Luminance
Luminance provides AI-driven solutions for contract generation, negotiation, and analysis, catering to corporate legal teams and litigation processes with advanced technologies like a proprietary legal Large Language Model and Legal Pre-Trained Transformer technology.
AI Contract Solutions
Luminance offers specialized AI solutions designed to automate tasks related to the generation, negotiation, and analysis of contracts. These solutions empower corporate legal teams by streamlining diligence processes and aiding in discovery during litigation. The core features include AI-driven negotiation capabilities and a 'legal-grade' chatbot that offer business-wide automation. Through these solutions, legal professionals can enhance efficiency and accuracy in managing contract-related tasks.
Proprietary Legal Large Language Model
Luminance has developed a proprietary legal Large Language Model (LLM), which is instrumental in their suite of products. This model leverages advanced AI technologies to provide robust assistance in multiple facets of legal management such as negotiation and contract analysis. The legal LLM is a cornerstone technology that enables the company to offer precise and efficient automated solutions for their clients’ legal tasks.
Clientele and Integration
Luminance serves a diverse array of high-profile clients including Staples, LG Chem, Panda Express, SiriusXM, AB InBev, and Tesco. Their solutions are seamlessly integrated with widely-used platforms such as Microsoft Word and Outlook, Salesforce, and various Virtual Data Rooms (VDRs), enhancing operational compatibility and user experience across different business systems.
Legal Pre-Trained Transformer Technology
The Legal Pre-Trained Transformer (LPT) technology developed by Luminance is informed by an extensive database comprising over 150 million verified legal documents. This technology underpins their AI solutions, ensuring they deliver accurate and legally sound automation for their clients. LPT technology is a key differentiator that enables Luminance to provide effective contract analysis and negotiation tools.
Security and Media Coverage
Luminance is ISO27001 certified, demonstrating their commitment to maintaining high standards of information security management. The company has also garnered significant media attention and has been featured in notable news outlets including Sky News, BBC News, CNBC, and City AM. These features highlight the company’s influence and recognition within the industry.