Real time contract review in one place – Litera
Real-time contract review progress data is now centralized within Litera Transact to establish a single source of truth for M&A deals, easing context-switching and delivering greater transparency
Litera, a global leader in legal AI technology solutions, announced the strategic integration of its GenAI-powered contract review platform, Kira, directly into its transaction management software, Litera Transact. The move creates a single, unified source of truth for deal progress, easing operational friction and risk caused by fragmented legal workflows.
“The integration of Kira and Transact is a huge milestone for legal professionals worldwide,” said Joey Benedek, Vice President of Product Management at Litera. “It means that Transact offers a complete and real-time picture of contract review progress. The integration removes the need to monitor deal progress across multiple platforms, enhancing transparency and ensuring legal teams can deliver complex deals with absolute confidence.”
With this integration, law firms and corporate legal teams can spend less time switching between different tools and more time focusing on their work. Tracking the progress of legal transactions becomes easier and more transparent, which is especially important as deals get more complex and take longer to close. Associates, paralegals, and transaction lawyers can quickly see review status and who’s responsible for what, helping with M&A compliance. Instead of constantly switching between Kira and Transact (and losing focus every time), teams can keep everything in one place and work more efficiently.
By enabling Transact to instantly surface Kira’s real-time contract review status, reviewer activity, including how many people have reviewed each document, and completion percentages, legal teams can now enable every stakeholder to operate from a centralized dashboard without ever leaving the deal workspace.
The Kira-Transact integration solves three core workflow challenges:
- Total deal visibility – Teams gain an instantaneous view of contract review statuses and reviewer breakdowns for each deal within the Transact dashboard, removing the need for manual status updates and email chasing.
- Integrated workflows – Creates a clear, defensible record of contract review progress by integrating review data directly into Transact’s audit-ready Activity Log, critical for reducing context-switching in complex, global deals.
- Accelerated transparency – Keeps deal timelines on track and delivers the transparency clients demand by eliminating administrative burdens, allowing lawyers to focus on high-value strategies.
The integration can be configured per deal, so firms have governance control over which deals require the integration or not.
This strategic integration follows Litera’s recent enhancements to unify fragmented workflows and democratize AI, including the inclusion of Lito, the new AI Legal Agent built on 30 years of legal experience to Kira and Drafting subscriptions. It also continues the company’s commitment to using unified workflows and advanced AI to simplify legal complexity, maximize lawyer efficiency, and elevate client service standards.
The integration of Litera Transact and Kira is available to customers with both products now. Request a demo today to see how Kira and Transact transform your transaction workflow and help your team close deals faster while delivering more value to clients.
