Legal AI company, Luminance, has kicked off LegalTech week in New York by announcing that it has won US law firm, Pepper Hamilton, as a client. The gaining of a well-known AmLaw 100 law firm is an important step for the UK-based AI company as it has been investing heavily over the last 12 months in winning clients in North America, with two offices there now.
The firm has decided to deploy Luminance’s doc review capabilities for M&A due diligence after a pilot that compared the AI technology with a manual review, the company said.
James Jumper, partner at Pepper Hamilton, said: ‘When comparing Luminance to our previous manual processes, its benefits were very clear from the start. The technology saved the team significant time.’
The firm especially seemed to like Luminance’s ability to cluster piles of unknown documents into relevant groups. Pepper Hamilton has more than 425 lawyers in 14 offices across the US.
Paris Waterman, associate attorney at the firm, added: ‘Luminance’s ability to identify document types right out of the box, with no training, made for a far more efficient review process for the whole team. Luminance is exceptionally user-friendly. We look forward to seeing the added support Luminance can provide in future M&A deals, and we anticipate that the technology will help us deliver on our firm’s key values of commitment to the client’s cause and adding value with efficiency.’
Luminance has been stepping up its global expansion efforts and now has offices in Chicago and New York, London and Cambridge, and also Singapore – with a new office in Australia apparently planned as well.
Emily Foges, the company’s CEO said: ‘This year, a focus for Luminance will be continuing to support our growing US customer base; New York in particular is a hub for innovation and a city that is home to several leading customer firms, so an office there seemed a logical next step as our global presence expands.’