Typically, when a clutch wears out it will slip rather than grab. This only makes sens as the plates get thinner as they wear down. I would recomend switching to a stock lever and perch if you are unsure of what leverage raito the set up on there now has. The typical aftermarket clutch lever/perch copies a honda raito, which pulls less cable than a stock kawasaki set-up. It makes for an easier clutch pull, but often leads to dragging.
Another possibility is that the clutch plates are warped. This happens when a clutch is over heated (which is hard to do, I slip the clutch a lot while climbing hills and exiting turns and have never had a problem). Warped plates will cause drag even when th proper amount of cable is pulled because they still rub against eachother.
Another possibility is that the clutch basket is knotched. The clutch plates are held by and inner and outer basket, each basket has fingers or groves that the clutch plate tabs ride in. Over time, the clutch plate tabs wear knotches in the baskets which prevent the clutch plates from moving freely. This can cause grabbing, dragging, slipping etc.
good luck