Kira Systems (Litera)
AI-Powered Contract Analysis
Overview
Kira, now part of Litera, is a powerful AI-driven contract analysis tool designed for legal professionals. It excels at automatically identifying and extracting key clauses and data points from large volumes of contracts. Its primary use case is in M&A due diligence, but it is also used for lease abstraction, compliance, and knowledge management. Users can train Kira's AI to recognize specific provisions, enhancing its accuracy over time.
✨ Key Features
- AI-Powered Clause Extraction
- Due Diligence Analysis
- Lease Abstraction
- Smart Search
- Trainable AI (Quick Study)
- Data Visualization and Reporting
🎯 Key Differentiators
- Highly accurate provision extraction at scale
- Trainable AI feature (Quick Study) allows for customization
- Long-standing reputation and trust in the legal market
Unique Value: Provides highly accurate and trainable AI for extracting specific information from vast quantities of contracts, significantly accelerating due diligence.
🎯 Use Cases (5)
✅ Best For
- Analyzing thousands of contracts in a virtual data room for an M&A deal
- Extracting key terms from a large real estate lease portfolio
- Identifying specific compliance-related clauses across an organization's contracts
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Contract drafting and redlining
- End-to-end contract lifecycle management
🏆 Alternatives
While Luminance focuses on anomaly detection, Kira's strength is in precise, user-trainable clause extraction for systematic review projects.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
🔒 Compliance & Security
💰 Pricing
✓ 14-day free trial
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