Kira, now from Litera (acquired August, 2021) is software that searches and analyzes contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional models that can identify any desired clause. Kira can be deployed on virtual data rooms and other large repositories of contracts, creating summary analyses.
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TensorFlow
Score 8.1 out of 10
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TensorFlow is an open-source machine learning software library for numerical computation using data flow graphs. It was originally developed by Google.
Kira is a great due diligence tool and can be well utilised on both large and small transactions. It also has good application if you are looking to compare multiple documents against a model form document or market standard templates. Kira is less useful if you are looking to review emails (e.g. as part of a disclosure exercise); or if your review involves non-Latin based script languages.
Whenever the problem has the demand for a neural networks based solution, Tensorflow (TF) is a great fit.
The tf.dataset API makes it really simple to create complex data pipelines in a few lines of code.
tf.estimators API abstracts all the complex computation graph creation logic making it very simple to get started.
Eager execution makes it simple to develop a TF graph as debugging the code would be like any other imperative Python program.
TF abstracts all the complexities of scaling it to multiple machines. It has various code and data distribution algorithms ready to use.
Projects like TensorBoard make monitoring the training process really easy. It also gives the ability to view embeddings without any extra code. Their What-If is extremely useful for poking and understanding a black box model. It also has tools to visualize data to quickly check for anomalies.
TF Autograph aims to covert any normal Python code into a distributed program which is quite handy to scale an existing code base.
Data pipeline implementation is quite good, loading large amounts of data and pre-process it in an efficient way is no more issue for us
It supports all major DL algorithms and network layouts such as ConvNets, RNN, LSTMs, Word2Vec, and even the latest transformer architecture
The abstraction for the device is perfectly done and its support seamlessly for multiple GPU and even TPU will bring a lot of performance gain for enterprise scoped solution while still keep the flexibility
The TensorBoard is amazing. I haven't seen a similar thing in other frameworks on the market. It allows us to quickly understand and debug the model with the info visualization which makes understanding much better
A very supportive community, which is the key for sharing the ideas and find the quick and best solutions
It would be much better if they could provide good documentation and easy ways to understand concepts.
It is difficult to understand the concept behind for example, Tensor Graph, which takes a lot of time.
As you have to write everything, it is time consuming to write the implementation of whole neural network. It would be better if they can provide some wrapper library to make things easier.
If our firm had more contracts in English, the usability of Kira would be rated higher. However, since we have to train clauses in Portuguese in order to use Kira, it makes its usability lower. We still are not able to fully use Kira for reading contracts in Portuguese. It takes a long time and many associate hours to make Kira usable in other languages.
There was an email sent out with technical questions that was not attended to. However, Kira support has been good in general in that emails are well attended to overall, the Kira support portal is great and regular meetings are held.
Community support for TensorFlow is great. There's a huge community that truly loves the platform and there are many examples of development in TensorFlow. Often, when a new good technique is published, there will be a TensorFlow implementation not long after. This makes it quick to ally the latest techniques from academia straight to production-grade systems. Tooling around TensorFlow is also good. TensorBoard has been such a useful tool, I can't imagine how hard it would be to debug a deep neural network gone wrong without TensorBoard.
We initially chose Kira because of the Quick Study feature and because we trust Noah. We've since evaluated Diligen--its features have grown substantially over the past year. We've also tried ContraxSuite, LawGeex, Evisort, Luminance, eBrevia, Heretik, Blackboiler, and many others. It all comes down to the cost + feature set. We will always go with the lowest cost provider with the widest needed feature set (assuming there are no accuracy or performance issues during the pilot).
Can't seem to choose any deep learning platform in the above, so I'll list it here: 1. Apache MXNet: this has been used for one of our main algorithms for search as an end-to-end pipeline. We chose this because of the Scala bindings, which makes it easier to integrate with out JVM backend. MXNet seems comparable to TensorFlow, although community support is not as good as TensorFlow, and there are issues with memory leaks that are being worked on. TensorFlow in general is easier to use, but MXNet isn't too far behind. 2. Keras: still a favorite. Often I use this when paired with TensorFlow. TensorFlow 2.0 will make it even easier. 3. PyTorch: only used it a little, so it's hard to provide a good opinion. 4. DL4J: used it initially in an early days project because it has good JVM support. Harder to used not because of poor API design, but because community support is lacking and features don't come out as fast as TensorFlow.
When trained to read bespoke types of documents, the accuracy can be very good and the consequential time savings very high. In this scenario we have reduced the average time of review of one type of client documents from over an hour to 15 minutes.
Positive Impact- As I mentioned before its open source. Very easy to learn for average programmer/ developer. We were able to design a POC model for understanding the patient appointment cancellation snd reasons behind it in 3 week time frame.
Negative Impact- If you are using tensor flow for small project it works fine. If you are trying to build a model for face recognition it will be hard to program and train the system. It needs data to be processed before hand cannot learn on the go.
