Case Study: Slaughter and May achieves rapid, comprehensive M&A due diligence with Luminance

Slaughter and May - Customer Case Study

Slaughter and May, facing the usual pressures of M&A due diligence — huge volumes of documents, tight deadlines and the risk of missing deal‑critical clauses when relying on manual sampling — turned to Luminance. They used Luminance’s AI-driven diligence platform to gain a rapid, comprehensive view of large datasets and to surface anomalies and key provisions without pre-programming search terms.

Luminance’s combination of supervised and unsupervised machine learning, clause tagging, collaboration tools and reporting enabled Slaughter and May to prioritise and allocate work, analyse thousands of documents (example scenario: ~7,000) and generate red‑flag reports on day one. Using Luminance, the firm achieved dramatic efficiency gains — allocation time savings up to 95%, throughput improving from 79 to 3,600 contracts per hour (a 97% time saving) and the ability to identify critical clauses within hours (around a 70% time saving).

Slaughter and May

Steve Cooke

Senior Partner