The Next Frontier for Contract Work : Legal-Grade™ AI That Understands the Bigger Picture
For over a decade, our focus here at Luminance has been focused on building Legal-Grade™ AI that mirrors how legal teams and professionals actually think and work – applying judgment, understanding context and learning from experience.
Our latest release marks a significant step towards that goal. It brings that long-term vision into sharper focus, introducing a platform designed not just to assist with individual tasks, but to carry understanding forward and unlock the full strategic value of contracts across the enterprise. The result is a new kind of value: contract intelligence that compounds over time, preserving institutional knowledge and supporting smarter decisions. Let’s dive into what that looks like in practice, across every stage of the contract lifecycle…
Smarter Negotiation, Grounded in Precedent
Negotiation is where context matters most, since its absence can be so costly. With Luminance, proposed mark-ups aren’t based on guesswork or static playbooks but grounded in real precedent drawn from similar past negotiations.
Lumi compares drafts to previous versions, clearly explaining what’s changed and where risk has shifted. This insight into how negotiations have evolved over time ensures nothing is missed, giving legal teams a clear line of sight into both progress and exposure.
Crucially, Lumi brings institutional knowledge into the negotiation process. If you’ve negotiated with the same counterparty – or a similar one – before, that history now informs your next move. Deal context that was once locked in individual memory or scattered across folders is surfaced in seconds, with Lumi explaining how comparable negotiations were previously handled.
With all of this context to hand, Lumi can apply instant, automatic mark-ups, further tailored through simple conversational prompts. Let’s say it’s the end of quarter and speed is critical – I explain this commercial priority to Lumi and receive a mark-up designed to minimize redlines while still protecting core standards.
The value goes far beyond speed. Negotiations become consistent at scale, without sacrificing judgement.
Turning the Repository into a Living Source of Business Intelligence
Luminance’s repository turns static contracts into live insights. Not only is this powerful for legal teams, but for functions across the entire business. From Finance and Procurement to HR and Sales, all these teams rely on contract information to make decisions – Luminance makes this knowledge accessible.
Luminance’s customizable dashboard brings contract insights to life, allowing each team to see the information that matters most to them. What’s more, through a simple conversation, users can ask nuanced questions across entire contract portfolios. Let’s say the marketing team wants to understand logo usage rights. They can simply add a column for that specific data point and Lumi will instantly surface the answer across all relevant agreements. From there, Lumi can generate a tailored report, ready to download and share with the business.
Crucially, Lumi analyzes document families as a single, evolving relationship, interpreting amendments, side letters and related agreements together, understanding prevailing terms to ensure answers are always accurate and up to date.
Every insight is also supported by source-level citations and clear reasoning, allowing users to trace outputs directly back to the underlying clause. This transparency is critical to ensure trust and verify how conclusions are formed.
Workflows That Move with the Deal
As deals progress, Lumi uses the relevant context to determine what needs to happen next, without relying on manual handoffs or fragmented oversight.
Lumi understands the current state of each contract and how your organization operates. It orchestrates the right actions automatically: notifying the right people, at the right time, and with the full context they need to act quickly and confidently.
Whether it’s escalating a risk, triggering an approval, or keeping stakeholders aligned as terms evolve, workflows adapt dynamically as the deal moves forward. Context is carried forward at every stage, ensuring momentum is maintained and contracts don’t stall at critical moments.
Lumi – Your Legal Assistant
Tying this release together is Lumi, our Legal Assistant , now at the heart of the platform. Users can navigate contracts, trigger actions, and generate insights through simple natural-language conversation. Every interaction builds context, with chat history saved automatically, so understanding compounds instead of resetting. This continuity transforms how teams engage with their contracts – as conversations progress and context accumulates, Lumi offers consistent, evolving support that reflects how work actually unfolds in the real world.
Under the hood: The AI that powers it all
These capabilities are made possible by major advances in AI, paired with Luminance’s proprietary architecture. As models have gained stronger reasoning capabilities and the ability to consider far more information at once, contracts no longer need to be broken into fragments where nuance is easily lost. Instead, they can be understood as whole documents, alongside the legal and commercial context that surrounds them. This unlocks a new level of accuracy and insight.
At Luminance, we go further by carefully controlling what information the AI considers and how it is presented. This ensures the AI consistently draws on the most relevant information at each stage, rather than producing generic or disconnected outputs. This process is applied continuously; each step builds on the last, layering short-term memory with long-term institutional knowledge embedded in the platform. The result is a set of intelligent AI agents that understand context, apply sophisticated legal reasoning, and take action on the user’s behalf across the entire contract lifecycle.
Beyond this, our Panel of Judges approach – combining a diverse set of foundational, proprietary and fine-tuned models – and vast, proprietary legal dataset built from over a decade of real-world use, ensure Luminance always delivers reliable, explainable, and continuously improving Legal-Grade™ AI.
This release marks a fundamental shift in how teams interact with contracts. Decisions can be made more quickly and with more confidence, institutional knowledge is preserved and legal teams spend less time reconstructing context and more time advising the business. The result? Contracts evolve from static documents into a continuously learning source of enterprise intelligence that becomes more valuable with every interaction. I’m excited to see what our customers unlock with this next generation of Legal-Grade™ AI.
Want to see it in action? Book a demo today!