Luminance today announced that Beck & Pollitzer, the world’s leading provider of complex engineering solutions, has adopted Luminance’s award-winning AI to enhance contract and knowledge management processes across its global legal team.

With over 1,000 employees operating across 30 offices worldwide, Beck & Pollitzer needed a next-generation AI tool that would centralise essential legal knowledge and streamline the negotiation of high-volume, routine contracts across the organisation. Beck & Pollitzer’s in-house legal team chose Luminance for its revolutionary Traffic Light Analysis technology, which is able to take a first pass review of any incoming contract. Luminance’s AI visually highlights which clauses are acceptable and those needing further review or negotiation, allowing Beck & Pollitzer to rapidly zero-in on areas of contracts that require their attention.

Furthermore, with its wide global presence, Beck & Pollitzer can upload jurisdiction-specific internal precedents to Luminance, ensuring that the legal team maintains compliance with regulatory requirements across borders and market segments. Luminance offers alternative wording suggestions where terms do not meet these internal precedents, with supervised machine learning further allowing the AI to update its knowledge and adapt to organisational standards as they change.

Wojciech Cofur, Group Legal Counsel at Beck & Pollitzer noted: “Luminance will be transformational for our legal team, allowing us to mitigate risk across different jurisdictions and branches of the business during the negotiation process. Having the ability to refer to precedents from previous negotiations will be incredibly important for us in helping to work more efficiently.”

Eleanor Lightbody, CEO of Luminance commented: “More than ever, businesses with a large global presence need advanced tech solutions which allow them to connect all arms of the organisation with their legal department and centralise institutional knowledge. Luminance’s AI will allow Beck & Pollitzer’s legal team to efficiently negotiate contracts across their offices, all whilst maintaining compliance with internal standards and external regulations.”

ENDS

About Beck & Pollitzer

Beck & Pollitzer is an international leader in providing engineering solutions including machine moving and installation services to a vast range of industrial sectors. With over 30 offices and 1000+ employees worldwide, Beck & Pollitzer is able to operate across all geographic markets. This is backed up by 160 years of experience, completing thousands of installation and relocation projects annually, and tens of thousands of satisfied customers worldwide.

About Luminance

Luminance is the world’s most advanced AI technology for the legal processing of contracts and documents. Founded by mathematicians from the University of Cambridge, Luminance’s AI reads and forms a conceptual understanding of documents in any language. Luminance uses this understanding to augment the spectrum of legal matters, from AI-powered contract drafting, negotiation and review to investigations and eDiscovery. Luminance is trusted by over 500 customers in 60 countries, including all of the Big Four consultancy firms, a quarter of the world’s largest law firms and multinational organisations.