Kira Systems
Description
🖼️ Tool Name:
Kira Systems
🔖 Tool Category:
AI-powered contract analysis and document review platform; it falls under Integrations & APIs (44) and Analytics & Dashboards (97) in your taxonomy.
✏️ What does this tool offer?
Kira Systems is a legaltech platform that uses machine learning to automatically identify, extract, and analyze clauses, terms, and data from contracts and other complex legal documents. It’s widely used by law firms, corporate legal departments, and financial institutions to accelerate due diligence, contract management, and compliance workflows. (kirasystems.com)
Key features include:
Smart Extraction: Identifies and pulls key clauses (e.g., confidentiality, termination, liability) from large sets of documents.
Pre-trained Models: Comes with 1,200+ built-in clause models that cover common legal topics.
Custom Model Training: Users can train the AI to recognize new clause types specific to their organization or industry.
Collaboration Tools: Enables multiple reviewers to work on the same dataset with tagging, commenting, and tracking.
Analytics Dashboard: Visualizes review progress, trends, and extracted data for quick insights.
⭐ What does the tool actually deliver based on user experience?
• Reduces manual contract review time by up to 60–90%, especially for large due diligence projects.
• Improves consistency and accuracy — the AI identifies clauses humans might overlook.
• Integrated seamlessly into document management systems (DMS) and virtual data rooms (VDRs).
• Supports multiple use cases: M&A due diligence, lease abstraction, vendor contract review, and compliance audits.
• Provides audit trails and reporting suitable for regulated industries.
🤖 Does it include automation?
Yes — automation is central to Kira’s design:
Automatically detects and extracts relevant clauses using NLP and ML models.
Auto-generates review summaries and data tables.
Integrates with contract lifecycle management (CLM) systems to automate workflows.
Triggers alerts for risk-based clause deviations or missing information.
💰 Pricing Model:
Enterprise subscription (custom quote).
Kira pricing depends on:
Number of users and projects.
Document volume.
Integration level (e.g., DMS or CLM connectivity).
🆓 Free Plan Details:
No public free plan. Demo access is available on request for law firms or enterprises.
💳 Paid Plan Details:
Custom enterprise contracts including:
• Unlimited clause model library.
• Custom AI training and support.
• Advanced integrations (e.g., iManage, HighQ, SharePoint).
• Security and compliance certifications (ISO 27001, SOC 2).
🧭 Access Method:
• Web platform: https://kirasystems.com
• Integrations: iManage, NetDocuments, HighQ, SharePoint, and other enterprise legal tech tools.
• API access for enterprise automation.
🔗 Experience Link: