New ‘agent’ not so secret as Luminance tech sidelines human oversight
The company, which last month won the inaugural AI Innovation category of the Business Weekly Awards, says the new technology delivers increased automation to the enterprise.
Founded by mathematicians from Cambridge University, Luminance brings AI to every touchpoint a business has with its contracts. In 2023, Luminance harnessed agentic AI and chain of thought systems to answer questions about a company’s documents.
Now, Agent Lumi brings all this together with active agents to automate everyday legal tasks on top of its proprietary LLM, which has been exposed to over 150 million verified legal documents. This takes the company’s Legal-Grade™ brain, ‘Lumi’, one step further: from thought to action.
In practice, this means business users can provide instructions or make requests about their contracts in any language and Agent Lumi will take the action required to complete the task.
For example, sales representatives can ask to “mark-up this incoming NDA and trigger any approvals required” and Agent Lumi will automatically work to bring the contract into line with company standards, seek approvals, provide a summary to the user and generate a new version ready for the counterparty to review.
The user can also see and refine each step of the thought process. Alternatively, commercial or finance teams can ask for regular reporting on customers with upcoming termination dates, and Agent Lumi will automatically generate a report.
The AI not only completes these tasks in seconds but also has both short-term and long-term memory – enabling it to retain and recall information, learning from past interactions with individual users to tailor its actions and responses over time.
With this memory and chain of thought enabling better logic, calculation, and decision-making, Agent Lumi can proactively flag information to optimise business efficiency.
For instance, if business users are consistently negotiating and amending the same term in a contract, Agent Lumi can automatically notify the legal team of this inefficiency and proactively update company standards and templates to ensure smoother negotiations moving forward.
Eleanor Lightbody, CEO of Luminance, says: “As we approach full automation, the quality of data and domain expertise of the underlying LLM becomes ever more critical.
“Having spent close to 10 years solving this problem and developing our Legal-Grade™ LLM to become the trusted, go-to platform for some of the world’s largest organisations, Agent Lumi marks a new paradigm in the advancement of our AI.
“By delegating everyday legal tasks to Agent Lumi, business teams will be able to maximise productivity, negotiate faster, accelerate deal cycles and ultimately drive business growth.”
Dr. Graham Sills, Co-Founder and Director of AI at Luminance, added: “Automation of tasks is only helpful when it is built on the foundations of reliable thought processes that the lawyer can review and critique.
“Luminance's legal brain is now more powerful than ever, with a specialised underlying LLM that operates in parallel to a series of legal AI tools. Active agentic callouts allow businesses to benefit from an informed and thorough assistant – standing on the foundations of the rigorous checks and guardrails expected from our Legal-Grade™ AI.”
Validated by leading lawyers and trusted by over 700 customers in 70 countries – including AMD, National Grid, LG Chem, AB InBev and DHL –Luminance is trailblazer pioneer in Legal-Grade™ AI – ‘wherever computer meets contract,” as the company puts it.