Overview
Kira Systems is a machine learning platform for contract review and due diligence, founded in 2011 and acquired by Litera in 2021. Its AI identifies, extracts, and analyzes provisions and data points from contracts to accelerate M&A due diligence, real estate, finance, and compliance work. The technology is now a core part of Litera's legal AI strategy.
✨ Features
Clause & Data Extraction
Automatically detects and pulls 1,400+ clauses and data points across 40+ areas.
Quick Study Training
Train custom machine learning models to find firm-specific provisions without coding.
Built-In Smart Fields
Ships with pre-trained models recognizing hundreds of common contract provisions.
Due Diligence Acceleration
Speeds M&A and contract review, cutting document review time by 50%-90%.
⚖️ Pros & Cons
Pros
Cons
💰 Pricing
Kira (Litera)
Custom
- ML contract analysis platform
- 1,400+ built-in smart fields
- Annual licensing, quote-based
Enterprise / Firm
Custom
- Custom model training (Quick Study)
- High-volume due diligence
- Tailored to seats and usage
Categories
❓ Frequently Asked Questions
What is Kira Systems?
Kira Systems is a machine learning platform for contract review and due diligence, founded in 2011 and acquired by Litera in 2021. Its AI identifies, extracts, and analyzes provisions and data points from contracts to accelerate M&A due diligence, real estate, finance, and compliance work. The technology is now a core part of Litera's legal AI strategy.
What are the key features of Kira Systems?
Kira Systems offers 4 main features. Clause & Data Extraction: Automatically detects and pulls 1,400+ clauses and data points across 40+ areas. Quick Study Training: Train custom machine learning models to find firm-specific provisions without coding. Built-In Smart Fields: Ships with pre-trained models recognizing hundreds of common contract provisions. Due Diligence Acceleration: Speeds M&A and contract review, cutting document review time by 50%-90%.
How much does Kira Systems cost?
Kira Systems uses a Custom Pricing — contact for pricing. Kira (a Litera product) is sold via sales-led annual licensing; figures require a quote. pricing model. Available plans include Kira (Litera) at Custom, Enterprise / Firm at Custom.
What are the pros and cons of Kira Systems?
Key advantages include: Highly accurate ML extraction trained on legal concepts; Custom model training via Quick Study; Proven enterprise adoption across top M&A firms. Potential drawbacks: Enterprise-focused pricing is high; Now positioned within Litera's broader suite.
What type of tool is Kira Systems?
Kira Systems is categorized under Legal on AI Product List. It is designed for professionals and teams looking for legal solutions.
Where can I try Kira Systems?
You can visit the official Kira Systems website at kirasystems.com to sign up, explore features, or start a free trial.