The AI Revolution: Transforming the

Legal Landscape

Graham Sills,

Co-Founder and Director of AI

• Domain-specific AI developed by experts from the University of Cambridge
• Founded 10 years ago as an M&A due diligence tool to assist lawyers under huge time pressure with unprecedented quantities of data
• Core technology built around document distillation - allowed us to upgrade the power of our AI with every industry breakthrough
• Exposed to 150m+ verified legal documents, validated by leading lawyers and purpose-built for legal rigour
• Based in Cambridge – UK’s brightest minds and great tech companies

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World-Leading, Specialist, Trusted AI

Reshaping the Economics of the Legal Industry

Like many technological innovations throughout history, AI is reducing the cost of expensive products and services – including legal advice

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AI advancement will change commercial models applied in the legal industry

Routine tasks

High-value strategic work

Billable

hour system

Outcome-based pay structure

Greater accessibility to legal advice for all

• People are already part-AI – we use it to extend our memory and processing power
• AI doesn’t replace us - it enhances human intelligence and capabilities
• AI can become our personal doctor, trainer, teacher, lawyer … the possibilities are endless
• Companies are linking information and memory to AI “brains” to immortalise institutional knowledge and working practices
• Business automation will see rapid AI growth – Law has one of the highest value-to-token ratios

AI is not replacing us … AI is transforming us

The Future for AI Engineers

• AI can now create algorithms and solve coding puzzles – the tasks software engineers are traditionally trained for and tested on

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• This advancement is producing a shift in professional value systems, with greater value placed on real human traits driving innovation

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• At Luminance, we have already seen a shift in the skills we look for when hiring people to build AI agents

Creativity

Resilience

Determination

Curiosity

Capacity to inspire

• AI automates manual work much like a factory – now 1 lawyer can do the routine work of 50

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• Automation will not replace legal work, but significantly change it

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• We cannot know what future jobs will look like, but lawyers will be pivotal in solving the challenges arising from new technology

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• AI raises issues of surveillance, control, inequality, bias

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• We will need our brightest minds trained in law, philosophy, and ethics to apply their enhanced skills to solve these challenges and encode solutions into AI

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The Future for Lawyers

Q&A