Maddocks has adopted an artificial intelligence (AI) platform to assist in streamlining due diligence processes

The firm has signed on to use the market-leading Luminance AI platform to provide due diligence review support on corporate transactions. Maddocks partner Ron Smooker, whose team participated in a detailed trial of the platform, said the platform provided significant improvement in the speed and accuracy of the due diligence process. ‘We have been looking for an AI tool to help to continue to streamline our due diligence processes and Luminance provided the solution we were looking for,’ Ron said. ‘The platform provides our lawyers with an instant insight into the data room, allowing us to structure our review and deliver […]