KIIAC Selected by Association of Corporate Counsel to Support in House Member Services

Washington DC, DC, March 01, 2012 --(PR.com)-- Signaling the continued expansion of KIIAC, LLC products and services into the legal marketplace, KIIAC President and CEO Kingsley Martin has announced Association of Corporate Counsel as the latest addition to the growing list of partnerships and clients.

The partnership recently launched a member-only ACC’s Contract Advisor platform which provides members with KIIAC’s user-friendly technology to draft contracts, create templates, capture checklists, benchmark, access a vast clause library, and much more.

KIIAC has developed the first, and only, contract analysis technology that automatically establishes contract standards and drafting templates. At the core of KIIAC’s offerings is a patented, highly-innovative contract analysis engine which provides law firms and corporate law offices with model legal documents and the ability to create and maintain document templates and clause libraries specific to their needs.

“In these times of increased competition and pressure on internal legal departments to perform more with less, KIIAC’s advanced software tools provide both quality and efficiency to ACC’s 29,000+ global members,” explains Martin. “We have constructed a members-only ACC contract advisor platform which will aid in house counsel immensely.”

KIIAC’s sophisticated technology can analyze any set of agreements and automatically determine what clauses the agreement contains, how those clauses are organized, and the range of standard and non-standard language used in each clause. The software generates an outline or checklist of the standard terms and specific variations. It also creates a clause library for each deal term, identifies the core, non-negotiated language and the full range of alternatives. Additionally, the benchmarking feature provides a tool for participants to compare their contracts to the analysis of the ACC member’s agreements. The benchmark report shows what clauses match the analysis (and the degree of match), what clauses are specific to the member’s contract, and what clauses may potentially be missing.

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KIIAC LLC (www.kiiac.com) is the leading technology innovator in the field of transactional practice.
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KIIAC LLC
Kingsley Martin
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