Legal AI Co. Luminance Now Targets Reg Review, Brexit GDPR Artificial Lawyer

Legal AI doc review company, Luminance, is branching out into the regulatory world in order to expand its offering by covering areas such as Brexit impact on contracts and GDPR compliance. The move follows a recent expansion into real estate documentation review, showing the company's initial strategy of focusing only on M&A due diligence is well and truly over, with a mission now to capture a greater share of the NLP-driven doc review market across different practice areas. In other news, the firm has also bagged top New Zealand law firm, Russell McVeagh, as its client base widens to 75 around the world, and operating in 23 countries, which is not bad considering the company only launched in September 2016. Luminance already works with Chapman Tripp, New Zealand's largest full-service commercial law firm. How much each of these firms uses their Luminance review system is currently unknown, but if market feedback is accurate then not all customers are making maximum use of the AI system they have signed up to – at least not yet.