WellData, a leading UK-based IT support provider, has implemented Luminance's next-generation AI to transform contract negotiation and centralise institutional knowledge.

The WellData team faced challenges managing the high volume of incoming contracts that demanded quick turnaround times. This labour-intensive task fell largely on the shoulders of their Managing Director, detracting from his ability to focus on strategic, high-value initiatives. In response, they sought a technology that would empower the entire team with AI and consolidate company playbooks.

WellData now employs Luminance’s suite of AI-powered negotiation tools to expedite the contract review process. For instance, Luminance’s ‘Traffic Light Analysis’ feature acts as a legal ‘spellchecker’, automatically flagging risky or non-standard clauses in any incoming contract, including Service Agreements and Engagement Letters. With Ask Lumi, Luminance’s first-of-its-kind chatbot, WellData’s team can ask any contract query and receive instant, legally-accurate answers, and can even re-draft contentious clauses in a click. Now, with Luminance taking the first pass review of third-party agreements, the team anticipates a 50% reduction in the time spent on contract reviews.

WellData will also be using Luminance as a live playbook during contract review. Prior to using Luminance, company knowledge was siloed and inaccessible to the wider legal team. Now, WellData’s essential legal and enterprise knowledge is centralised within Luminance’s AI-powered repository, ensuring the team can rapidly get up to speed with company standards to better inform future decision-making.

Phil Clayton, Owner and Managing Director of WellData, said: "We were impressed with Luminance from the first demonstration. It was clear to our entire team that Luminance’s AI will have a real impact on the way we do business. Our legal team now has more time to focus on strategic work and can spend less time reviewing standard contracts. I’m excited to see how our partnership with Luminance will allow us to continue to grow our business.”

Eleanor Lightbody, CEO of Luminance, commented: “Luminance is a critical tool for growing businesses and the legal teams that sit at the heart of them. It’s great to see how the innovative team at WellData is creating new opportunities for expansion and leading the charge on AI adoption.”

ENDS

About WellData

WellData was created to address the shortage of skilled DBAs during the Y2K transition. WellData’s original objective was to solve this resourcing difficulty by deploying the available DBAs in an efficient and cost-effective manner. We have continued to do this, while substantially expanding the reach and breadth of those services. Since WellData’s inception we have evolved into a data centric company covering all popular database technologies and their underlying server platforms.

About Luminance

Built on a proprietary legal Large Language Model (LLM), Luminance’s specialised legal co-pilot brings next-generation AI to every touchpoint a business has with its documents, from contract generation to negotiation and post-execution analysis. Developed by world-leading AI experts, validated by leading lawyers, and in use by over 700 customers in 70 countries, Luminance is the pioneer in Legal-Grade™ AI: wherever computer meets contract.