Litera Kira
AI contract analysis for M&A due diligence, with 1,400+ pre-trained clause models.
Acquired — still operating
acquired by Litera 2021
About
Kira Systems, acquired by Litera in 2021, is the long-standing AI contract review platform for BigLaw M&A teams and corporate legal departments. It was founded in 2011 in Toronto and its models are trained on millions of contracts, with 1,400+ pre-trained smart fields covering due diligence, general commercial, corporate organization, real estate, and compliance provisions. In July 2025 Litera launched the new Kira experience: Generative Smart Fields let users create custom extraction fields with a plain prompt in any language, Concept Search finds legal concepts from a single example, and grid-based analysis charts support chatting with documents and one-click client memos. It deploys on virtual data rooms and large contract repositories to summarize thousands of agreements in hours. Pricing is enterprise quote-based, reported at $50,000+ a year, with a setup fee and 4-8 week time-to-value. It is contract-focused by design — not an eDiscovery or litigation tool — and overkill for anyone reviewing fewer than a few hundred contracts a year.
What it can do
- 1,400+ pre-trained clause models
- Generative Smart Fields from plain prompts
- Concept Search across documents
- Grid-based analysis charts
- Smart Summaries and clause analysis
- Virtual data room deployment
Setup
- Engage Litera's enterprise sales team for a quote.
- Upload contract repositories or connect to a virtual data room.
- Use pre-trained smart fields or create Generative Smart Fields with prompts.
- Train legal teams on the analysis workflow.
Prerequisites
Enterprise legal budget; contract volumes in the hundreds to thousands per year; dedicated training for legal teams.
Use cases
Works with
Trust score — 8/10
Scored 8/10 (verified tier, metrics-v1). Evidence: Kira Systems founded 2011 Toronto, acquired by Litera 2021; 1,400+ pre-trained smart fields verified; July 2025 GenAI launch (Generative Smart Fields, Concept Search) from Litera blog; Pricing enterprise quote-based, reported $50k+/yr (flagged as reported); Limitations: enterprise-only, steep learning curve, contract-focused not eDiscovery.
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.