Jaeger Glucina is the managing director and chief of staff at Luminance, a UK company founded in 2015. ""Legal professionals are obviously very highly trained people,"" says. ""But the reality is, they are spending a huge portion of their time reviewing [contracts]. It can take up to an hour for someone to review a non-disclosure agreement. Legal professionals often spend significant time reviewing contracts, and Autopilot aims to streamline this process. During a demo, Autopilot quickly reviews a non-disclosure agreement, suggests changes, and negotiates terms with another AI representing the counterparty. The AI identifies problematic clauses, proposes amendments, and finalizes an acceptable contract. Human intervention is only required for the final signature. Luminance aims to enhance efficiency and reduce the manual workload in legal contract negotiations using AI technology.
Jaeger Glucina is the managing director and chief of staff at Luminance, a UK company founded in 2015. ""Legal professionals are obviously very highly trained people,"" says. ""But the reality is, they are spending a huge portion of their time reviewing [contracts]. It can take up to an hour for someone to review a non-disclosure agreement. Legal professionals often spend significant time reviewing contracts, and Autopilot aims to streamline this process. During a demo, Autopilot quickly reviews a non-disclosure agreement, suggests changes, and negotiates terms with another AI representing the counterparty. The AI identifies problematic clauses, proposes amendments, and finalizes an acceptable contract. Human intervention is only required for the final signature. Luminance aims to enhance efficiency and reduce the manual workload in legal contract negotiations using AI technology.