Slaughter and May adopted Luminance AI, which uses NLP and contract automation to extract key clauses and terms from contracts, accelerating due diligence processes in mergers and acquisitions by improving risk assessment and compliance checks.
- 75% reduction in due diligence time
- Accelerated M&A deal closings
- Enhanced risk assessment and compliance
Manual contract review was slow and resource-intensive
Implemented Luminance AI for automated contract analysis and clause extraction
- Faster transaction timelines
- Improved risk management
- Higher compliance standards