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AI-Powered Understanding of Key Contractual Features
Luminance works out-of-the-box, reading and forming a conceptual understanding of contracts and visually representing insights across a range of interactive widgets including document types, clauses, anomalies, currencies, languages and regions.
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Mitigate Risk
Luminance’s unsupervised machine learning automatically identifies anomalies present in your data room and categorises them by severity, type and number, allowing lawyers to effectively prioritise their review.
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Automatic Document and Clause Compliance
Luminance’s Automatic Document and Clause Compliance allows lawyers to choose the parameters of their review, selecting their desired standard versions (or ‘model’ variations) of clauses or documents to compare other contracts, against with red-lining and green-lining showing compliance and deviations from the ‘model’ version.
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Supervised Machine Learning: Create Bespoke Concepts and Adapt to Changing Regulation
Luminance can be taught new examples of concepts via a simple point-and-click process as part of the normal review workflow, allowing for bespoke tags for projects, clients or business areas. This machine learning means Luminance can stay current as new regulations come into effect, meaning that there is no need for downtime to perform costly maintenance.
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Integration with Microsoft Word and VDRs
Luminance brings the power of AI to Microsoft Word. With one click from within Luminance, lawyers see the relevant document in Word, with Luminance’s AI analysis of the document available in a sidebar. Luminance also integrates with VDRs including Box, Dropbox, HighQ, Intralinks, Ansarada and Sterling for the fast and easy transfer of documents.
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Facilitate Hybrid Working with Collaborative Workflow Tools
Luminance’s built-in workflow tools ensure no duplication of valuable work effort such as automatic task distribution, notes and batch document allocation. Project managers can oversee review progress and view real-time information, including tasks assigned, task size and progress.
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