- Knowable, one of the world leaders in enterprise contact intelligence and event-driven analytics, and Ambar, the Spanish leader on high-end flexible and agile legal talent, have entered into a partnership to jointly offer Knowable’s machine-learning enabled contract data analytics solutions and Ambar’s high-end legal talent for M&A, litigation and other large-scale contract review projects.
- The partnership allows Ambar’s clients to access machine-learning enabled contract data analytics, contract intelligence solutions, event-driven analytics and Knowable’s data management platform.
- Knowable will carry out contract data review projects supported by Ambar’s high-end flexible and agile legal talent in the Spanish and Latin American markets.
Knowable, a global leader in machine-learning enabled contract data management and enterprise contract intelligence and AMBAR PARTNERS, the Spanish leader on high-end flexible and agile legal talent, have signed a partnership agreement to jointly offer their services.Knowable was spun off from Axiom Global Inc. in February 2019. Mark Harris and Alec Guettel, Axiom’s co-founders, lead Knowable as CEO and CFO, respectively.
The agreement is the result of Ambar’s determined strategy to offer Spanish and Latin American companies machine-learning technology and other cutting-edge technological tools. Ambar is currently developing in-house or with other technological partners several other project management, document review and contractual automatization tools.
The agreement will allow Ambar’s clients to access Knowable technology in machine learning, contract data, event-driven analytics (including M&A, regulatory driven changes and other projects that require contract review) and access to Knowable’s data management platform.
Rosa Espín and Manuel Deó, co-CEOs of Ambar Partners have highlighted that “thanks to this agreement, Ambar and Knowable clients will have access to the top-level legal teams of our law firm, with the best technology for contract review and data analytics. In addition, they will be able to benefit from machine-learning enabled solutions to develop project management tasks and remediation & novation of contracts and other legal documents“.
Ambar’s business model is based on three key elements: (i) unquestionable talent with highly experienced lawyers; (ii) delivery efficiency through cutting-edge technology, a lean structure and project management solutions; and (ii) a sustainable work-life model that promotes lawyers’ health and life balance.
Ambar’s technological advantage allows the firm to have a lighter and more flexible structure, with hardly any operating costs, while at the same time makes it possible to dematerialize the office and work remotely. This agreement reinforces Ambar’s technological commitment and places the company at the forefront of the Spanish legal market.
Knowable supports many of the world’s largest companies, including Dell, GE, and Nestlé USA, providing machine-learning enabled contract data analytics and related contract intelligence solutions. Knowable provides clients revolutionary visibility into the relationships that govern business activities, mitigates risks, and drives value. By converting legal language into structured data, Knowable helps its clients understand what’s in their contracts, providing a global view of risks, obligations, and entitlements.
With more than 25 million contract data elements analyzed each quarter, it combines proprietary machine learning tools with legal subject matter expertise that, together, deliver a full contracts intelligence solution for the Enterprise.
Knowable is the world’s largest translator of enterprise contracts into structured data. By translating legal language into structured data, Knowable helps its clients understand what is in their contracts, providing portfolio level views of risks, obligations, and entitlements. As a leader in contract data analytics, with more than 25 million contract data elements analyzed each quarter,
Knowable combines proprietary machine learning tools with legal subject matter expertise that, together, enable a full contracts intelligence solution for the enterprise. For more information, go to www.knowable.com.
Ambar is the legal services firm of the future with worldwide network coverage, with unquestionably talented lawyers with great experience and knowledge of the business. The use of technology allows them to have a lighter and more flexible structure, with hardly any operational costs. They offer high quality legal advice services, configuring customized teams for each specific project, depending on the specific needs of the client, in all areas of practice, in a flexible way and on demand.
With a team of 60 lawyers, Ambar has implemented a new way of practicing law with a sustainable model that promotes health and conciliation. Lawyers can choose when and what projects to work on in exchange for an equitable project fee, while organizing their time as they wish.
Currently, the law firm operates in the Spanish and Latin American market with a strategic and exclusive alliance with Axiom, which allows them to offer their services with a global coverage.
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