Following the successful launch by Clarilis and FromCounsel of an automated private M&A suite to the English market in May 2021, FromCounsel and Clarilis have teamed up with leading Irish law firm Arthur Cox LLP to provide an extensively automated M&A document suite with best-in-class precedents, specifically for the Irish market.
Clarilis, FromCounsel and Arthur Cox LLP will address some of the key challenges faced by corporate teams within Irish law firms by combining:
Firms using the automation to draft M&A documents will benefit from time savings in the order of 12-14 hours per transaction. Realising those savings and the consequent increase of capacity within Irish corporate teams is crucial at a time when the M&A market in Ireland is booming as referenced in this recent Ernst & Young Report. This product will enable Irish law firms to work efficiently, increasing productivity without sacrificing quality.
James Quinn, CEO at Clarilis, commented: “We’re delighted to be working with Arthur Cox LLP and FromCounsel to create this automated M&A suite specifically for the Irish market and to accelerate digital transformation across Irish law firms of all sizes. Arthur Cox LLP has an excellent corporate team and is extremely forward thinking when it comes to digitisation of the practice of law.”
Eileen Burns, Chief Digital Officer, at Arthur Cox LLP commented: “We have been working with Clarilis since 2020 in relation to the automation of complex transactions. This strategic partnership is an evolution and deepening of this relationship which will enable us to bring the benefits of M&A automation to the entire Irish market. We are looking forward to combining the knowledge of the FromCounsel and Arthur Cox LLP teams to create exceptional content here.”
Andy Thornton, QC, CEO at FromCounsel commented: “We are building on our highly successful M&A automated suite with Clarilis, and this further collaboration is a natural next step to ensure that the benefits of these automations can be realised on a global scale and adapted to suit the needs of local markets. We are excited to be working with Arthur Cox LLP to bring this automated content offering to Ireland.”
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