Luminance

Luminance is redefining how businesses and legal teams manage contracts, offering a platform that brings Legal-Grade™ AI to every interaction with legal documents—from contract generation and negotiation to post-execution analysis. Founded by mathematicians from Cambridge University, Luminance’s AI is underpinned by a proprietary legal Large Language Model (LLM) that integrates both analytical and generative AI to streamline legal processes. Operating in over 70 countries, Luminance serves a vast range of clients, including the Big Four consultancy firms and some of the world’s largest corporations, positioning it at the forefront of legal AI technology.

Its slogan, “Wherever Computer Meets Contract,” aptly captures its mission: to integrate AI wherever business meets legal documentation.

The Evolution of Legal AI

Unlike generalist AI models, Luminance was designed specifically for the legal sector, having been trained on over 150 million legally verified documents. This extensive exposure allows Luminance’s AI to provide precise, legally sound insights that businesses and law firms can trust. It doesn’t just process or produce content—it understands it, analyzing contracts for compliance, flagging anomalies, and assisting with eDiscovery.

This explains why Luminance is trusted by over 700 organizations worldwide, including major corporations like Hitachi, AMD, BBC Studios, and Koch Inc.

A Comprehensive Legal Co-Pilot

Luminance offers an array of AI-powered products designed to optimize various stages of legal work. These include:

• Luminance Corporate: This product handles end-to-end contract processing, offering tools like automatic first-pass contract analysis, mark-up integration with Microsoft Word, and AI-powered contract repositories for granular insight.

• Luminance Diligence: Automates contract review, instantly detecting anomalies and ensuring compliance with over 1,000 legal concepts recognized out of the box.

• Luminance Discovery: Facilitates eDiscovery with AI tools for conceptual data understanding, automatic Personally Identifiable Information (PII) detection, and rapid review capabilities using Technology-Assisted Review (TAR).

Together, these products create a comprehensive toolkit for legal teams, enhancing both efficiency and risk management while maintaining high-quality output.

Key Features of Luminance

Legal Pre-Trained Transformer (LPT)

At the core of Luminance’s success is its Legal Pre-Trained Transformer (LPT), the most advanced legal-specific LLM available today. Unlike generalist models, Luminance’s LPT has been trained on millions of legal documents, giving it unparalleled accuracy and contextual understanding. This technology allows the platform to generate and analyze contracts with precision, providing legally rigorous outputs that firms can confidently use.

AI-Powered Negotiation

Luminance goes beyond just drafting contracts. Its AI-powered negotiation tools identify areas where contract terms deviate from previously agreed wording. The platform’s Traffic Light Analysis visually highlights potential risks, enabling legal teams to focus on the most critical issues. With just a click, users can adjust third-party contracts to align with internal standards, reducing negotiation time by up to 90%.

Granular Insight Into Contracts

Luminance’s AI-powered contract repository centralizes all executed and in-progress contracts, allowing users to quickly gain a high-level understanding of their contractual landscape. Whether the goal is to identify risks or discover business opportunities, this feature ensures that no key information goes unnoticed.

Q&A and Automated Redrafting

The platform’s Legal-Grade™ chatbot, Ask Lumi, allows lawyers to ask natural language questions and receive accurate, legally compliant answers almost instantly. Need a clause redrafted? Ask Lumi can handle that too. Whether it’s summarizing a contract or generating compliant clause wording, Ask Lumi offers a level of speed and precision that would take hours for a human lawyer to achieve.

Eliminate Contract Bottlenecks Across Your Business

Luminance isn’t limited to legal departments. Its AI tools empower non-legal teams—like sales, procurement, and HR—to manage contracts with minimal legal oversight. Features like Self-Serve enable first-pass contract reviews and automatic compliance checks, allowing businesses to eliminate bottlenecks and accelerate the time-to-signature.

Real-World Benefits and ROI

Luminance offers a host of benefits that go beyond accelerating the contract drafting process. These include:

• Automating Routine Work: Luminance allows legal teams to focus on more valuable tasks by automating repetitive work, increasing overall productivity.
• Improving Visibility: By providing a single source of truth for all contracts, Luminance ensures that deadlines, opportunities, and obligations are never missed.
• Maintaining Compliance: Luminance helps ensure that contracts meet compliance standards both pre- and post-execution, minimizing financial and reputational risks.
• Reducing Spend: Luminance improves efficiency and reduces reliance on outside counsel, leading to significant cost savings.

ROI Highlights

The financial impact of adopting Luminance is substantial:

• Avianca saw a 90% time-saving on contract processing.
• Hitachi takes NDAs from generation to signature in as little as five minutes.
• IDEXX Laboratories reviewed 20,000 documents in just 20 minutes, compared to the weeks it would have taken manually.
• LG Chem reduced contract review time by 30%, while Ask Lumi has been successfully deployed in Korean.
• ProSapient redeployed paralegals to higher-value tasks, cutting external counsel spending by 90%.

Seamless Integration and Security

Luminance integrates with widely-used platforms such as Microsoft Word, Outlook, and Salesforce, ensuring smooth adoption into existing workflows. Its ISO27001-certified security also provides robust protection for sensitive legal data.

Bringing Legal AI Into Focus

Luminance represents the future of legal work by combining cutting-edge AI with industry-leading legal expertise. The platform helps businesses and law firms manage contracts faster, more efficiently, and with greater precision. Whether you’re looking to automate routine tasks, improve compliance, or reduce legal costs, Luminance offers the tools to make it happen.