Luminance Corporate

Luminance Corporate uses AI to enhance and expedite the entire contract lifecycle process, from contract drafting and negotiation to understanding the key features of executed contracts. With Corporate, lawyers can see all of their contracts in one place, with Luminance’s machine learning then reading and forming an understanding of the documents and providing lawyers with unparalleled insight into their business’s contractual landscape. Luminance’s AI is also available to lawyers within Microsoft Word via an easily-installed plugin, helping users to find key information within contracts as ensuring compliance with previously approved terms.

Able to be deployed and used within hours, Luminance is trusted by over 350 customers globally to provide the quickest, most comprehensive contractual reviews available document reviews available

OVERVIEW OF ENTIRE CONTRACTUAL LANDSCAPE

OVERVIEW OF ENTIRE CONTRACTUAL LANDSCAPE

Luminance acts as a central interface for viewing all contracts. Luminance’s machine learning reads the contracts, presenting this analysis visually, broken down across a number of interactive widgets. These can be used to quickly search and filter to important information within a few clicks.

AI ANALYSIS WITHIN MICROSOFT WORD

AI ANALYSIS WITHIN MICROSOFT WORD

Luminance integrates with Word via a plugin. Open your contracts in Word and Luminance’s machine learning analysis labels key information such as clauses, parties and other important data points, allowing users to navigate around contracts with ease.

UNDERSTAND THE STATE OF NEGOTIATIONS

UNDERSTAND THE STATE OF NEGOTIATIONS

Luminance visually indicates where terms differ from previously agreed wording via a ‘traffic light’ system. Where terms do not meet internal standards, alternative acceptable wording suggestions are provided from internal precedent banks and industry benchmarks.

EASILY APPLY PRECEDENTS

EASILY APPLY PRECEDENTS

Luminance shows users how their business has drafted previous versions of the clause under negotiation. The ‘Compare Wording’ button highlights any differences found between precedents and the contract under negotiation, and Luminance provides the option to apply the exact wording of previous precedents into the contract.

COMPLETE VISIBILITY INTO PREVIOUS AMENDMENTS

COMPLETE VISIBILITY INTO PREVIOUS AMENDMENTS

Luminance’s Paragraph Analysis technology allows the user to track the history of mark-ups and amendments to contracts, even if track changes weren’t switched on when the edits were made by the counterparty, giving confidence that nothing has been missed.

CREATE BESPOKE TAGS WITH ONE CLICK

CREATE BESPOKE TAGS WITH ONE CLICK

Luminance’s supervised machine learning allowing lawyers to add any number of additional clause models. In one click, lawyers can apply this learning across their entire dataset.

Luminance is the legal industry’s most advanced AI platform, using a unique combination of supervised and unsupervised machine learning to provide lawyers with the most rapid and robust understanding of their contracts.

Key Benefits

  • Vast time-savings

    Luminance Corporate allows lawyers to rapidly organise, edit and compare all contracts, whether executed or under negotiation

  • Maintain compliance

    Gain immediate insight into all contracts, with Luminance highlighting missing or non-compliant clauses

  • Facilitate negotiation

    Rapidly understand what terms are acceptable via 'traffic light' colour coding. Expose and understand all changes throughout the negotiation process, including those made by counterparties without ‘track changes’ being switched on

  • Respond rapidly to business needs

    Get rapid answers to key business questions with AI-powered search and analysis

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Try Luminance for Free Today

If you would like to see Luminance’s transformative AI on your own documents, click here to find out more about Luminance’s free three week pilot.