Luminance accelerates due diligence and contract review with AI that reads at scale while keeping lawyers in control. Upload data rooms or contract sets, extract clauses and definitions, and flag risk, governance, and unusual language for targeted attention. Compare versions, cluster similar documents, and build playbooks that reflect policy and jurisdiction. Workflows, permissions, and audit trails keep collaboration secure from intake to completion across matters and deals. Integrations streamline closings.
Ingest structured and unstructured files, detect document types, and group by entity, counterparty, or jurisdiction; dashboards show coverage and gaps to prioritize review. OCR and language detection normalize scans and multilingual sets, while sampling suggests where deeper human review is warranted. Entity extraction links parties across documents, revealing relationships and obligations easy to miss in manual passes, and coverage widgets guide resource allocation.
Identify indemnity, termination, assignment, and other key terms; highlight deviations from policy; and surface missing clauses early in the process. Lawyers drill into the source in context, not a detached summary, so nuance is preserved. Out-of-policy wording is grouped for bulk review, with fallback positions from the playbook offering alternatives instantly. Heat indicators mark provisions that impact economics or risk, focusing attention where it matters.
Compare drafts to see what changed; cluster similar docs to review in batches; and auto-tag topics for reporting so patterns emerge faster. Side-by-side diffs and heatmaps show high-impact edits, while filters expose outliers that deserve carved exceptions. Similarity scores flag copy-paste variants hiding differences, and batch actions apply tags consistently. Topic models surface themes the checklist missed, preventing late surprises during closings.
Codify firm or company standards into playbooks with fallback positions aligned to policy. Train suggestions from accepted edits so recommendations improve over time and reflect real negotiations. Templates keep language consistent, while examples with commentary explain tradeoffs so junior reviewers learn when to escalate exceptions. Metrics show which rules add value, and improvements raise precision without sacrificing practitioner judgment and control.
SSO, roles, and region controls protect sensitive data; retention windows match client requirements; and audit logs track actions with clarity. Exports assemble findings for stakeholders cleanly into deal memos or policy updates. Matter isolation prevents cross-client data exposure, and field-level permissions restrict who can export or view attributes. Encryption at rest and in transit is standard, and reports cite pages so partners verify conclusions quickly.
Recommended for law firms and in-house legal teams managing heavy diligence, vendor paper, and policy rollouts. Luminance surfaces risk and organizes work so experts focus on judgment, not hunting for clauses. Partners see progress in dashboards, and leaders get summaries tied to source evidence for confident decisions. Procurement and compliance teams benefit alongside M&A, turning noisy paper into structured obligations that teams can track and act on reliably.
Manual review is slow and misses patterns in large sets. Luminance centralizes documents, extracts terms, compares versions, and learns from outcomes while respecting governance. The result is faster diligence, better risk visibility, and consistent language—freeing time for negotiation and strategic counseling. Stakeholders see risks with citations, so discussions center on decisions rather than hunting documents, and cycle times drop noticeably across matters.
Visit their website to learn more about our product.
Grammarly is an AI-powered writing assistant that helps improve grammar, spelling, punctuation, and style in text.
Notion is an all-in-one workspace and AI-powered note-taking app that helps users create, manage, and collaborate on various types of content.
0 Opinions & Reviews