Luminance

What is Luminance?

Luminance is a specialized AI platform crafted for the legal industry. Developed by AI experts from Cambridge University, the platform utilizes a proprietary legal Large Language Model (LLM) to automate tasks such as contract creation, negotiation, and analysis. It acts as a trusted support system for legal teams, allowing them to focus on intricate legal matters by handling routine tasks efficiently. Unlike generic AI solutions, Luminance offers a 'legal-grade' AI tailored precisely to meet the unique demands of the legal sector. Widely adopted across over 700 organizations globally, including the Big Four consultancy firms and major law firms, Luminance enriches legal operations in more than 70 countries.

Who created Luminance?

Luminance was founded by Adam Guthrie, who serves as the Founder & Chief Technical Architect of the company. The company was launched on February 1, 2018. Luminance is a world-leading AI platform for lawyers, with a focus on enhancing various legal tasks using AI technology. It is used by over 700 organizations globally, including top law firms and multinational companies.

What is Luminance used for?

• Contract analysis
• Automates contract creation
• Automates contract negotiation
• Automates contract analysis
• Efficiency enhancement for legal tasks
• Supports strategical legal focus
• Comprehensive legal features
• Digitization of contract management
• A 'legal-grade' chatbot
• Business-wide automation
• AI-driven contract drafting and process automation tools
• Contract negotiation
• Contract creation
• Automated redraft of clauses
• Automated contract drafting
• Automated contract processing
• Automated contract management
• Compliance maintenance
• Automated contract analysis
• Automation of contract management
• 'Legal-grade' chatbot
• Reduce spend, improve internal efficiencies, maximize resources, and limit the volume of work requiring external expertise
• Automated contract creation
• Automated contract negotiation
• Automating contract creation
• Automating contract negotiation
• Automating contract analysis
• Supporting strategical legal focus
• Providing 'legal-grade' chatbot
• Enabling business-wide automation
• Customizable for individual legal team needs

Who is Luminance for?

• Lawyers
• Paralegals
• Legal analysts
• Contract managers
• Compliance Officers
• Corporate attorneys
• Litigation support specialists
• Legal Operations Managers
• Intellectual property attorneys
• Government legal advisors

How to use Luminance?

To use Luminance effectively, follow these steps:

1. Understanding Luminance's Functionality:

   • Luminance is tailored for the legal profession, utilizing a Large Language Model (LLM) to automate tasks like contract creation and analysis.

2. Contract Management:

   • Luminance supports contract creation, negotiation, and management effectively with its AI capabilities.

3. Automating Legal Operations:

   • The AI platform automates various legal tasks such as document review, negotiation, and analysis using its unique technology.

4. Enhancing Legal Efficiency:

   • Luminance streamlines routine legal tasks, empowering legal teams to focus on complex and strategic work with its automation features.

5. Utilizing the 'Ask Lumi' Chatbot:

   • Luminance offers a 'legal-grade' Chatbot named 'Ask Lumi' which provides accurate responses to legal document queries and can summarize contracts swiftly.

6. Modernizing Legal Processes:

   • Luminance enhances contract management by digitizing and automating routine tasks, thus improving the efficiency of legal operations.

7. Tailored for Legal Industry:

   • Luminance's 'legal-grade' AI is specifically designed to meet the unique requirements of the legal profession, offering specialized features like contract analysis and negotiation.

By following these steps, users can effectively leverage Luminance to streamline legal tasks, improve efficiency, and focus on strategic legal aspects within their work.