Lexpert Special Editions

Special Edition on Corporate 2018

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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WWW.LEXPERT.CA | 2018 | LEXPERT 7 Brender, Mark D. Osler, Hoskin & Harcourt LLP (514) 904-5777 mbrender@osler.com Mr. Brender's practice includes domestic and international tax planning, dispute resolution, corporate reorganizations, inbound and outbound mergers & acquisitions/divestitures, financings, executive compensation and estate planning. Breen, Elizabeth E. Stikeman Elliott LLP (416) 869-5267 ebreen@stikeman.com Ms. Breen is a partner in the Mergers & Acquisitions, Capital Markets, Banking & Finance and Private Equity Groups. Her practice focuses on mergers & acquisitions, debt and equity financings, and other major transactions. She has acted for a significant number of foreign investors in respect of their Canadian strategic objectives. Branchaud, René Lavery, de Billy, L.L.P. (514) 877-3040 rbranchaud@lavery.ca Mr. Branchaud, partner at Lavery, has extensive experience in the field of mining law. Through his involvement in mining projects, he assists companies with their incorporation, corporate structure, mergers & acquisitions and financing. Over the years, he has been recognized several times as a leading practitioner in the field of natural resources law. Braithwaite, William J. Stikeman Elliott LLP (416) 869-5654 wbraithwaite@stikeman.com Mr. Braithwaite is Chair of the Firm and a member of the Partnership Board and Executive Committee. He has a transactional practice focusing primarily on cross-border public M&A. He was the chairman of the Advisory Committee of the OSC and was a founding lecturer in Osgoode Hall Law School's Securities Law LLM program. Bourassa, Michael J. Fasken Martineau DuMoulin LLP (416) 865-5455 mbourassa@fasken.com Mr. Bourassa's practice is focused in the mining industry. He has extensive experience on both Canadian and international mining projects. Providing advice on public financings, commercial mining agreements, corporate social responsibility and litigation support, he has expertise in international mining due diligence issues concerning title, technical matters and environmental risks. Boislard, Michel Fasken Martineau DuMoulin LLP (514) 397-7634 mboislard@fasken.com Mr. Boislard has leading expertise in commercial law, primarily in the areas of mergers & acquisitions, corporate financing, investment funds and securities. He also advises clients from the high technology and biotechnology sectors. Numerous public and private corporations trust him to represent them during complex domestic and international cross-border transactions. at both Harvard and Georgetown, they are of- fering coding courses so that students can learn computer and legal languages. As to the challenge of finding problematic, pos- sibly fraudulent, information in unstructured data during Due Diligence, AI soware providers Jay Leib and Dan Roth say: "ere were whistleblow- ers in their companies who knew what was going on, and the unstructured data contained the sto- ries. Companies could detect potential problems early on, provide alternatives to counsel and the C-suite, and understand their exposure. It would prevent unnecessary legal spend and mitigate risk, thus protecting the company's brand and share- holder value." Document reviewers have always tried to de- tect what a target company might be concealing, but now AI vendors are developing, according to Sobowale, "technology that can turn informa- tion into stories. [ere] is a program that can read through unstructured data and summarize conversations, including the ideas discussed, the frequency of the communications and the mood of the speakers." is is not to say that computers can feel the mood of speakers as humans to varying degrees can, but computers can ingest more unstructured data than we can and, within that, recognize pat- terns. en enter the humans: corporate leaders will ultimately still make the decision to pursue deals are not. And they will continue to be greatly assisted by internal and external counsel when it comes to strategy. It takes wisdom to discern, "What does it all mean?" In the meantime, are clients beginning to ask their M&A counsel about the applicability of AI tools? Belsher says, "I think clients have been conditioned over the last decade or so to limit the scope of Due Diligence or rely on in-house Due Diligence. With dedicated contract reviewers that incorporate AI tools that are scalable to meet a deadline, more clients are using us for their docu- ment review needs." Biringer, whose firm is also using AI tools for Due Diligence, says, "Because our lawyers are using the AI tools, we are gaining a better understanding of how we can leverage them to help clients. So we are trying to proactively reach out to clients to have those discussions and start the conversation." As Ian Palm at Gowling WLG (Canada) LLP observes, "Machine learning systems will be an increasingly important element in the soware we use. Forward-focused clients know this. ey are eager for us to integrate AI-enabled tools where it means more efficient service." Mindy Gilbert, from Davies Ward Phillips & Vineberg LLP, points out that firm's pro-activity also: "Our use of Artificial Intelligence and other LEXPERT-RANKED LAWYERS

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