Kira for Deal Points

Kira makes staying on top of market trends and tracking deal terms fast and easy.

Intelligence gained from deal point studies can be used to update firm precedents, search for sample language, or provide strategic insight in future negotiations.

Kira’s state-of-the-art machine learning technology automatically identifies and extracts information from contracts and comes with over 450 built-in provision models. If the deal point study requires the review of terms that are unusual or specific to an industry, jurisdiction or even targeting specific parties involved in an upcoming transaction, Kira Quick Study can be used to identify virtually any desired clause. Kira’s summaries can then be used to spot provision trends, outliers and collect sample language.

Stay Ahead of the Trends

Being armed with up-to-date market knowledge is critical during any negotiation, but relying on commentary and publications based exclusively on publicly available documents doesn’t always provide all the answers. Alternatively, manually creating a personal database of documents and provisions used in prior transactions is time consuming and labor intensive.

With Kira, professionals can conduct their own deal point studies on the documents of their choosing to find any information they’re looking for. This means that deal point studies can be completed in-house accurately and efficiently and the knowledge can be shared easily with all team members. Kira enables deal teams to consistently negotiate from a position of knowledge and to ensure their market insights can be tailored to a specific industry or jurisdiction. The information gathered can be shared throughout the organization and used for drafting future agreements or revising standard forms.

Pre-trained to find provisions

Kira comes pre-trained to find provisions frequently negotiated during the course of an M&A transaction, including:

'KNOWLEDGE' DEFINITION
INDEMNIFICATION BASKET / DEDUCTIBLE
'MATERIAL ADVERSE EFFECT' DEFINITION
INDEMNIFICATION CAP
ESCROW
NO-SHOP
EXCLUSIVE REMEDY
PURCHASE PRICE ADJUSTMENTS
MATERIALITY SCRAPE
SANDBAGGING
TERMINATION FEE
WORKING CAPITAL ADJUSTMENTS

Customers have also used Kira to successfully train their own deal point provision models.

How does it work?

Kira processes contracts in dozens of formats and automatically converts them to machine readable text. It includes workflow tools for your team to validate the results, compare prevalence of provisions across documents and track multiple provisions at a time to understand patterns and correlations.

Kira is the leader in machine learning contract data extraction

Kira has been used on thousands of concurrent projects, helping hundreds of organizations gain greater visibility into their contracts. Our users include many of the world’s leading professional service firms and companies, in over 40 countries. We are among the most used and trusted AI solutions for professionals anywhere. There’s a reason why.

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