NEW YORK — Wolters Kluwer Legal & Regulatory U.S. today launched M&A Clause Analytics, a workflow solution rooted in cutting edge artificial intelligence, in collaboration with KMStandards, with curation by expert attorneys. M&A Clause Analytics – which aims to set a new market standard for simultaneously improving the quality of drafting, while streamlining the M&A document drafting process – will be a central component of the Transactional Law Suite for Securities.
The solution provides a wide range of acquisition agreements, clauses, and related documents by employing both machine learning and expert curation. Differentiating itself from competitive products, M&A Clause Analytics puts forth a model for each agreement based on a robust, statistically significant sample set of recent documents. The AI-generated statistical median model document is then carefully reviewed by M&A attorneys, ensuring the best of machine learning and expert human curation. With these tools, the product then offers users a variety of core functionalities including:
“M&A Clause Analytics breaks new ground through the combination of artificial intelligence with expert attorney curation, driving both improved productivity and better client outcomes,” said Dean Sonderegger, Vice President & General Manager, Legal Markets & Innovation. “The launch ofM&A Clause Analytics is Wolters Kluwer’s latest move to enhance our best-in-class transactional offerings by integrating our deep legal expertise with the best in emerging technology, content curation and aggregation and seamless workflow integration.”
By providing access to a database of Merger, Stock Purchase, and Asset Purchase Agreements and their ancillary documents, M&A Clause Analyticsdramatically streamlines the M&A drafting process for legal professionals. The workflow solution provides a comprehensive database of articles and clauses that appear in acquisition and ancillary agreements, giving users insight and guidance into accepted standards to apply to their own agreements. Legal professionals can view the commonality and variability of specific articles and clauses within an agreement, and compare specific clauses to the standard language used in clauses of that type.
“Model forms reliably capture best practice standards, which can be used as a starting point for a drafting a new agreement or selected clauses,” said Kingsley Martin, President and CEO of KMStandards. “Using our proprietary technology, the forms and clauses are assembled from the automated analysis of thousands of successfully negotiated agreements which importantly provides an objective, statistical standard that provides lawyers with an immediate sense of which clauses tend to be highly negotiated and which are not, providing important context that aids them in drafting.”
M&A Clause Analytics‘ most notable features include the following:
“As clients continue to aggressively pursue improved cost efficiency and timeliness from legal providers, legal professionals are increasingly in need of workflow solutions that address their most critical pain points,” said Sonderegger. “We developed M&A Clause Analytics to harness the newest enabling technology in combination with our domain expertise to provide legal professionals with greater clarity, efficiency, and understanding of Merger Agreements that they confront most frequently in practice.”
About Wolters Kluwer Legal & Regulatory U.S.
Wolters Kluwer Legal & Regulatory U.S. is a part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
For more information about Wolters Kluwer Legal & Regulatory U.S., visit www.WoltersKluwerLR.com, follow us on Facebook, Twitter and LinkedIn.
Media
Linda Gharib
Director, Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: linda.gharib@wolterskluwer.com
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SOURCE Wolters Kluwer Legal & Regulatory U.S.