The legal AI company’s Australia general manager explains the LexisNexis partnership’s impact on ANZ
Last month, legal AI company Luminance announced that it was teaming up with LexisNexis to leverage the latter’s technology within its platform. Through the partnership, in-house legal teams can access LexisNexis’ legal database and insights within Luminance’s Lumi Legal-Grade AI natural language assistant.
“Our platform is already trained on over 220 million verified legal documents. Now, on top of this commercial intelligence, we’re enabling mutual customers to access LexisNexis Protégé, which is grounded in the world's most comprehensive library of case law, statutes, and precedent”, said Luminance CEO Eleanor Lightbody.
This library includes US case law; according to Luminance’s Australia general manager Clementine Fox, this is a significant reason why the partnership creates value for customers in Australia and New Zealand.
“Australia and New Zealand businesses are deeply connected to the US market, whether they are contracting with US vendors, expanding operations there, or managing regional agreements for multinational parent companies. In Australia alone, more than 12,000 companies export to the US, employing 150,000 people there”, Fox told Australasian Lawyer. “For these organisations, understanding US law is central to getting cross-border contracts right”.
With the LexisNexis/Luminance alliance, US legal research “no longer sits outside the contracting process. It is built into the workflow, exactly where legal teams need it”, Fox said.
“That is why Luminance’s alliance with LexisNexis is so significant for the ANZ region. Luminance is the only platform running AI agents across the entire contract lifecycle, combining 220 million commercial contracts with LexisNexis’s 200 billion legal documents, including comprehensive US case law, in a single workflow”, Fox told Australasian Lawyer.
Luminance’s Legal-Grade AI platform was developed by AI experts from the University of Cambridge.
