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¶¶Òõ¶ÌÊÓÆµ vs Kira Systems

What is ¶¶Òõ¶ÌÊÓÆµ?

¶¶Òõ¶ÌÊÓÆµ is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.

What is

Kira Systems

?

Founded by Noah Waisberg (former M&A lawyer) and Alexander Hudek (computer scientist). Acquired by Litera in 2021 for reportedly $400M+ as part of their legal workflow platform expansion.

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Simplified
Detailed
Core Features
¶¶Òõ¶ÌÊÓÆµ
Kira Systems
Additional Note
AI and Machine Learning Capabilities

✅ Lawyer-supported AI and ML at the core of the platform

✅ Sophisticated machine learning algorithms specifically trained on legal documents; custom model training capabilities via Quick Study

Advanced algorithms that learn from legal documents to automate and enhance contract analysis, drafting, and review processes.

Contract Drafting

✅ AI-assisted contract drafting capabilities

⌠Not designed for contract drafting; focuses on analysis and review

Does the platform offer a streamlined system for creating full-length legal documents from scratch using AI-powered suggestions, templates, and clause libraries?

Contract Review

✅ AI-powered contract analysis with clause-specific risk assessments

✅ Industry-leading contract analysis with over 1,000 built-in provision models and customizable extraction capabilities

Can the platform run a systematic analysis of legal documents to identify risks, obligations, and key terms while suggesting necessary changes and improvements?

Document Assembly

✅ AI-powered document assembly

⌠No document assembly functionality; focuses on analysis rather than creation

Can the platform be used to combine pre-approved legal content and templates to quickly create new contracts and legal documents?

AI Document Editing

✅ AI-powered document editing: Ask Genie to edit your styling, suggest new clause text, or analyze key clauses. Shows tracked changes, and is private per party. Genie assists with and automates entire workflows, not just producing text responses.

⌠No AI-powered document editing capabilities

Does the platform enhance document editing by suggesting improvements, corrections, and alternative language in the document, in real-time?

Legal Research Integration

✅ AI-powered legal research assistance available within the document editor and free dedicated research platform: https://search.genieai.co/

⌠Limited legal research capabilities through Kira Answers, but not a primary focus

Does the platform directly connect to legal databases and precedents that enable research and citation while drafting documents?

Negotiation Support

✅ Tools to support negotiation, including clause-by-clause editing and collaboration features.

⌠Can identify non-standard clauses but lacks dedicated negotiation workflow tools

Can the platform help track, manage and respond to contract changes and counterparty requests during negotiations?

Data Extraction and OCR

✅¶¶Òõ¶ÌÊÓÆµ offers OCR capabilities. ✅¶¶Òõ¶ÌÊÓÆµ offers data extraction through their API and integrations.

✅ Market-leading OCR and data extraction capabilities for legal documents, even with poor-quality scans

Can the platform automatically convert scanned documents and images into searchable, editable text while pulling out key information and data points?

COLLABORATION & WORKFLOW
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Kira Systems
Collaboration Tools

✅ Built-in real-time collaboration features just like Office365 or Google Docs (No need to download your red-lined version, and make it editable, then send it on - it's all doable within Genie)

⌠Basic collaboration features but primarily focused on review rather than collaborative drafting

Does the platform enable multiple team members to work together on contracts in real-time, with comments, tracked changes, and version control?

Workflow and Approval Management

✅ Workflow automation

✅ Robust due diligence workflow management with task assignment and progress tracking

Does the platform automate routine legal tasks and document processes through customizable rules and triggers, reducing manual work and streamlining operations?

Contract Management

✅ Manage your projects and organize your own template and clause library

⌠Limited contract management capabilities outside of review and analysis workflows

Does the platform house a centralized system to store, track, and monitor contracts throughout their lifecycle, from creation to expiry?

Reporting and Analytics

✅ Company and user level reporting and analytics

✅ Comprehensive analytics on reviewed contracts, project status, and team performance

Can the platform track, measure, and visualize contract data, or team usage data to provide real-time ROI figures, actionable business and individual performance insights?

LIBRARIES & TEMPLATES
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Kira Systems
Private Clause Library

✅ Private clause library (usable only by your legal team)

⌠Can maintain a database of extracted clauses but not designed as a drafting library

A secure repository where organizations store and manage their own frequently-used contract clauses and legal language.

Community Template Library

✅ Community template library available to create modular contracts

⌠No community template library

A shared collection of pre-built legal document templates, contributed to and accessible by all users of the platform.

Private Template Library

✅ Bring your own library of private templates usable only by your legal team, within Genie

⌠Can save project templates but not document templates for drafting

A secure collection of your organization's customized document templates, accessible only to authorized team members within your company.

TECHNICAL ASPECTS
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Kira Systems
Platform Type (Native vs Plugin)

✅ Cloud-based (SaaS)

Is the platform accessible on the cloud and/or can it be installed directly on-premises, or using company servers?

Microsoft Word Compatibility

✅ Import and export Word documents (.docx) with reasonable formatting fidelity. Some styling and complex formatting may not be perfectly preserved.

⌠Limited Word integration; primarily operates in its own environment

A seamless integration with Microsoft Word that allows users to draft and edit documents directly within the familiar Word interface.

Integration with Storage (Google Drive, Dropbox)

âŒComing soon (request this feature)

✅ Integrations with major document management systems including iManage, NetDocuments, SharePoint

Does the platform connect with popular cloud storage platforms to access and manage documents directly within the system?

Integration with Other Tools

⌠Integrates with Microsoft Word, allowing direct editing and collaboration within the platform.

✅ Integration with Litera ecosystem and other legal workflow tools

Can you connect with your existing software via standardized APIs and/or custom integrations?

Complex Legal Styling and Formatting

✅ Full numbering support + AI auto-styling and formatting

⌠Focused on extracting information rather than preserving formatting

Can you automatically apply and maintain professional legal document formatting, including numbering, cross-references, and hierarchical styles when editing, and when importing/exporting to MS Word?

Security & compliance
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Kira Systems
End-to-end Encryption

✅ End-to-end encryption and encryption at rest

✅ Enterprise-grade security with end-to-end encryption

Does data remain encrypted during transmission and storage, protecting sensitive information at every stage of handling?

Security Certifications

✅ Compliant with ISO27001 and SOC2 Type 2

✅ SOC 2 Type II, ISO 27001:2013 certified

Which recognized security certifications and regulatory standards can verify the robustness of the platform's data protection measures?

Data Sovereignty & Privacy

✅ ¶¶Òõ¶ÌÊÓÆµ prioritizes data sovereignty by not training its models on user data. However, data may be processed by third-party LLMs subject to their respective data handling policies.

✅ Strong data sovereignty controls with regional hosting options

Can the customer own their own data, or can the platform use it and process it, to train their Legal AI models for example?

Authentication Methods

âŒMultiple authentication options (coming soon) (request this feature)

✅ Multiple authentication options including SSO and 2FA

Does the platform offer secure login options including API keys, 2FA, tokens, and/or single sign-on to manage system access?

Permissions & Access Control

✅ Granular access control features

✅ Granular user permissions and access controls

Can you manage who can view, edit, and share documents through customizable user roles and restrictions?

Compliance Standards

✅ Compliant with GDPR and UK GDPR standards

✅ Compliant with GDPR, CCPA, and other major privacy regulations

Does the platform comply with international data protection requirements including GDPR, CCPA, and other regional privacy laws?

Customer Support Options

✅ Multiple support channels available (e.g., email, in-app messaging)

✅ Multiple support channels with dedicated customer success managers

Is there a dedicated support team providing assistance through multiple channels including live chat, email, and phone, with defined response time commitments?

Onboarding Process

✅ For our custom plans, get setup within 3 days with a guided onboarding plan

⌠Comprehensive but requires significant implementation time (typically weeks)

Is there a structured process to get teams up and running with personalized training, data migration, and system configuration support?

Training & Resources

✅ 1-2 weeks from agreement to full implementation

Pilot: ⌠Formal pilot process requiring significant commitment and implementationImplementation Timeline: ⌠Typically 4-8 weeks from purchase to full implementation

If you do go down the sales process (not self-serve) then most want a quick and tailored pilot, followed by rapid implementation.

PRICING & ROI
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Kira Systems
Pricing Model

✅ ¶¶Òõ¶ÌÊÓÆµ offers a range of subscription plans based on usage. Visit https://roi.genieai.co/ to get an Enterprise quote and see how much you could save.

⌠Enterprise subscription model with pricing starting at approximately $20,000-$50,000 annually depending on usage volumes and features

Subscription fees, usage limits, and additional costs for accessing and using the platform's features.

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No
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