Canadian Lawyer InHouse

May/June 2019

Legal news and trends for Canadian in-house counsel and c-suite executives

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17 CANADIANLAWYERMAG.COM/INHOUSE MAY/JUNE 2019 you don't have AI, there is only so much you can review, and the risk of missing some- thing important goes higher and higher." With serial acquirers, there is a trend of companies relying less on traditional firms and moving it in-house with a complement of external contract and traditional law firm support, says Bryan Friedman, gen - eral manager of Axiom in Canada, which provides technology-enabled legal and con- tracting services. If a deal needs an employment law or competition law focus, traditional firms will do a brief first cut, but in-house deal teams are leveraging different external pro - viders to supplement their in-house staff, says Friedman. Technology, and specifically AI, is playing a large role in how due diligence review is be - ing conducted, compared to five years ago. "We're seeing a push on both the acquisi- The volume of the documents is so big. If you don't have AI, there is only so much you can review, and the risk of missing something important goes higher and higher. ANNE GLOVER, Blake Cassels & Graydon LLP

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