Kira Systems
High-precision AI contract analysis for M&A and diligence
Acquired — still operating
acquired by Litera 2021
About
Kira Systems, acquired by Litera in 2021, is the long-standing incumbent in AI contract review for M&A due diligence. Its hybrid architecture pairs generative AI with proprietary deep learning models trained on over a million curated commercial contracts, delivering what the company reports as 90%+ accuracy on standard provision extraction. Smart Fields let firms custom-train the AI on bespoke provisions without engineering help. A Kira subscription now includes Lito, Litera's drafting and comparison tool for Word and Outlook. It is built for high-stakes Big Law transactions rather than casual contract work, and pricing is enterprise.
What it can do
- Extraction across 1,000+ pre-built legal concepts; custom Smart Fields training; Grid Chat natural-language querying; collaborative review workflows with audit trails; Excel/Word export; Lito drafting and comparison included.
Setup
Enterprise deployment; models pre-trained with optional Smart Fields customization.
Prerequisites
Litera/Kira enterprise license; deal document sets.
Use cases
Works with
Trust score — 9/10
Scored 9/10 (verified tier, metrics-v1). Evidence: Litera-owned incumbent; hybrid GenAI + proprietary models trained on 1M+ contracts verified via LawNext and Business Wire.; 90%+ accuracy claim is company-reported; Smart Fields custom training confirmed.; Built for Big Law M&A, enterprise pricing — noted..
Sources
Every fact above was checked against these sources. Where a claim comes from the provider and couldn't be independently verified, the text says so.