Kira Systems

Overview

Kira Systems offers AI-powered contract analysis software using patented machine learning technology for mid-sized to large enterprises in legal, financial services, and insurance industries. It rapidly identifies, extracts, and analyzes critical data from contracts to streamline workflows, mitigate risks, and improve accuracy in contract review processes. Available as cloud SaaS or on-premise deployment.

Key Features

Patented machine learning for rapid contract data extraction and analysis

800+ built-in smart fields for identifying key contract provisions automatically

Customizable extraction models trainable on firm-specific clause types

Due diligence automation for M&A transactions and portfolio reviews

Collaboration tools with team assignment, workflow management, and review tracking

Comprehensive reporting and visualization of extracted contract data

API integrations with existing document management and CLM systems

Pros

Industry-leading accuracy with patented machine learning extraction technology

800+ pre-built smart fields cover vast majority of common contract provisions

Highly customizable — firms can train models on their own clause types

Supports both cloud and on-premise deployment for security-sensitive organizations

Proven track record in M&A due diligence and large-scale contract review

Strong integration capabilities with existing legal tech infrastructure

Provides extracted data in easy-to-read, organized formats

Cons

No public pricing — enterprise sales process required

Primarily designed for large organizations with high contract volumes

Implementation and customization can require significant time investment

Steep learning curve for training custom extraction models

Less suited for day-to-day contract drafting — focused on review and extraction

Use Cases for Personal Injury Law

PI firms can use Kira Systems for extracting key terms from insurance policies including coverage limits, exclusions, and subrogation clauses at scale, analyzing large portfolios of medical provider agreements and lien documents, conducting due diligence on corporate defendants' contract obligations, identifying liability-related provisions across multiple contracts in product liability cases, and organizing extracted contract data for case preparation and settlement negotiations.

Pricing

Subscription-based custom pricing — no public pricing available. Costs based on data volume, number of users, and deployment type (cloud vs. on-premise). Enterprise-tier pricing requiring sales consultation. Annual subscriptions typical. Contact Kira Systems for quote.