What is Luminance?
Luminance is an AI-driven platform that provides end-to-end AI solutions for contract processing, contract review, and eDiscovery. It is built on a proprietary legal Large Language Model, validated by leading lawyers, and trusted by over 700 organizations.
Features of Luminance
Legal-Grade™ AI
Luminance's Legal Pre-Trained Transformer (LPT) technology has been exposed to 150+ million verified legal documents and validated by industry experts. It produces, analyzes, and understands content, ensuring the utmost legal rigor.
AI-Powered Negotiation
Luminance automatically produces a traffic light analysis of any contract out-of-the-box, visually indicating where terms differ from previously agreed wording and therefore pose a risk.
Intelligent Repository
Luminance's AI-powered repository automatically extracts key information from all contracts, providing instant insight across over 1,000 legal concepts, such as contract term, clauses present, and governing law.
Legal-Grade™ Chatbot
Ask Lumi is a first-of-its-kind chatbot underpinned by specialist, Legal-Grade™ AI. Users can ask Luminance's chatbot natural language questions about their documents and receive instant, legally accurate responses.
Business-Wide Automation
Luminance's AI empowers non-legal teams to generate, negotiate, and amend contracts in line with internal standards.
Benefits of Luminance
Automate Routine Work
Reduce inefficiencies, errors, and delays in manual contracting processes and focus on high-value work.
Improve Visibility
Ensure deadlines, revenue opportunities, and obligations don't go overlooked with a single source of truth for all contracts.
Maintain Compliance
Protect your business from reputational and financial risk with the ability to check for non-compliance both pre- and post-execution.
Reduce Spend
Improve internal efficiencies, maximize resources, and limit the volume of work requiring external expertise.
Frequently Asked Questions
How does Luminance's AI work?
Luminance's AI is built on a proprietary legal Large Language Model, validated by leading lawyers, and trusted by over 700 organizations.
What is the ROI of using Luminance?
Luminance can save time and cost through automated contract processing, improve visibility, maintain compliance, and reduce spend.
How does Luminance's chatbot work?
Ask Lumi is a first-of-its-kind chatbot underpinned by specialist, Legal-Grade™ AI. Users can ask Luminance's chatbot natural language questions about their documents and receive instant, legally accurate responses.
Can Luminance be used for eDiscovery?
Yes, Luminance provides AI-powered eDiscovery solutions, including AI-powered ECA for powerful searching and culling, conceptual data understanding, and AI-led TAR for quick, thorough, and auditable coding.