Kira Systems: Making document review a better experience for the legal team and the clients!
June 25, 2020
Kira Systems: Making document review a better experience for the legal team and the clients!
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Kira Systems
We have used Kira System to assist with the first review of large data-sets in the context of transactions.
To date, 3 of our practice groups have used the tool—our Corporate, Property, and Employment teams.
Being a mid-sized firm we don't have teams of people to review large-ish document sets. Even if we did, clients don't have the appetite to pay for teams of people to identify and extract key terms. The value is not in identification and extraction but rather in the legal team's review of those terms. Using Kira assists us in meeting the expectation of our clients. They appreciate that we form strategic partnerships with others, such as providers of legal tech to help provide the best legal service and keep the costs down. Using Kira to identify and extract key terms means that our legal teams can focus on the analysis and are often earlier on in the process due to Kira's ability to undertake this task very quickly irrespective of it being a large and often unstructured data-set.
To date, 3 of our practice groups have used the tool—our Corporate, Property, and Employment teams.
Being a mid-sized firm we don't have teams of people to review large-ish document sets. Even if we did, clients don't have the appetite to pay for teams of people to identify and extract key terms. The value is not in identification and extraction but rather in the legal team's review of those terms. Using Kira assists us in meeting the expectation of our clients. They appreciate that we form strategic partnerships with others, such as providers of legal tech to help provide the best legal service and keep the costs down. Using Kira to identify and extract key terms means that our legal teams can focus on the analysis and are often earlier on in the process due to Kira's ability to undertake this task very quickly irrespective of it being a large and often unstructured data-set.
- 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.
- Being able to undertake reviews of larger document sets quickly and more cost effectively.
- Nothing
Do you think Litera Kira delivers good value for the price?
Yes
Are you happy with Litera Kira's feature set?
Yes
Did Litera Kira live up to sales and marketing promises?
Yes
Did implementation of Litera Kira go as expected?
Yes
Would you buy Litera Kira again?
Yes