Artificial intelligence technology will help national firm Allens with its M&A and real estate contract review processes.
The firm has adopted the AI solution offered by Luminance and Mark Malinas, corporate partner and co-head of private equity at Allens says it fits with the firm’s commitment to innovation and frees lawyers for less mundane tasks.
“The platform provides an instant insight into the entire data room, classifying documents, highlighting anomalies and focusing our lawyers’ attention on the areas that matter and the tasks that our clients value,” he said.
Luminance was recently adopted by McCullough Robertson and is also in use at Gilbert+Tobin and Corrs Chambers Westgarth. It is used by over 75 firms across 23 countries.
Emily Foges, Luminance CEO says that adding another Australian law firm continues the firm’s momentum in the Asia Pacific region.
“Allens is truly embracing innovative legal technologies that enhance the process of due diligence, and the firm’s adoption of Luminance is testament to the power of the sophisticated machine learning technology at its core,” she said.
Twenty-one lawyers have been promoted to counsel across the global footprint of Herbert Smith Freehills.
Among them is Melbourne-based international disputes lawyer Chad Catterwell and finance lawyer Amelia Fleming, who both become executive counsel.
There are also promotions for Sheena Loi in Hong Kong who becomes senior consultant; and disputes lawyers Natalie Curtis FSR in Singapore and Gitta Satryani in Jakarta/Singapore, who both become Of Counsel.
All promotions are effective 1st May 2018.
A three-lawyer team has moved from Jones Day to Hogan Lovells in Los Angeles.
Bankruptcy lawyers Richard Wynne, Bennett Spiegel, and Erin Brady have joined the firm’s Business Restructuring and Insolvency (BRI) practice as partners; Wynne becomes co-head of the firm’s US BRI practice.
Wynne is currently representing Mattel as the largest creditor and Creditors Committee Co-Chair in the Toys R Us Chapter 11 case