-[9 July 2020]- Luminance, the market-leading AI platform for lawyers, is expanding its presence in the Israeli legal market following the development and rollout of machine learning that can rapidly read and form an understanding of documents written in the Hebrew language.
With the majority of the Israeli legal sector working entirely in Hebrew, this latest enhancement to Luminance’s technology will be revolutionary for many law firms and in-house teams. Despite Israel having the highest lawyer per capita of any country, until now, legacy legal technologies have been primarily built in English. However, Luminance’s ability to ingest and analyse Hebrew documents will allow Israeli lawyers to apply the power of artificial intelligence to their datasets, powering thorough, insightful and rapid document review. Indeed, Israeli firms such as Tadmor Levy, Erdinast, Ben Nathan, Toledano & Co (EBN) and Amit, Pollack, Matalan & Co (APM) are already achieving time savings up from 50% using Luminance. Machine learning in Hebrew is available in both Luminance’s Diligence and Discovery products.
Yaniv Aronowich, Partner at Tadmor Levy, comments: “One of the barriers that make Israeli law firms reluctant to adopt many tech solutions is that they are not fit for the Hebrew language. Although many M&A deals and investments are in English, litigation, real estate deal, employment matters and other more domestic areas of law are all conducted in Hebrew… Luminance’s ability to analyse documents in Hebrew could prove to be a game changer for the Israeli market.”
Luminance’s ability to work in Hebrew is all the more critical as the economic impact of COVID-19 is felt globally. Yaniv Aronowich remarks: “Firms in Israel, like many firms around the world, are facing a downward pressure on rates, coupled with more work and less available staffing options. By rapidly analysing documents in any language, Luminance allows lawyers to get their work done faster and more efficiently. Lawyers that do not adopt this technology will be left behind.”
Shir Ashkenazi, Associate at EBN, comments: “Luminance’s Hebrew machine learning will allow our legal team to gain an all-encompassing insight into huge troves of documents, enabling us to get to the core of the case with more confidence in our results than ever before.”
Luminance’s acting CEO, Jason Brennan, adds: “We are hugely excited to be supporting our clients in their analysis of Hebrew documents. Using pioneering legal technology like Luminance, advisors are able to review entire datasets, irrespective of their language, jurisdiction or format.”
Founded by mathematicians from the University of Cambridge, Luminance is in use in over 80 languages and by over 250 law firms and organisations. With around 40% of Luminance’s customers working with documents that are written in languages other than English, now, for the first time ever, advisors have access to a tool which can work seamlessly across cross-border, multilingual transactions.
Luminance is the leading artificial intelligence platform for the legal profession. Founded by mathematicians from the University of Cambridge, Luminance has developed the Legal Inference Transformation Engine (LITE), the first true application of machine learning to the legal industry, combining pattern-recognition technology with supervised and unsupervised machine learning to read and understand human language. Luminance is used by law firms and in-house teams in over 50 countries around the world to improve processes such as due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. The company has offices in London, Cambridge, New York and Singapore.
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