Luminance Diligence by Luminance

Luminance Diligence

by Luminance


Overview

Luminance Diligence uses next- generation AI to automate a range of contract review projects including M&A due diligence, lease reviews and compliance exercises.

Granular Insights: Luminance works out-of-the-box to automatically extract key information from all contracts, providing instant insight across over 1,000 legal concepts, such as contract term, clauses present, and governing law. AI-powered search, including conceptual search, and interactive widgets help lawyers prioritise their review and hone in on what’s most important. 

Automated Compliance: Luminance allows lawyers to choose the parameters of their review, selecting their desired standard (or ‘model’ versions) of clauses or documents to compare other contracts against with red-lining and green-lining showing compliance and any deviations from the ‘model’ version.

Supervised Machine Learning: Teach Luminance new concepts via a simple point-and-click process as part of the normal review workflow. The technology allows for bespoke tags for projects, clients or business areas. This machine learning means Luminance can stay current as new regulations come into effect, eliminating the need for downtime to perform costly.

Workflow Tools: Luminance’s workflow tools ensure no duplication of work effort. These include automatic task distribution, notes and batch document allocation. Project managers can also oversee review progress and view real-time information, including tasks assigned, task size and progress.

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HEADQUARTERS
UK
LANGUAGES
Configurable
X-Twitter
YEAR FOUNDED
2015
REGIONS SERVED
Asia,
Europe,
North America
Features
Contract Review Key Features
Reporting
API Capabilities
Pre-Trained Library
Self-Training Option
Multilingual Capability
Data Export
Review Panel
Red Flag
Role/Task Allocation
Areas of Use
TARGET AUDIENCE
Law Firms - 100-499 Lawyers
Law Firms - 500+ lawyers
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