TrustRadius Insights
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…
Recent Reviews
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Pricing
N/A
Unavailable
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…
Entry-level set up fee?
- Setup fee required
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
122 people also want pricing
Alternatives Pricing
What is OpenAI API?
OpenAI headquartered in San Francisco, aims to ensure that artificial general intelligence benefits all of humanity. OpenAI’s API provides access to GPT-3, which performs a wide variety of natural language tasks, and Codex, which translates natural language to code.
What is ContractHero?
ContractHero is a contract management solution that consolidates the most important information in a company. The platform is hosted on german servers and boasts hundreds of customers, among other companies like Eurowings, Isar Aerospace, Bringmeister, and Tiffany. ContractHero offers automated and…
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- 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% |
Comparisons
Compare with
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
- Cons
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
- UI/UX - tagging and naming feels much easier than you'd expect machine learning to feel
- Accuracy - Kira's built-in models perform well out of the box
- Assistance - Kira's support team gets back to me same day if I have a question
- Missing functionality - rules; regex; that's the next step in our workflow we'd like to automate
- Quick Study - I'd prefer a quick study window that I could personalize more. Alphabetical foldering means I usually have to search for my clauses because it's too hard to find them when scrolling. There are too many clauses in Quick Study that we've never used and can't edit. Why not have a separate built-in clause bank?
- Renaming documents - people upload them with crazy names. I'd rather be able to change the name than have to determine whether it's worth the cost to re-upload the same document with a helpful name.
Score 8 out of 10
Vetted Review
Verified User
- 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
- 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
- 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
Overall positive, but somewhat mixed
- Good agreements already trained by Kira.
- Reviewing documents in Kira with color coding.
- Export to Excel/Word.
- Ability to customize access and structure at organization level/restrict which models can be used.
- More detailed user guides.
- More models trained by Kira for accountants.
June 29, 2020
My review of Kira
- 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.
- 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 29, 2020
Kira - Good doc review platform
- UX - very easy to use and train people on.
- OCR and doc search is well organised and functional.
- Comparison feature really good.
- Project management features make review teams easier to manage.
- Built in provisions really useful for standard documents.
- Training new provisions can sometimes be a bit unwieldy.
- Search across all documents sometimes too over inclusive (in documents it is great).
- Inability to rename folders and files in the platform.
- Intuitive system: easy for users to pick up.
- Constantly improving product with regular publication of new pre-trained fields.
- Excellent training videos and online help available, plus a knowledgeable help desk.
- Strong account management with account managers who really do know the product and their customers.
- Extension of the tool so that it is not just extraction of clauses, for example, some products can re-draft contracts once areas for change have been identified.
- Direct link with iManage.
- Ability to change name of document once uploaded, which is not currently possible.
- Ability to change the name of pre-trained fields to better match client requirements.
- Extension of the tool so that if a certain clause is found a pre-written shorter summary is inputted.
June 27, 2020
Kira Review
- Automatic detection of provisions
- Ability to assign tasks to multiple resources
- Easy to use interface
- Significantly lacking different levels of permissions for user accounts
- Significantly lacking alerting and notification mechanism
- It is not competitively priced in comparison to other platforms that offer the same technology
- Kira quickly identifies, analyzes, compares, and extracts text in contracts and other documents.
- Kira has project management features.
- Kira has hyperlink features.
- Kira has exporting features.
- Not having the ability to analyze handwritten or less legible content.
- Kira should bestow clauses that cover jurisdictions globally.
- The structure of Kira could improve. For example Worksheets could follow Document List.
June 25, 2020
Great product which lives up to the AI hype!
- Easy to use
- Flags items that attorneys may miss.
- Great for project management of a deal.
- I think the training process could be better.
- Cannot bulk highlight, say where you've already tagged something and want to re-use.
June 25, 2020
Kira: A big law perspective
- 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
AI that provides defined benefits
- User friendly
- High degree of accuracy
- Easy to manage projects
- Excellent search capabilities
- More options for exporting results.
- Integration with document automation platforms.
- Separate client only view.
June 25, 2020
Kira Systems: Making document review a better experience for the legal team and the clients!
- Review of large unstructured document sets very quickly. Often the identification and extraction of identified key terms can happen in a few minutes.
- Many pre-build key terms particularly for mergers and acquisitions.
- Training Kira to recognize locally used terms and concepts is easy to do.
- Some project management functionality i.e. the ability to set up project groups and assign tasks to members in the project team.
- More assistance with the building of locally used terms and clauses particularly for smaller firms who don't have the people to sit and train.
- Nicer looking standard templates.
June 25, 2020
Kira fan
- Stable.
- Easy to train.
- Easy to use.
- Would be great to be able to have a market for trained fields.
June 24, 2020
A great start to AI in the workplace!
- Kira allows us to create standard procedures for what we look for in a particular type of contract.
- Kira can highlight the top things we want to pull out of a contract.
- Allows us to complete the review process in one place, then export the information to our work papers.
- Makes us feel good about using AI.
- The interface is built for a customized experience every time you use Kira. We like to standardize. Audiencing the experience will help us a great deal.
- The ability to integrate with more systems to export the data directly into.
- Analyzing the table data.
- Provide additional organizational management features—like default worksheets that stay, the ability to order the worksheets and deletion of users, contracts, and projects.
June 23, 2020
Kira as a Legal Diligence Solution
- Pulls specific terms from a contract
- Search terms in a typically "unsearchable" (scanned) PDF
- Control what terms exactly you are looking for
- Training process for new terms is complicated
June 23, 2020
No longer value for money for our usage and needs
- The dashboard screens allow lawyers to easily add and manage tagging of provisions in one place.
- The UI allows lawyers to manage a large number of agreements at once and jump between the identified provisions and the underlying document.
- The analysis charts allow for a more high-level overview of the grouping of documents allowing lawyers to drill down to specific provisions really quickly.
- The already trained provisions need improving - we find a lot of them need retraining on our documents to be helpful. Too many false positives still.
- Being able to ignore some provisions from the review - particularly where Kira is bad about identifying them.
- Being able to share some of the outputs with clients (especially on the comparisons side). The heatmaps are great but being unable to share them make them less useful to internal teams.
- The integration with HighQ needs some work to make it more useful for the kinds of client interactions needed.
- The Pricing Model needs to be much more flexible and reflect the different ways that the tool is being used at organisations.
- Client service, account management and communication need improvement.
June 21, 2020
Kira is a great tool
- Our lawyers love using Kira in straight-forward due diligence projects.
- Recently, more specialists have become interested in using due diligence for their reviews.
- Kira handles the project management very well.
- Working with data rooms (importing updates to the data room) is our users #1 complaint.
- Reporting: It's pretty basic, better graphical interpretation of the results would be helpful.
- Identification of similar documents: I know they're working on it but it would be a good feature to have.
June 19, 2020
Leveraging Kira for Revenue Generation
- Well designed.
- Powerful NLP and AI.
- Unmatched accuracy and speed.
- Attorney friendly design.
- Kira continues to provide additional smart fields.