Press

Alef Education Adopts Luminance to Streamline Legal Operations and Drive Growth

21 October 2024 |

Luminance today announced that Alef Education, the award-winning EdTech company has adopted its next-generation AI, a move that is set to transform Alef Education’s legal operations and drive ambitious growth strategies at the Abu Dhabi-based firm.

As Alef Education charts its long-term strategic course with one of its pillars focused on expansive growth, the team identified a crucial need to transform and streamline its legal review and due diligence processes. To support their legal team during this period of expansion, Alef Education chose Luminance’s AI for its ability to bring speed, accuracy, and proactive risk identification to the M&A due diligence process. With Luminance expediting legal processes, the team at Alef Education has been able to keep more work in-house and obtain considerable potential savings from external counsel fees.

Luminance’s AI-powered contract repository works by automatically extracting key information from any number of contracts in any language, providing instant insight into over 1,000 legal concepts such as contract terms, clauses or governing laws present. Alef Education lawyers can retrieve key information in minutes through Luminance’s intuitive dashboard. Additionally, Luminance automatically highlights areas of risk or business opportunity, for example, by flagging key periods within contracts, such as commencement and expiration dates. This gives Alef Education a competitive edge, helping the company to plan strategy carefully with the maximum time and knowledge advantage.

Manuel J. Fernandez Sanchez, Head of Legal Ops of Alef Education, said: "Adopting Luminance’s AI marks yet another pivotal milestone in our pursuit of operational excellence and strategic growth. By harnessing the power of AI, we are streamlining our department’s operations further, bettering risk management, and hopefully helping the business capitalise on growth opportunities. Luminance's innovative solution is set to transform our approach to legal document review and due diligence, empowering our legal team to drive value and support Alef Education’s journey to success.”

Eleanor Lightbody, CEO of Luminance, said: "We are thrilled to partner with Alef Education in their drive towards strategic expansion. Alef Education's adoption of AI technology underscores its commitment to innovation and excellence. Luminance's AI delivers tangible results, enabling Alef Education to navigate M&A due diligence complexities with precision and agility."

About Alef Education

Alef Education is a global leader in education technology at the forefront of using artificial intelligence and machine learning technologies to create personalised learning experiences that transform the way the world is educated.

Alef Education and its products, the Alef Platform, Alef Pathways, Abjadiyat, and Arabits, have a growing presence in key education markets worldwide, including the United Arab Emirates, the United States, Indonesia, and Morocco. The award-winning Alef Platform provides AI-powered learning and teaching solutions that use real-time data to drive improvements across the education system. Alef Pathways is a student-centred, self-paced supplemental math program. Abjadiyat is an Arabic language learning platform that provides engaging and interactive content from kindergarten to Grade 4. Arabits is a complete Arabic learning system for non-native speakers that helps students of all ages learn, practice, and improve their Arabic language skills using AI.

Alef Education supports approximately 7,000 schools, and over 1.1 million students use the Alef Platform.

For more information, visit www.alefeducation.com.

About Luminance

Built on a proprietary legal Large Language Model (LLM), Luminance’s specialized legal co-pilot uses next-generation AI to automate the generation, negotiation, and analysis of contracts. Developed by world-leading AI experts, validated by leading lawyers, and in use by over 600 customers in 70 countries, Luminance’s ‘legal-grade’ AI is a key component of any legal team.