million gap between the average profits per partner of the top 23 firms on The Am Law 200, as ranked by PPP, and the average of the next 27 firms." This chasm will likely produce even greater competition among lower ranked firms and heightened efforts to increase profitability. To date, however, law firms have attempted to maintain profitability by shedding unprofitable workers and tinkering with knowledge management initiatives. Aric highlights two potentially disruptive forces to restore profitability. The first is KIIAC. Aric writes:  First, it [is] now possible for a firm, at a cost far less than it could manage on its own, to assemble the intellectual property of its lawyers. Second, there [are] no longer any secrets for deal documents. </p> <h3 class="news"> BLOGS: <br><a class="external" href="http://www.geeklawblog.com/2011/05/industry-standard-documents-with.html" target="_blank" title="Three Geeks Blog"><span style="color: #ad0d0d"> Industry Standard Documents  With a Capital  S </span></a></h3> <p><strong>May 27, 2011</strong><br /> Toby Brown writes: "KIIAC brings ... knowledge from very large sets of documents and brings in to focus a true standard. What this means is we now will have Standards with a capital  S in the legal market. These standards come from documents actually being used on the market, not what some small group of people think should be used. These standards will be knowledge that hasn t previously existed."</p> <h3 class="news"> ARTICLE: The New Normal <br><a class="external" href="http://www.abajournal.com/legalrebels/article/a_firms_crown_jewels_can_be_its_efficiency_rather_than_its_expertise/" target="_blank" title="ABA Journal&mdash;Legal Rebels"><span style="color: #ad0d0d"> Should a Firm Keep Its  Crown Jewels in the Vault, or Share Them with Clients?</span></a></h3> <p><strong>May 15, 2011</strong><br /> <a href="http://www.linkedin.com/pub/paul-lippe/0/33/499">Paul Lippe</a> reports on a London KM Conference where <a href="http://www.linkedin.com/in/pkrakaur">Peter Krakaur</a> of <a href="http://www.orrick.com/">Orrick, Herrington & Sutcliffe</a> presented KIIAC's capability "to retrieve all Cravath deals off EDGAR, and show which provisions were more common when Cravath was representing a buyer or a seller. In fact, using these approaches, someone outside a large firm in half a day can probably organize that firm s  crown jewels better than they are currently organized inside the firm."</p> <h3 class="news"> New Web Site: <br><a class="external" href="http://www.contractstandards.com" target="_blank" title="Contract Standards Web Site"><span style="color: #ad0d0d"> KIIAC announces launch of new web site</span></a></h3> <p><strong>February 14, 2011</strong><br /> KIIAC announces the launch of <a class="external" href="http://www.contractstandards.com" target="_blank" title="Contract Standards Web Site">ContractStandards.com</a>, a web site that seeks to collect and share global contract standards, document automation tools, and provide a framework for collaborative development. The site s mission is to openly share contract standards transaction analysis, checklists, and clause libraries in an effort to establish global contract norms. It is hoped readers will share their knowledge through comments, practice guidance and other contributions.</p> <h3 class="news"> ABA Journal: <br><a class="external" href="http://www.abajournal.com/magazine/article/an_ip_form_is_born_aba_task_force_uses_software_to_find_common_provisions/" target="_blank" title="ABA Task Force Uses Software to Find Common IP Security Provisions"><span style="color: #ad0d0d"> ABA Task Force Uses Software to Find Common IP Security Provisions</span></a></h3> <p><strong>December 1, 2010</strong>&mdash;Article by G.M. Filisko<br /> ABA Model Intellectual Property Security Agreement Task Force is using kiiac to create a model IP security agreement. The process is explained by <a href="http://www.babc.com/john-e-murdock-iii/">John Murdock</a> in a <a href="http://www.youtube.com/watch?v=zAlGL_oRMNA">YouTube video</a>. Using kiiiac software, the task force quickly creates a standard form and all variations, based on 105 IP security agreements pulled from the EDGAR database. The task force members can then vote on which provisions should be incuded in the model using an <a href="http://www.surveymonkey.com/s/MIPSA1">online survey</a>.</p> <h3 class="news"> Post ILTA Blogs: <br><a class="external" href="http://www.geeklawblog.com/2010/09/queuing-up-for-obsolescence-more-on.html" target="_blank" title="Queuing up for Obsolescence: More on Analysis KM"><span style="color: #ad0d0d"> Queuing up for Obsolescence: More on Analysis KM</span></a></h3> <p><strong>September 2, 2010</strong>&mdash;3 Geeks and a Law Blog<br /> <a href="http://www.linkedin.com/in/tobinbrown/">Toby Brown</a> reports on the ILTA session: "How KM Supports AFAs," during which <a href="http://www.linkedin.com/pub/peter-krakaur/0/18/714"> Peter Krakaur,</a> CKO for <a href="http://www.orrick.com/">Orrick</a>, first publicly showed kiiac in action. Toby reports that "KIIAC, through its analysis of large volumes of content, is a nice example of the next generation of KM that goes beyond search and collaboration. This truly disruptive technology..."</p> <h3 class="news"><a class="external" href="http://aboveandbeyondkm.com/2010/08/light-bulbs-in-las-vegas-ilta10.html" target="_blank" title="Light Bulbs in Las Vegas [#ILTA10]"><span style="color: #ad0d0d"> Light Bulbs in Las Vegas [#ILTA10]</span></a></h3> <p><strong>August 31, 2010</strong>&mdash;Above and Beyond KM<br /> <a href="http://www.linkedin.com/in/vmaryabraham/">Mary Abraham</a> reports on her aha moments at ILTA, one being kiiac. Mary kindly writes about the "astonishing KIIAC software is able to analyze precedent documents and generate a form automatically in a matter of hours. This will transform the creation of model documents and the role of practicing support lawyers. Above all, if this software allows firms to generate an  at market form of a complex agreement at the push of the button, what will that do to the practice of law?"</p> <h3 class="news"> Adams Drafting: <a class="external" href="http://www.adamsdrafting.com/2010/08/23/some-features-of-koncision-contract-automation/" target="_blank" title="Koncision Contract Automation."><span style="color: #ad0d0d"> Koncision Contract Automation</span></a></h3> <p><strong>August 23, 2010</strong>&mdash;Product Announcement<br /> Ken Adams announces a new document automation service to draft and review legal agreements, starting with NDAs. Ken notes that "reviewing NDA's is probably even more of a nuisance than drafting them." He also reports that he plans to use kiiac to "make sense of the precedent contracts."</p> <h3 class="news"> Law Technology News: <a class="external" href="http://www.law.com/jsp/lawtechnologynews/PubArticleLTN.jsp?id=1202446778093" target="_blank" title="The Future Is Now? Document assembly technology is gaining traction."><span style="color: #ad0d0d"> The Future Is Now? Document assembly technology is gaining traction.</span></a></h3> <p> <strong>April 01, 2010</strong>&mdash;Article by Michael Mills<br /> Michael Mills, a management consultant with Kraft Kennedy, based in New York reviews the resurgence in interest in document automation. He states that kiiac "addresses what may be the hardest document assembly problem  how to create document templates efficiently  with a statistical engine that analyzes and compares the structure and content of documents." </p> <h3 class="news"> ABA TechShow: <a class="external" href="http://new.abanet.org/calendar/TECHSHOW/Documents/sessiondescriptions/C7.htm" target="_blank" title="Advances in Knowledge Management"><span style="color: #ad0d0d"> Advances in Knowledge Management</span></a></h3> <p> <strong>March 26, 2010</strong>&mdash;Presentation with Toby Brown of Fulbright<br /> <strong>Presentation Summary:</strong> The need for lawyers and firms to embrace Knowledge Management (KM) is well recognized. The struggle for lawyers has been giving KM the right priority, especially in this time of change. This session will explore KM trends and give ideas for how firms can shine a brighter light on the value of KM. In the past, KM has been focused on enterprise search and mash-ups of the various knowledge systems a firm might have. Although these efforts have value, going forward KM will need to better align with the business goals of lawyers to achieve its full potential in delivering value. The rise of alternative fees is a prime opportunity to demonstrate how KM can help firms evolve. Attending this session will give you an understanding of where KM is and where it should be going. </p> <h3 class="news"> Chicago Bar Association: <a class="external" href="http://www.chicagobar.org/source/Meetings/cMeetingFunctionDetail.cfm?section=Calendar&product_major=LWPRA0210&functionstartdisplayrow=1" target="_blank" title="Contract Standards and Automation - Creating Drafting Templates and Clause Libraries in a Matter of Hours"> <span style="color: #ad0d0d">Contract Standards and Automation</span></a></h3> <p> <strong>February 26, 2010</strong>&mdash; Presentation and webcast putting Susskind's theory of the evolution of legal services into practice. The presentation features kiiac's technology which automates the process of creating model documents and clause libraries. </p> <h3 class="news"> The AmLaw Daily : <a class="external" href="http://amlawdaily.typepad.com" target="_blank" title="Link to Welcome to the Future: It's all about Quality : The AmLaw Daily"> <span style="color: #ad0d0d">Welcome to the Future: It's all about Quality</span></a></h3> <p> <strong>September 29, 2009</strong>&mdash;The AmLaw Daily's&mdash;<span style="color: #2288cc">Welcome to the Future</span> column, <a href="http://amlawdaily.typepad.com/amlawdaily/2009/09/welcome-to-the-future-its-all-about-quality.html" target="_blank"><em><span style="color: #2288cc">It's all about Quality</span></em></a>, explains why the billable hour may be doomed. Paul Lippe, founder and CEO of the <a href="http://legalonramp.com/" target="_blank"><span style="color: #2288cc">Legal OnRamp</span></a>, argues that large law firms must abandon the billable hour because what clients really buy is quality. He notes that, "while it is easy to measure inputs (hence the attraction of the billable hour), and harder to measure outcomes, still only outcomes are quality, only outcomes create value."</p> <p> Achieving good outcomes increasingly depends on technology and process, which means adopting new and innovative ways of serving clients. Lippe cites three examples of recent innovative approaches that can produce quality outcomes independent of hours billed:</p> <ul> <li>Alex Hamilton, a <a href="http://www.lw.com/" target="_blank"><span style="color: #2288cc"> Latham &amp; Watkins</span></a> partner, automated creating complex outsourcing agreements, which enables Latham to deliver lower and more predictable costs. </li> <li>Kingsley Martin at <a href="http://www.kiiac.com/" target="_blank"><span style="color: #2288cc"> KIIAC</span></a> develped a document analysis tool that evaluates <a href="http://www.sec.gov/edgar.shtml" target="_blank"><span style="color: #2288cc">EDGAR</span></a> or other document repositories to answer key substantive questions ("has Skadden ever agreed to this indemnity clause when they represented the Acquirer?") and so begins to "open source" legal know-how. This streamlines drafting. </li> <li>Lippe's third example is <a href="http://www.integreon.com/" target="_blank"><span style="color: #2288cc">Integreon</span></a>: "US-based outsourcers like Integreon can deliver predictable quality at lower cost by intensively managing the highly repetitive portion of large projects and incorporating offshore lawyers." </li> </ul> <p> <a href="http://amlawdaily.typepad.com/amlawdaily/2009/09/welcome-to-the-future-its-all-about-quality.html" target="_blank"><span style="color: #2288cc">Read the full article</span></a></p> <h3 class="news"> THE LAWYERS WEEKLY : <a class="external" href="http://www.slaw.ca/wp-content/uploads/2009/07/adams.pdf" target="_blank" title="Link to Welcome to the Future: It's all about Quality : The AmLaw Daily"> <span style="color: #ad0d0d">Commodification of contract drafting: a winning strategy</span></a></h3> <p> <strong>July 17, 2009</strong>&mdash;The AmLaw Daily "In the world of contract drafting, Ken Adams is the guru. For the past three years, the 48- year-old former corporate lawyer and self-described contract nerd based on New York's Long Island has held seminars around the world for lawyers eager to learn how to use clear and concise language when drawing up contracts."</p> <p> Ken advocates that "ultimately, contract drafting should be a commodity." The article features Business Integrity s ContractExpress <a href="http://www.business-integrity.com/products/contractexpressdealbuilder/default.html/" target="_blank">DealBuilder</a> and <a href="http://www.kiiac.com/" target="_blank"> <span style="color: #2288cc">KIIAC</span></a>. He states: "KIIAC (Knowledge Information Innovation and Consulting, pronounced "kayak"), makes software that can analyze a group of contracts, and can automatically determine what clauses they contain, how they are organized and display the standard and non-standard versions of a given clause."</p> <p> <a href="http://www.slaw.ca/wp-content/uploads/2009/07/adams.pdf" target="_blank"><span style="color: #2288cc">Read the full article</span></a></p> <h3 class="news"> KEN ADAMS : <a class="external" href="http://www.adamsdrafting.com/2009/03/24/kiiac-q-and-a/" target="_blank" title="Link to Welcome to the Future: It's all about Quality : The AmLaw Daily"> <span style="color: #ad0d0d">Automating Template Creation and Document Benchmarking: Q&A with Kingsley Martin, CEO of KIIAC</span></a></h3> <p> <strong>March 24, 2009</strong> In his blog, <a href="http://www.adamsdrafting.com/" target="_blank">AdamsDrafting</a>, Ken Adams, features KIIAC in a Q&amp;A format. Ken introduced the interview stating: "Through the contract-automation grapevine I heard about Kingsley Martin, president of <a href="http://www.kiiac.com/" target="_blank"> KIIAC LLC</a>, a company using proprietary software to help customers analyze contract models. Kingsley was kind enough to speak with me about KIIAC and show me how the software works. It's sophisticated and intuitive, and I think it meets a real need, so I was happy to turn my conversation with Kingsley into the following Q&amp;A."</p> <p> <span class="date"></span><a href="http://www.adamsdrafting.com/2009/03/24/kiiac-q-and-a/" target="_blank"><span style="color: #2288cc">Read the full article</span></a></p> <h3 class="news"> RON FRIEDMANN : <a class="external" href="http://www.prismlegal.com/wordpress/index.php?m=200902#post-916" target="_blank" title="Link to Measuring the Consistency of Legal Documents "><span style="color: #ad0d0d">MEASURING THE CONSISTENCY OF LEGAL DOCUMENTS</span></a></h3> <p> <strong>February 9, 2009</strong> In his blog, <a href="http://www.prismlegal.com/wordpress/" target="_blank">PrismLegal</a>, Ron Friedmann, features emerging tools that "assess how their documents compare to similar ones drafted by other lawyers." The article how technology can measure the consistency between contracts. Ron states: "An emerging product applies statistical metrics to compare like documents and help both lawyers and clients understand how to improve document drafting. More specifically, it facilitates building standard templates and knowing where to focus efforts on customizing. Kingsley Martin, known to many knowledge management professionals, has formed KIIAC LLC. His web site, which has the documents used for his initial analysis, is available at <a href="http://www.kiiac.com">www.kiiac.com</a>."</p> <p> <span class="date"></span><a href="http://www.prismlegal.com/wordpress/index.php?m=200902#post-916" target="_blank"><span style="color: #2288cc">Read the full article</span></a></p> <h3 class="news"> The AmLaw Daily : <a class="external" href="http://amlawdaily.typepad.com/amlawdaily/2009/09/welcome-to-the-future-its-all-about-quality.html" target="_blank" title="Link to Welcome to the Future: It's all about Quality : The AmLaw Daily"> <span style="color: #ad0d0d">Welcome to the Future: Would Henry V Have Used Web 2.0 at Agincourt? Part II</span></a></h3> <p> <strong>February 2, 2009</strong> The AmLaw Daily's <<span style="color: #2288cc">Welcome to the Future</span> column, <a href="http://www.law.com/jsp/legaltechnology/pubArticleLT.jsp?id=1202428081261" target="_blank"><em><span style="color: #2288cc">It's all about Quality</span></em></a>, discusses some of the likely consequences for both the practice and business of law from the widespread adoption of these Web 2.0 tools. Paul Lippe, founder and CEO of the <a href="http://legalonramp.com/" target="_blank"><span style="color: #2288cc"> Legal OnRamp</span></a>, identifies four key trends.</p> <ul> <li>First, more and more content will be free. </li> <li>Second, content and tools will converge. </li> <li>Third, the profile will become a cockpit for navigating the web, and a professional "social network" will become a "system of experts."</li> <li>&nbsp;Fourth, there will be a productivity gain. </li> </ul> <p> In the context of his second point, Paul two key technologies. "The point above is not that the value of content is disappearing, but rather that to get paid adequately for it lawyers and publishers must look for ways to add more value.&nbsp; This can mean doing search and meta-analysis around contract provisions in a super-sophisticated (<a href="http://www.kiiac.com">KIIAC</a>) or highly configurable way, reflecting how lawyers think (<a href="http://whichdraft.com/"><span style="color: #0000ff; text-decoration: underline">WhichDraft.com</span></a>), or doing automated contract or other legal document generation (RocketLaw). A company like RocketLaw will certainly displace some of the day-to-day work that individual lawyers have historically charged for, and large publishers increasingly will encroach on the business of their law firm customers in providing these tools.&nbsp; Large law firms are already in the complex position that their customer, the law department, also happens to be their number one competitor. They'll soon realize that their key supplier, the legal publisher, is their number two competitor.</p> <p> <a href="http://www.law.com/jsp/legaltechnology/pubArticleLT.jsp?id=1202428081261" target="_blank"><span style="color: #2288cc">Read the full article</span></a></p> </div> <script type="text/javascript">writeFooter();</script> </div> <!-- END container --> </body> </html>