Kira Systems
AI contract analysis for due diligence — clause extraction across thousands of documents
About
Kira Systems, now part of Litera, is one of the original AI contract analysis platforms and remains the gold standard for machine learning-based clause extraction across large document sets. Law firms and corporate legal teams use Kira for due diligence — processing thousands of contracts in M&A transactions, portfolio reviews, and lease audits to identify provisions that would take human reviewers weeks to find. Its ability to find previously unknown clause types through Smart Fields makes it particularly powerful for bespoke due diligence projects. Key Features: Machine learning clause extraction across 1,000+ clause types | Smart Fields for custom clause type discovery | Due diligence project management | Multi-document comparison and analysis | Obligation extraction and management | Integration with major legal document management systems | Audit-ready reporting with clause citations Best For: Law firms and legal teams conducting M&A due diligence, lease reviews, and large-scale contract portfolio analysis requiring accurate, auditable clause extraction. Pros: Most accurate clause extraction for due diligence | Smart Fields for custom clause discovery is unique | Strong audit trail for legal work Cons: Expensive enterprise platform | Requires significant training for optimal performance | More suited for law firms than in-house teams
Problem It Solves
Extracting and analyzing clauses in M&A and due diligence
Best For
Law firms, M&A teams, compliance departments