In-House Legal Solutions partners with Legal grade AI technology

Read below the article ‘In-House Legal Solutions partners with Legal grade AI technology’ featured in the March issue of Liverpool Law society magazine:

In-House Legal Solutions (IHLS) has announced a new partnership with Luminance, a leading AI-powered legal technology platform.  

 

The firm, a leading provider of legal solutions to business and in-house legal teams, is utilising the system to provide support to their teams in the areas of contract drafting and review, reporting and diligence projects.  A market leader in its field, Luminance has its own proprietary large language model (LLM) which has been specifically trained on over 150 million legal documents, making it one of the most advanced legal LLMs in the market today.

The system is being integrated across all work streams of the firm, allowing lawyers access to Luminance’s chat bot function which can speed up reviews of large documents by providing instant answers to questions.  Together with its ability to provide a first pass automated mark up of certain documents based on parameters set by the firm, IHLS believes the system will increase the accuracy of its document reviews, and bring efficiencies across a number of work streams, allowing the firm to respond faster to deadlines and deliver cost savings in certain areas to clients.

With the firm’s roster of clients seeking outsourced legal support alongside their exiting legal teams constantly growing, IHLS’s use of the tool allows clients who may not have the budget or resources to onboard legal AI themselves access to the efficiencies that the system brings.

Rahel Goni, Head of operations who played a key role in implementing the partnership, commented: “Luminance not only allows our lawyers to provide a more efficient service to clients but also allows our lawyers to get comfortable with using legal AI technology in their daily tasks, which is key for development.”

“The system is improving every day and our teams are constantly finding new ways of integrating the AI into their work allowing them to be more productive and to give our clients great service.”

Brian Noon, co-founder of In-House Legal Solutions said “We are always on the look-out for ways to adopt technology which can further improve our offering to clients.  Along with other technology tools we have developed in-house, AI is a great asset and allows us to do things for our clients that they would struggle to achieve without significant time and cost, for example compliance reviews encompassing large volumes of documents.  It is a very important string to our bow which takes us further on our journey of being the most trusted, reliable and value for money provider of solutions for in-house legal teams.”

Find the entire March issue here: Liverpool Law Magazine | Liverpool Law Society

Article written by Brian Noon and Kate Mansfield.

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