Two new alliances announced this week are worthy of your attention. First up FTI Consulting’s technology practice has teamed up with Kira Systems, offering its contract review software to bolster the capability of FTI’s contract intelligence practice launched in June 2017.
The new practice provides clients with contract process experts, forensic experts, corporate investigation specialists and technology professionals who have led some of the world’s largest and most complex regulatory, M&A and investigative engagements.
“Relying exclusively on manual processes for collecting and reviewing relevant data within contracts is cost-prohibitive and resource-intensive,” said Ryan Drimalla, a managing director in FTI Technology’s Contract Intelligence practice. “Kira’s ease of use and scalability will help our team automate the extraction of business-critical information found within these documents and, through integration with our existing suite of technologies, provide our clients with even more powerful and comprehensive contract discovery and analysis solutions.”
Elsewhere, HighQ has entered into partnership with Feynbrook, a legal solutions delivery company based in Sydney, Australia, in a first-of-its-kind partnership for HighQ in the Asia-Pacific (APAC) market.
Feynbrook will act as a localised extension of HighQ, and the two companies will work together to develop potential new applications of HighQ’s products to address the requirements and needs of their APAC clients.
“Feynbrook looks forward to working with IT and legal teams to implement HighQ products in our region,” said Tony Brooks, CEO of Feynbrook. “This partnership allows us to offer more than initial configuration and training. We will be a part of creating a collaborative culture that lives beyond deployment. We have the opportunity to help legal teams identify problems and design a simple solution that centres on the end client. The HighQ platform is an impressive suite of tools – we are particularly excited about the new workflow and AI capabilities coming later this year.”
“Feynbrook is a crucial partner for us as we continue to build tailored technology solutions to meet the needs of clients in the region,” said Mark Pierce, global head of partners for HighQ. “Feynbrook brings a wealth of knowledge, experience and industry insight to the table and we are excited to work with them to better support our growing APAC client base.”