Luminance, the leading artificial intelligence platform for the legal profession, has received a Queen’s Award for Enterprise in the Innovation category. This highly prestigious accolade was awarded to Luminance in recognition of its revolutionary machine learning technology.
Established in 1965, the Queen’s Award for Enterprise is the highest official UK accolade for British businesses and a small number of organisations receive the award for Innovation. Luminance’s pioneering approach to reading and understanding legal documents and consequent commercial success will be celebrated at a reception held by Her Majesty The Queen at Buckingham Palace in June.
“We are honoured to receive the esteemed Queen’s Award for Enterprise”, said Emily Foges, CEO of Luminance. “In this era of unmanageable enterprise data, adopting legal technology is no longer optional, and we are delighted to be providing lawyers with a next-generation solution to their daily needs. This award is the ultimate recognition of the innovation at the heart of Luminance and the incredible people who have brought a clever piece of technology from Cambridge to commercial success.”
James Loxam, Chief Technology Officer of Luminance, added: “Over the past two years, Luminance has delivered world-class, machine learning technology to law firms and in-house counsel across 40 countries and six continents. This award is validation of our solution and we are excited to continue developing the platform for the benefit of thousands of lawyers and their clients.”
Developed using the latest advances in machine learning and pattern recognition techniques from the University of Cambridge, Luminance has quickly become the market leader in the legal technology market. The company’s 150 customers include 15 of The Global 100 law firms, such as Slaughter and May, Bird & Bird and Eversheds Sutherland.