VdA first adopted Luminance’s ‘Diligence’ platform to support their corporate work over two years ago. Since then, the firm has used the machine learning technology to transform a variety of legal use cases including M&A due diligence, real estate and data protection compliance. Now, VdA’s Competition and Litigation teams are using Luminance’s Discovery tool to expedite competition and litigation work, with the technology enabling the firm to rapidly analyse vast volumes of data in order to quickly and rigorously get to the heart of the matter.
Luminance is the only technology on the market to combine both supervised and unsupervised machine learning to actively read and form an understanding of legal data. This flexible machine learning approach underpins both the Discovery, which saw a 70% uptake in adoption in 2020,and Diligence platform and ensures that, even with no machine training or configuration, Luminance is able to surface key information such as datapoints, document types, patterns and anomalies, becoming increasingly sophisticated with continuing use. VdA are currently using Luminance Discovery to vastly expedite several ongoing competition law investigations with thousands of documents, which the firm estimate would take many months to review using manual methods.
Nuno Carrolo dos Santos, Managing Associate at VdA, comments: “We have been successfully using Luminance’s AI-powered Diligence platform in VdA for over two years. We have now recently adopted the Luminance Discovery platform, which we are currently using with high expectations in several projects. Using Luminance Discovery, team members can work collaboratively and securely access, analyse, filter, find relationships, comment and classify very large sets of documents. By allowing our lawyers to perform a variety of legal reviews using this technology, we are able to save significant time and resource and deliver a better, more high-quality work product to our clients.”
Luminance’s Head of Sales, Jaeger Glucina, adds, “In a fast-moving and competitive legal landscape, lawyers need to be able to respond quickly and decisively to their clients’ demands. Adopting multiple technologies that are limited to solving only specific legal problems is an outdated approach- Luminance provides an end-to-end solution for lawyers, enabling them to get to the crux of the deal or the investigation with unmatched speed and insight.”
Luminance is used by over 300 law firms and organisations worldwide including all of the ‘Big Four’ accounting firms and over one-fifth of the ‘Global Top 100’ law firms.
About Luminance
Luminance is the leading artificial intelligence platform for the legal profession. Founded by mathematicians from the University of Cambridge, Luminance has developed the Legal Inference Transformation Engine (LITE), the first true application of machine learning to the legal industry, combining pattern-recognition technology with supervised and unsupervised machine learning to read and understand human language. Luminance is used by law firms and in-house teams in over 50 countries around the world to improve processes such as due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. The company has offices in London, Cambridge, New York and Singapore.
About Vieira de Almeida
Vieira de Almeida is a leading independent law firm with more than 40 years’ experience in the provision of international legal services. Recognised for cutting-edge innovation and for delivering excellence, VdA occupies a prominent position in the top international directories, consistently receiving the industry’s most prestigious accolades and nominations. A profound market knowledge and a highly specialised legal practice, enables VdA to promptly meet the challenges faced by its clients, offering robust and innovative solutions based on strict and uniform standards of quality, ethics and professionalism. For more information about VdA, please feel invited to visit our firm's website at www.vda.pt where you may find additional information on the Firm and its approach to working with clients, team members and also regarding our International Platform - VdA Legal Partners.