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luminance.com

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Legal-Grade™ AI for Every Contract Touchpoint

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Type
Saas
Company
Luminance

About luminance.com

Luminance is an artificial intelligence platform for the legal profession. Built on a proprietary legal Large Language Model (LLM), Luminance uses next-generation AI to automate the generation, negotiation, and analysis of contracts. Developed by world-leading AI experts and validated by leading lawyers, Luminance’s specialist ‘legal-grade’ AI is a trusted co-pilot for any legal team. It offers features like AI-driven negotiation, a ‘legal-grade’ chatbot, and business-wide automation to eliminate contract bottlenecks.

How to Use

Luminance can be used to generate, negotiate, and analyze contracts. Users can leverage the AI-driven negotiation feature for traffic light analysis of contracts, use the ‘legal-grade’ chatbot to ask questions and redraft clauses, and automate contract processes across various business functions.

Key Features

  • AI-Driven Negotiation
  • Legal-Grade Chatbot
  • Business-Wide Automation
  • Automated Contract Review
  • End-to-End eDiscovery

Use Cases

  • Automated contract processing to save time and costs.
  • First pass contract analysis within MS Word.
  • AI Chatbot for Q&A and automated redrafting.
  • AI-driven repository for granular insight.
  • Automated contract drafting and process automation tools.
  • Instant anomaly detection in contracts.
  • AI-powered ECA for powerful searching and culling in eDiscovery.

Key Features

AI-Driven Negotiation
Legal-Grade Chatbot
Business-Wide Automation
Automated Contract Review
End-to-End eDiscovery

Pros & Cons

Pros
  • 99% time savings when responding to business queries
  • 5 minutes to review an 80-page MSA
  • 500+ hours saved on contract generation
  • Trusted by over 1,000 organizations including all Big Four and Global Top 100 law firms
  • Legal-Grade accuracy via Mixture of Experts and validation by leading lawyers
  • Best-in-class security with ISO 27001 and SOC2 certifications
  • 24/7 customer support with dedicated account team
  • Seamless integrations with Microsoft Word and other enterprise tools
Cons
  • Pricing is not publicly available and requires contacting sales

Best For

Automated contract processing to save time and costs.First pass contract analysis within MS Word.AI Chatbot for Q&A and automated redrafting.AI-driven repository for granular insight.Automated contract drafting and process automation tools.Instant anomaly detection in contracts.AI-powered ECA for powerful searching and culling in eDiscovery.

Alternatives to luminance.com

FAQ

What does Luminance do?
Luminance provides Legal-Grade™ AI that automates and augments every contract touchpoint: drafting, negotiation, analysis, compliance, investigation, and collaboration.
Who uses Luminance?
Over 1,000 organizations in 70 countries, including all Big Four consultancy firms, over a quarter of the Global Top 100 law firms, and companies like AMD, BBC Studios, Hitachi, and Koch Industries.
How does Luminance ensure accuracy?
Luminance uses a Mixture of Experts approach with a panel of judges to ensure Legal-Grade™ accuracy, trained and validated by world-leading lawyers.
Is Luminance secure?
Yes, Luminance holds ISO 27001 and SOC2 certifications and has a world-leading Security Advisory Board.
What integrations does Luminance offer?
Luminance offers seamless integrations with Microsoft Word and other enterprise tools to ensure the streamlined flow of documents around the business.