Luminance is an AI platform designed to enhance every touchpoint a business has with its contracts. Built on a proprietary legal Large Language Model (LLM), it offers end-to-end AI capabilities, from contract generation to negotiation and post-execution analysis.
Key Features:
- Legal LLM: Trained on 150+ million verified legal documents, ensuring legal rigour.
- AI-Powered Negotiation: Automatically produces a traffic light analysis of contracts, visually indicating deviations from agreed wording.
- Intelligent Contract Repository: Automatically extracts key information from all contracts, providing instant insight across 1,000+ legal concepts.
- Legal-Grade™ Chatbot (Ask Lumi): Allows users to ask natural language questions about their documents and receive instant, legally accurate responses.
- Business-Wide Automation: Empowers non-legal teams to generate, negotiate, and amend contracts in line with internal standards.
Use Cases:
- Contract Review: Quickly identify anomalies and risks in contracts.
- Due Diligence: Automate contract review during mergers and acquisitions.
- eDiscovery: AI-powered ECA for searching and culling documents.
- Compliance Monitoring: Check for non-compliance both pre- and post-execution.
- Contract Generation: Draft compliant contracts from approved templates.
