A conversation with the Slaughter and May Knowledge and Innovation team
How is your firm currently using AI?
The main AI tool we’re currently using is Luminance. The solution was originally created to help with contract reviews, particularly in relation to due diligence exercises during mergers and acquisitions (M&A). But, because Luminance has a host of additional functionalities – and because you can train it– we’re now using it in lots of different ways around Slaughter and May, including within the firm’s support functions to optimize a variety of business processes.
Besides Luminance, we’re also using other AI solutions on a more experimental basis, including as part of know-how projects and market analysis. The use of predictive analytics in litigation – effectively predicting a dispute’s outcome - is a technology that is at a very early stage of development, but it’s something we’re exploring. [read more]
A conversation with Slaughter and May