JPM, which recently announced its adoption of Luminance’s machine-learning driven contract analysis tool, will now join a growing list of customers, including Dentons and members of the ‘Big Four’ accountancy network , to have adopted the entire Luminance platform to streamline document review processes across a wide range of practice areas.
Previously, JPM had relied solely on manual review processes to read and analyse their documents, which had been a significant drain on both time and resource for the firm. JPM opted to deploy Luminance’s pioneering contract analysis platform after achieving a 50% time saving when using the tool to analyse nearly 1,000 contracts in the Serbian language. Impressed with Luminance’s powerful machine learning and unique ability to understand documents in any language, JPM has now decided to adopt Luminance’s eDiscovery tool to allow its teams to gain rapid insight into documents in large and complex litigation, arbitration cases as well as compliance case preparation.
Mr. Nenad Popović, Senior Partner at the firm, comments: “Luminance’s AI is reshaping the future of Serbian legal services. Firstly, Luminance’s ability to understand the Serbian language is revolutionary for lawyers and is levelling the playing field for Serbian firms who have been unable to access legaltech tools due to their inflexibility with Serbian documentation. Further, being able to deploy a single, streamlined application for all our legal needs, from contract review to court preparation, will ensure that we can offer the highest quality legal services possible to our international client base.”
Luminance’s Head of Discovery, Orianne Auger, adds: “We are delighted to welcome JPM as our latest customer. Today, legal professionals spend weeks - sometimes years - looking for the needle in a haystack that may win their case or be pertinent to their review. Luminance enables lawyers to find that needle in week one, boosting their efficiency and allowing them to focus on the value-adding tasks that benefit their firm and client.”
Luminance is now used by over 300 law firms and organisations in 55 countries. As the only technology that can read and analyse documents in any language, JPM join other innovative CEE-based firms such as KPMG Hungary, Jalsovszky, ODI Law, Oppenheim and Jadek & Pensa in their adoption of Luminance.
About Luminance
Luminance is the leading artificial intelligence platform for the legal profession, with over 300 customers in more than 50 countries. Luminance’s machine learning technology reads and forms an understanding of documents, helping lawyers to perform the most thorough and rapid document reviews across practice areas including due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. Luminance has offices in London, Cambridge, New York and Singapore.
About JPM Janković Popović Mitić
The oldest commercial law firm in Serbia, JPM has been helping local and international businesses grow in Serbia and throughout the SEE region for 30 years. Rated as a top-tier law firm by all the leading legal directories (Chambers & Partners, Legal 500, and IFLR1000), JPM provide clients with full-service coverage and pride ourselves on truly understanding their sector and their business needs.