ContractPodAi, a legal AI and contract lifecycle management leader, has said it will form a strategic alliance with global professional services firm KPMG to enhance managed legal services in key countries like the US, UK, and Germany. KPMG has opted for using the Leah generative AI platform from ContractPodAi to power the new managed legal service capability.
This association marks a significant stride in the development of next generation technology adoption within the legal services sector. KPMG will harness all the advanced capabilities Leah has to offer to make legal operations agile, more accurate, and faster in executing high-volume processes. Leah is powered by a set of advanced large language models to support rapid analysis, review, composition, and management of legal documents, ensuring efficiency and precision in the delivery of legal services.
Andy Giverin, based in the UK, is our Global Leader of Managed Legal Services. US operations are led by Jeff Catanzaro. The leadership appointments reflect KPMG’s continued commitment to industry expertise being complemented by high-quality AI expertise within services for legal and law firms. Through our AI modeling and our wide range of legal intelligence applications, we are creating a new market standard in vertical intelligence in this field. “This alliance will be very enriching for KPMG and its global customers,” said ContractPodAi CEO Sarvarth Misra.
KPMG has not yet officially released its managed legal services. The motive is to have easier, faster, and more efficient access to legal intelligence. As explained by KPMG, its managed legal services are based on a simple model built to reduce operational cost and hurry up the legal intelligence processes, hence bringing about an overall efficiency. Effective action insights provided to the clients, therefore, will act as a competitive advantage in the increasingly complicated legal landscape.
Giverin stressed that its LegalTech solutions were designed to add human strength, not to replace lawyers. Automated contracting was always coupled with oversight by the human being doing it, which means at all of the crucial moments the company was applying appropriate legal judgment.
Catanzaro said, “Agreement with ContractPodAi gives us powerful technological backbone supporting better management of complex contracts. This partnership enables clients to focus on strategic growth while eradicating administrative burdens and minimizing the potential for error. As the law is forever changing with AI, this strategic partnership puts KPMG and ContractPodAi in a leading position at the forefront of innovation for managed legal services.
