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Attorneys in transactional practices have found Litera Kira to be an invaluable tool for organizing workflow, managing tasks, and …
Overview
What is Kira?
Kira, now from Litera (acquired August, 2021) is software that searches and analyzes contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional…
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What is Kira?
Kira, now from Litera (acquired August, 2021) is software that searches and analyzes contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional…
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What is Kira?
Kira is a machine learning software that identifies, extracts, and analyzes content in contracts and documents with accuracy and efficiency. From increasing the efficiency of the contract review process to the flexibility of building and integrating solutions together, Kira is designed to allow users to easily extract insights from contracts and documents.
Kira is now from Litera, since the August 2021 acquisition.
Kira is now from Litera, since the August 2021 acquisition.
Kira Features
- Supported: Machine Learning Technology
- Supported: Built-In Intelligence
- Supported: Quick Study
- Supported: Adaptive Workflows
- Supported: Kira API
Kira Screenshots
Kira Video
Kira Overview Video
Kira Integrations
- SS&C Intralinks DealCentre
- HighQ
- SeeUnity
Kira Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Linux, Mac |
| Mobile Application | No |
Kira Downloadables
Frequently Asked Questions
Kira, now from Litera (acquired August, 2021) is software that searches and analyzes contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional models that can identify any desired clause. Kira can be deployed on virtual data rooms and other large repositories of contracts, creating summary analyses.
Reviewers rate Usability highest, with a score of 7.6.
The most common users of Kira are from Enterprises (1,001+ employees).
Kira Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 10% |
| Mid-Size Companies (51-500 employees) | 30% |
| Enterprises (more than 500 employees) | 60% |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
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Attorneys in transactional practices have found Litera Kira to be an invaluable tool for organizing workflow, managing tasks, and streamlining document review. By automatically detecting provisions, Kira eliminates the need for manual searching and reading, saving significant time and increasing efficiency. According to ENSafrica, their use of Kira Systems for contract and document review projects has resulted in improved efficiency, speed, and accuracy while reducing risk and costs. This is achieved by leveraging Kira's ability to handle large volumes of contracts and documents, making the firm more efficient and increasing capacity. Kira's reliability and adaptability to user and client needs, coupled with strong customer service support, have made it a core tool for due diligence investigations, internal validation exercises, trend analysis in the market, decision making, contract information verification during audit and tax engagements, M&A transactions, legal certificate analysis, outside counsel policy organization, quality control checks, as well as a range of other use cases across various departments internationally. With its ability to quickly identify and extract key terms from legal contracts, Kira allows legal teams to focus on analysis, meet client expectations, reduce costs, improve accuracy throughout project management cycles. Its versatility makes it suitable for organizations of any practice group needing document review and due diligence. Overall, Kira has become an essential solution for law firms looking to streamline their document review processes and expedite due diligence tasks efficiently and effectively at scale.
User-Friendly Interface: Several users have praised Kira for its user-friendly interface, describing it as easy to use and intuitive. They appreciate how the interface allows for a smooth and efficient workflow, making their tasks more streamlined and productive.
Accurate Text Analysis: Reviewers have been impressed by Kira's powerful NLP and AI capabilities, which enable automatic detection of provisions in contracts and other documents. Users highlight the software's accuracy and speed in analyzing and extracting text. This feature has proven to be invaluable for legal professionals conducting thorough reviews.
Efficient Project Management: Many users commend Kira's project management features, finding them helpful in assigning tasks to multiple resources and managing projects effectively. The software streamlines project workflows, allowing teams to collaborate seamlessly while maintaining organization.
Lack of Permission Levels: Some users have expressed dissatisfaction with the lack of different levels of permissions for user accounts in Litera Kira.
Absence of Alerting and Notification Mechanism: Several reviewers have mentioned that they would like to see an alerting and notification mechanism in Litera Kira, as its absence makes it difficult to stay updated on important changes or events.
Not Competitively Priced: A number of customers have stated that they find Litera Kira to be not competitively priced compared to other platforms offering similar technology, which has been a drawback for them.
Attribute Ratings
Reviews
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Score 8 out of 10
Vetted Review
Verified User
It is almost exclusively used as a due diligence tool at my firm. The main users are trainees, junior associates and our ALT teams in Belfast and Australia. As far as I'm aware, it is mainly used for M&A transactions.
- Automated review of documents which are in a similar form.
- Use of smart fields/filters.
- Customisation.
- Integration with other providers.
- Desktop launch.
July 02, 2020
Kira: Making review easier
Kira is used across our international business by any practice group that needs to undertake document review and due diligence. We use Kira to improve the quality and efficiency of our document review process.
- Good for quickly getting to the relevant part of the document in the English language, the smartfields are accurate.
- Handles large scale review well with an excellent UI and helpful project management features.
- Cloud-based platform handles multiple simultaneous reviewers efficiently and easily.
- Ability to self-train smart fields is a definite advantage.
- Inability to relabel smart fields to suit the review process means it is hard to align it to particular projects (e.g. it would be useful to relabel the "Assignment" smart field as "Is the contract assignable?")
- Not enough non-English smart fields.
- Needs the ability to resell user-trained smart fields in a marketplace.
- Output is not customizable enough.
- Built-in analysis tools are useful but a little basic.
June 29, 2020
Brazilian Perspective
We are a Brazilian law firm. As such, Kira is not able to be used in the majority of our work out-of-the-box. In addition to training Kira to handle Portuguese documents, we are already using Kira in M&A Transactions and to read and extract certain information from legal certificates (in both cases limited use only).
- Reading M&A Contracts
- User-friendly interface
- Simple training process
- Develop other languages out-of-the-box
- Customize options to extract information
- More interactions with VDR providers with need to download documents
June 29, 2020
My review of Kira
Complete an initial review of standard contracts for certain important terms of the contract, and to extract those terms into a visually appealing document.
- It does what you tell it to do. By that I mean you have to train it to find relevant passages in a contract. Once you do that, it does it well, but that process requires a lot of time to train and many examples.
- It does it over and over again: Once trained, it can repeat the process ad infinitum.
- It can learn: When you review a document and realize it either highlighted something it shouldn't have or didn't highlight something it should have found, you can alert Kira to that correction and it learns from that information.
- Finding that many contracts aren't that 'standard' and if not standard, it is impossible to find enough examples to train with
- Many contracts have handwritten data, especially the key terms that it cannot read.
- Sometimes the contracts have attachments with important terms, we find that harder to train.
Our firm has used Kira so far mostly for training it to read contracts in Portuguese. We have achieved good accuracy in some clauses so far and have used the software in a few due diligences for M&A transactions. Kira was used only in controlled scenarios and by people that are part of our project on implementation.
- Good out of the box clauses in english with great accuracy.
- Good costumer services, always with fast and efficient responses.
- Easy to use, not requiring much training for using.
- Kira doesn't have out of the box clauses in other languages.
- High prices, especially considering the market in Latin America.
- Capacity of reading other types of documents, such as certificates.
June 25, 2020
Kira: A big law perspective
- Used to improve the way we carry out transactional document review exercises, enabling us to more effectively and efficiently carry out those exercises, and at a greater scale than would otherwise be possible.
- Used across our international practice.
- Heavy use in our low-cost paralegal team—Legal Delivery Centre.
- Quickly surfacing unstructured data from large sets of documents.
- Assisting with the workflow aspects of a doc review exercise.
- Expanding the set of built-in smart fields to cover non-English languages.
- A wider range of integrations with other tools. Existing integrations to be more fully-featured and customizable.
- Ability to record and surface structured data from documents.
- More customization of format of exported output.
- Comprehension of "families" of documents (eg. a primary document and subsequent variation/amendment documents). Kira currently treats documents on a doc by doc basis.
June 25, 2020
Kira fan
We use Kira as a core tool in our offering to clients for reviewing contracts and documents at volume. It makes us more efficient and greater capacity. The tool is very reliable and is capable of being trained and adapted to ours and our client needs. Support and customer service from Kira has always been very strong.
- Stable.
- Easy to train.
- Easy to use.
- Would be great to be able to have a market for trained fields.