KPMG Legal Tóásó becomes first organisation in Hungary to announce adoption of Luminance’s AI technology 23 September 2019 | London
Leading Big Four law firm KPMG Legal Tóásó has become the latest organisation to adopt Luminance’s cutting-edge machine learning technology to enhance their legal services.
KPMG Legal Tóásó, an innovative and dynamic firm who are focused on finding the best and fastest solution to their work, have deployed Luminance to further strengthen their vision to create real value for their clients and make KPMG Legal a clear choice for legal services.
Bálint Tóásó, Managing Partner at KPMG Legal Tóásó commented: “After months of using Luminance and experimenting with different use cases, we are confident that the technology will make a difference to us and to our clients.”
A real pull for KPMG Legal Tóásó was Luminance’s ability to read and understand any language as they work in Hungarian legal concepts as well, making it possible that smart and efficient due diligence exercises, M&A transactions and document reviews are also available to the Hungarian market.
Luminance will enable the firm to remain competitive and current, Bálint Tóásó commented: “From now on, our service offering is further extended with a market leading, front-line AI solution and Luminance’s ability to structure and visualise complex legal data”. The organisations recognise that an innovative solution is critical in a changing and fast-paced legal climate: “We are picking up signals from the market that clients’ openness to solutions around legal AI is increasing and with entering this market at an early stage we could make good use of the first mover advantage.”
Emily Foges, CEO of Luminance, added: “I am thrilled to announce KPMG Legal Tóásó will be adopting our technology. It is clear that KPMG Legal are leading the way for their clients, using artificial intelligence to deliver the best possible service and advice”.
About KPMG Legal Tóásó
KPMG Legal Tóásó is renowned for its innovative approach to legal and business advisory services. Based in Budapest, Hungary, the Big Four law firm offers knowledge and expertise in areas such as Corporate M&A, Finance-Regulatory and Real Estate, as well as working in close collaboration with the tax, auditing and accounting teams of KPMG.
Luminance is the leading artificial intelligence platform for the legal profession. The technology builds on ground-breaking machine learning and pattern recognition techniques developed at the University of Cambridge to read and understand legal language much like the human brain. Luminance is used by law firms and in-house teams in over 40 countries around the world to improve processes such as due diligence, compliance reviews, property portfolio analysis and eDiscovery. Luminance has offices in London, Cambridge, New York Chicago and Singapore.
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