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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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- Setup fee required
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
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- FAQs
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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Reviews and Ratings
(27)
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!
- Business Problems Solved
- Pros
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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
(1-21 of 21)Companies can't remove reviews or game the system. Here's why
August 14, 2020
Kira for Single Document Review
- This is difficult to assess for a law firm as we do different tasks with Kira that we could not do before, but I'm unsure if the cost per year is returned.
- We don't do large due diligence projects.
- We use Kira for single document review via the API.
Score 8 out of 10
Vetted Review
Verified User
- Streamlined labour intensive processes.
- Helped lower costs, and pass savings onto clients.
July 02, 2020
Kira: Making review easier
- We commonly see 30-50% time efficiencies when using Kira on review projects.
- It has become a key part of the toolkit of our paralegal center.
- We have completed projects in timescales that would not have been feasible without Kira.
June 29, 2020
Brazilian Perspective
- Reduce hours in due diligence by 15%
- Reduce errors in document analysis
June 29, 2020
Overall positive, but somewhat mixed
- Undetermined.
June 29, 2020
My review of Kira
- Can reduce time for human review of contract with an 'excellent' first pass by Kira.
- Negative ROI
- Marketing as a technological law firm.
- Many team hours spent on training clauses.
June 29, 2020
Kira - Good doc review platform
- Saves huge amounts of time at level 1 review.
- Therefore means level 2 review can be more detailed.
- Means less 'rubbish' comes through, as we can spot outliers before getting lawyers to look into it further.
- When trained to read bespoke types of documents, the accuracy can be very good and the consequential time savings very high. In this scenario we have reduced the average time of review of one type of client documents from over an hour to 15 minutes.
June 27, 2020
Kira Review
- Positive ROI: Increased comfort level of attorneys and use of tech
- Neutral ROI: It has not significantly change how we handle projects, since there still is a need for manual review
- Negative ROI: It has been cost prohibitive to scale it
- Kira has assisted in document comparisons.
- Kira has assisted in due diligence investigations.
- Kira has assisted with the speed in which projects are attended to.
- Kira has been used within our firm, however with increased usage comes a greater ROI.
June 25, 2020
Great product which lives up to the AI hype!
- Positive for project management: easier to assign and track the review of documents.
- Positive for attorney satisfaction: better than paper.
June 25, 2020
Kira: A big law perspective
- Difficult to accurately measure ROI given the lack of available and reliable comparative data (ie. comparing data on matters where Kira was used vs. matters where it was not).
- Typically, users report time savings of between 15-30%.
June 25, 2020
AI that provides defined benefits
- More efficient reviews.
- Increased comfort in use of technology.
- Marketing
- Some level of disappointment due to “AI."
- Limitations in export options is an annoyance at times but nothing insurmountable.
- Better understanding of use machine learning tech in practice.
June 25, 2020
Kira Systems: Making document review a better experience for the legal team and the clients!
- Being able to undertake reviews of larger document sets quickly and more cost effectively.
June 25, 2020
Kira fan
- Reduce costs of review for clients.
- Enables us to review more documents.
- Can share progress of review.
June 24, 2020
A great start to AI in the workplace!
- It works, but not as well as we thought it would.
- Staff still feel they can manually review the contracts as fast as Kira.
- It's better for newer staff who have less experience.
June 23, 2020
Kira as a Legal Diligence Solution
- Decrease cost of attorneys reviewing contracts
June 23, 2020
No longer value for money for our usage and needs
- We don't push Kira usage as much as other KM Practice tools as we don't have the budget for more users to be using it.
- Managing document limits and the training requires an internal resource on my team to manage and takes up a significant amount of time compared to other tools.
- We can't pass on the costs of Kira to the client as it is in addition to what the client is already paying for lawyer oversight of the review as well as looking over Kira's outputs.
June 21, 2020
Kira is a great tool
- Our users have reported an increase in accuracy of their work
- Once they understand the product and how it works, they find it's quicker so are reducing the cost of the work.
June 19, 2020
Leveraging Kira for Revenue Generation
- Too early to tell during a global pandemic.