LexisNexis and AI-powered contract platform Luminance have formed a strategic alliance that will enable users to draft and review contracts against relevant laws in real time.
The partnership brings together Luminance’s AI contract drafting and analysis tools with LexisNexis Protégé, an AI-driven workflow assistant, enabling mutual customers to directly draw on existing case law and precedents during the contract drafting process.
Harry Borovick, general counsel at Luminance, told GLP: “In-house legal teams operate under quick time pressure, they’re not getting paid for the billable hour. If you want to look up whether something is legal whilst you’re contractually drafting, you don’t want to go out into a different platform, so being able to stay in the same platform and move seamlessly with inline citations in the same plug-in is hugely synergistic for our clients.”
Borovick says the tie-up is not just about saving time for in-house teams; because it will combine LexisNexis’s citation-backed legal content with Luminance’s contract expertise and make it visible in the same document, it will help contextualise the drafting process and reduce risk.
“It’s more than just speed, we genuinely believe this increases accuracy and performance as well,” he said.
Borovick added that the partnership will also extend Luminance’s potential reach among LexisNexis customers who might be considering investing in an AI-driven contracting tool.
He said: “This is a great deal for Luminance… if you’re already a large enterprise customer of LexisNexis, and you’re looking at what platform you are going to use from a legal negotiation perspective, the one that most synergistically integrates is going to be the answer.”
Luminance says its platform is already used by more than 1,000 of the world’s largest enterprises across 70 countries, while its AI is trained on more than 220 million legal contracts. LexisNexis says its Lexis+ with Protégé platform has access to a repository of 200 billion legal documents that are continuously updated.
The integrated LexisNexis and Luminance offering is currently in beta testing and is expected to be made more widely available in the second half of the year.
In a statement, Sean Fitzpatrick, CEO of LexisNexis’s global legal business, said: “Our priority is to deliver high-quality legal AI workflow solutions and support exceptional and efficient legal work where our customers work. We’re delighted to collaborate with Luminance to help mutual in-house legal customers benefit from trusted, citation-backed insights within Luminance with seamless access to Lexis+ with Protégé for deeper legal analysis and document drafting.”
The deal is the latest in a series of partnerships involving AI platforms and other legaltech businesses. In February, for example, LexisNexis struck a deal with Anthropic to integrate its AI chatbot Claude into its Lexis+ with Protégé platform.
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