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It offers resources for creation analysis and administration after execution
It Provides automatic redrafting tools and other AI support for contract negotiations
Offers an AI-powered storage for simple information retrieval.
Offers an AI-powered storage for simple information retrieval
Contains resources to automate workflows connected to contracts
It speeds up contract lifecycle management and eliminates bottlenecks
Luminance is an AI-based contract management tool for the legal sector. Using its unique legal Large Language Model, Luminance automates contract creation, discussion, and analysis. It adds future AI capabilities to all of a company's contract interactions, from creation and negotiation to analysis after the contract has been completed.
Legal teams can use the platform as an entire legal AI co-pilot to help with eDiscovery, contract processing, verification, and other tasks. It provides an unmatched way to automate document testing and legal procedures.
Luminance uses AI in contract management and examines legal documents to obtain important details and ideas. It may instantly review many contracts to find relevant terms, hazards, and errors. Due to its AI-powered negotiation skills, blurring and contract creation can be automated.
Luminance recognizes over 1,000 unusual legal terms and detects problems immediately. Its work with programs like Salesforce, Microsoft Word, and Outlook allows it to be easily incorporated into current legal procedures.
Governmental Organizations: Organizations can use this tool to speed up the examination and management of legal papers.
Law companies: Use this to carry out eDiscovery, contract analysis, and research more quickly and efficiently.
Financial Institutions: Institutions can apply AI to contractual compliance checks and risk assessments.
Corporate Legal Teams: Teams can use this to handle negotiations, compliance, and contractual duties more effectively.
Academic Institutions: Academic institutions can make use of Luminance for research on legal AI applications.
Fill out the Luminance online form to obtain a software demo. After the demo, work with Luminance to get access to your company platform. In the Luminance portal, upload your contracts and legal papers. Use Luminance's AI to detect and extract important data from your documents.
Examine the insights, defects, and data points AI created from your papers. Ask questions about your contracts and receive automated revision solutions using the Legal-Grade AI chatbot. Use the AI-powered store to oversee your contracts' entire lifecycle, from origin to termination. Set up automated workflows to hurry up contract procedures within your company.
“With its AI-powered solution that improves productivity, accuracy, and compliance, Luminance is changing what is practicable in the legal industry.”
Luminance enables legal professionals to concentrate on strategic decision-making by automating boring tasks and offering meaningful analytical insights. This eventually improves results for their clients and organizations. Users report processing contracts and reviewing documents in up to 90% less time.
Luminance was established in 2015 and has its headquarters in London, United Kingdom. It is a private company that has raised $92.6 million in funding over time and has 222 workers. The business platform creates and uses algorithms from several machine-learning domains.
Luminance provides services to a wide range of clients, including large enterprises and boutique law firms.
Eleanor Lightbody is the CEO of Luminance.
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