Luminance, the leading artificial intelligence platform for the legal profession, is continuing to expand, as it opens an office in New York.
The new location, its second in the US, will support Luminance’s growth and its expanding customer base in the region. The platform, which deploys the latest breakthroughs in machine learning from the University of Cambridge to read and analyse legal documentation, is already used by top-tier US clients, including Holland & Knight LLP, Ice Miller LLP and McDermott Will and Emery.
Emily Foges, CEO at Luminance, comments: “Two years since entering the market, we are delighted to open a base in New York to celebrate this milestone and enhance the service we can offer our current US client-base. New York is undoubtedly a hub for innovation across the US legal community and lawyers are realising the vast potential AI holds – to boost efficiency, quality of work and overall client service.”
Luminance’s US clients have acknowledged the value of AI, with Thibaud Forbin, Corporate Partner at MWE recently commenting: “AI technologies such as Luminance are changing the way contract review processes are conducted.”
Luminance set to join Department for International Trade (DIT) US trade mission
The news comes as Luminance CEO Emily Foges prepares to join the Department for International Trade’s (DIT) trade mission to the New York AI summit, running from 3 to 7 December 2018. Emily is one of 11 UK delegates from AI and machine learning companies selected to join the four-day trip, following a competitive recruitment process.
Her Majesty’s Consul General in New York and Trade Commissioner for North America, Antony Phillipson, said: “We’re thrilled Luminance has chosen New York for its second US office. The UK is a global leader in AI and this expansion really demonstrates the appetite for legal AI in the United States and the ambition of UK firms to satisfy it. I look forward to continuing to watch Luminance grow and share their expertise.”
The trade mission will offer UK artificial intelligence companies the chance to meet with US corporations, link with influencers in the New York technology community and gain valuable insight into doing business overseas.
In its third year in New York, the AI Summit is set to host more than 3,000 attendees with understanding into AI solutions across all sectors. Other UK delegates selected for the mission include Kainos, Peak, Ravelin, re:infer’s, Smartology, Speechmatics, StatusToday, Tessian, Velocity Black and Volume.ai.
Emily Foges continues: “The DIT’s trade mission to New York underscores the timeliness of our new office opening, and the strength of interest in AI and technological innovation in the region. The trip will present a valuable opportunity to reflect on how we can effectively encourage businesses across different sectors to embrace change and realise the benefits of new technologies.”
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