Kira as a Legal Diligence Solution
June 23, 2020
Kira as a Legal Diligence Solution
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Kira Systems
We use Kira for M&A diligence. We represent an organization that does 10-20 purchases per year, and therefore we have a lot of legal contracts we review. Kira pulls all the terms that we are concerned about as part of an acquisition and cuts down time that our legal team would have to spend searching through and reading all contracts.
Pros
- Pulls specific terms from a contract
- Search terms in a typically "unsearchable" (scanned) PDF
- Control what terms exactly you are looking for
Cons
- Training process for new terms is complicated
- Decrease cost of attorneys reviewing contracts
I have personally not used any other Kira like systems.
Do you think Litera Kira delivers good value for the price?
Yes
Are you happy with Litera Kira's feature set?
Yes
Did Litera Kira live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of Litera Kira go as expected?
I wasn't involved with the implementation phase
Would you buy Litera Kira again?
Yes
Comments
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