Another win for Luminance, this time leading independent Australian law firm McCullough Robertson, which has deployed Luminance’s machine learning technology for due diligence in corporate M&A transactions. Luminance – which, because of its plug and play technology can be used on a transactional basis and in addition to other similar technology – has also worked with top Australian firms such as Gilbert + Tobin and Corrs Chambers Westgarth.
“Our adoption of Luminance helps us deliver solutions that break with industry norms and unlock new opportunities and value for our clients.” said Kim Trajer (pictured), chief operating officer at McCullough Robertson, which is headquartered in Brisbane.
Luminance has completed over 200 transactions and has customers in 16 countries since launching in 2016, including Gilbert + Tobin, Corrs Chambers Westgarth, Chapman Tripp and Rajah & Tann.
In light of its successes in APAC, McCullough Robertson was keen to implement Luminance as soon as possible and in a statement out today (15 February) said: “McCullough Robertson aims to maintain their position as a dominant force in the region’s legal market – particularly in capital markets, corporate M&A and commercial dealings – and recognises machine learning technology is becoming necessary for firms to remain competitive.”
“We see the insight and efficiency gains that Luminance delivers,” said Ron Dutta, director of information technology at McCullough Robertson. “We’re excited to adopt Luminance and manage document reviews with a truly global view of the data room.”
“McCullough has a reputation for providing first-class advice on the Australian market” said Emily Foges, Luminance’s CEO. “Luminance efficiently guides the lawyer’s review and presents key information in an intuitive way, meaning more time to articulate advice for the client and analyse risk.”