Australasia News
Top-tier Thai firm Weerawong, Chinnavat & Partners has become the first law firm in Thailand to deploy Luminance’s cutting-edge machine learning technology to improve the efficiency of their contract review.
This follows the opening of Luminance’s office in Singapore and shows the growing demand for the technology in the APAC region.
Weerawong C&P is one of Thailand’s largest independent firms, with a team of 15 partners and more than 85 lawyers. Chinnavat Chinsangaram, Senior Partner at Weerawong C&P said, “We are a firm that embraces innovation and we achieve results for our clients by implementing strategies that have not been previously approached. Luminance allows us to transform our due diligence processes to create a more efficient system and deliver an even better service to our clients.”
The firm is experienced in structuring and handling complex multi-jurisdictional transactions for both Thai and international clients and was particularly impressed with Luminance as the only truly language-agnostic technology in the market. “Luminance recognises the patterns in any language and does not need to be trained, which is essential in the multi-lingual data rooms we normally deal with.” said Chinnavat Chinsangaram.
Formerly the Bangkok office of White & Case LLP, Weerawong C&P became an independent Thai law firm in 2009. The firm is consistently recognised in the top tiers of The Legal 500, Chambers & Partners, IFLR1000 and ASIAN-MENA Counsel. The firm also received the distinction of National Firm of the Year in 2017 at the IFLR Asia Awards and Asian Legal Business Awards.
Emily Foges, CEO of Luminance, said “We’re excited to be working with pioneering firms like Weerawong C&P. Deploying Luminance in Thailand is further evidence in how it can help the global market. Their decision to deploy Luminance quickly shows the benefit they see the technology bringing to the firm and their clients, which includes many of the world’s largest and most influential corporations and financial institutions”.
Luminance is a new class of artificial intelligence technology that is transforming the approach to legal contract review. Founded as a result of close collaboration between University of Cambridge mathematicians and legal experts, Luminance harnesses breakthroughs in machine learning and probabilistic mathematics to vastly improve the efficiency and effectiveness of contract review processes including due diligence.
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