Luminance launches an AI platform with institutional memory, helping legal teams cut contract work, preserve context, and reclaim up to 30% of their time.
Luminance has introduced the most significant update in its decade-long history: a redesigned Legal-Grade AI platform built to retain negotiation history and legal decision-making across enterprise contracts. The launch addresses a persistent problem in corporate legal systems—capturing contract outcomes while losing the reasoning and context behind them.
The company says the new platform effectively eliminates what it calls “enterprise amnesia,” enabling organizations to preserve institutional knowledge and streamline contract management. According to Luminance, the upgrade can help legal teams recover more than 30% of their time.
The release follows a period of rapid growth for the company. Luminance reported 127% year-over-year revenue growth in North America in 2025 and achieved global revenue doubling for the second consecutive year. Over the past 12 months, its AI analyzed more than 18 million contracts, bringing the total number of documents processed to over 220 million.
Working with design partners including Deloitte, Quantinuum, Ingram Micro, and Baringa, Luminance has built a system that connects negotiation context, workflows, and contract analysis across entire enterprise portfolios.
“Enterprise amnesia is real—and it’s costly,” said Eleanor Lightbody, CEO of Luminance. “When contracts come up for renegotiation, executives often ask: Who agreed to this, and why? Current AI systems help in the moment but fail to retain long-term context. Our new platform remembers, reasons, and stays with the work in perpetuity, which sets it apart from anything else on the market.”
Lightbody added that institutional memory transforms legal AI “from a legal tool into the central brain for the entire enterprise.”
Harry Borovick, General Counsel at Luminance, said the company’s technology has already delivered major efficiency gains. “For a decade, Luminance has cut contract negotiation time by 70 to 80%. With this relaunch, that figure rises to 90%. More importantly, by preserving institutional knowledge, legal teams can now reclaim over 30% of their time.”
The company’s expansion has been equally brisk. In 2025, Luminance secured its first eight-figure enterprise deal and grew headcount by more than 40% across the United Kingdom, Europe, Australia, and the United States.
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A New Approach to Legal AI
At the core of the update is a next-generation AI architecture designed to treat contracts as part of a continuous, interconnected system rather than isolated documents.
Key features include:
- Negotiation AI: Analyzes entire agreements in real time, aligning terms with organizational standards and referencing prior negotiations.
- Workflow Orchestration: AI agents track contract status, trigger next steps, and notify the right stakeholders with relevant context.
- Contract Intelligence: Enables users to query complete contracts, amendments, and obligations—even asking questions they did not anticipate.
- Ask Lumi: A conversational AI assistant that delivers cited, verifiable answers from initial review through portfolio-wide analysis.
The need for institutional knowledge retention is acute. When experienced employees leave, undocumented insights often disappear with them, leading to inefficiencies and delays. Deloitte research indicates that 60% of employees believe AI can help transfer skills and expertise across organizations.
Endorsements From Early Partners
Design partners say the platform is already reshaping how legal teams work.
“There have been tremendous strides in AI over the past year,” said Peter Lang, Technology Director at Deloitte Legal Australia. “Luminance’s new capabilities, including Lumi, allow professionals to analyze and draft contracts using natural language right where the work happens. It’s an exciting development that is rapidly changing legal workflows.”
Claire Eldridge, Director of Legal and Compliance Operations at Quantinuum, echoed that sentiment. “Using natural language to surface contract data has revolutionized how we operate. We no longer rely on manual processes or multiple tools—the answers are available instantly and in the right format.”
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Under the Hood
The platform is powered by a multi-agent AI architecture. Specialized agents operate across every stage of the contract lifecycle, drawing on both short-term reasoning and long-term embedded knowledge such as negotiation history and portfolio-wide precedent.
Luminance says the system is designed to minimize AI hallucinations by grounding every response in verifiable source material with visible citations.
The technology rests on three pillars: Recursive Legal Contextual Understanding, which analyzes contracts holistically; a “Panel of Judges” approach that blends foundational and proprietary AI models; and a decade’s worth of proprietary legal data derived from real-world usage.
