Dubai, United Arab Emirates (12/02/2018)
CRESCO Legal is proud to announce, that it has closed an agreement with the UK based firm Luminance Technologies Ltd. for the use of their artificial intelligence powered software Luminance (www.luminance.com). This makes CRESCO Legal the first law firm in the Middle East to embrace such a new technology to the benefit of its clients.
Luminance is the leading artificial intelligence platform for the legal profession. The revolutionary technology is founded on the latest breakthroughs in pattern recognition and machine intelligence.
Today, corporations are drowning in documents and it becomes increasingly difficult to
keep-up with tracking of deadlines, monitoring risks and claiming of warranties. Sophisticated machine learning systems, however, are incredibly good at digesting data
and this will help the team of CRESCO Legal to provide an accurate and efficient support
when dealing with high amounts of contracts.
The MD of CRESCO Holding, Mr. Michael Waechter has given the following statement: “By partnering with the leading providers of artificial intelligence solutions, CRESCO secures access to the most advanced and tested technologies available in the market. The advantages in form of speed, accuracy and costs will be used for the benefit of our clients
CRESCO Legal is pleased to have found such a reputed software provider for its first implementation of artificial intelligence in the business processes. New products and services will be developed to allow clients to profit from the implementation of this new technology.
Press Contact for (CRESCO Legal)
Contact: Constanza Fernandez Reyes
Title: Communications Consultant
Phone: +971 4 406 9600
About (CRESCO Legal)
CRESCO Legal is an international law firm with offices in the Middle East, Asia, Europe, Latin America (LATAM) and North America. With a stronghold in Asia, the law firms cover one of the most dynamic economic markets for the years to come.
CRESCO Legal offers legal support in all major fields of law, not only including the traditional fields like trade, corporate or commercial but also insolvency law, trade mark registration and arbitration. Mr. Willem Smit, the MD of CRESCO Legal puts it like this: “We witness an increasing specialisation to accommodate for the divergent needs in the different sectors and industries, which speaks in favour of CRESCO Legal with its global local approach: The combination of global expertise with local experience.. CRESCO Legal is a truly global local firm.”
CRESCO Legal Consultancy FZ LLC
Gold & Diamond Park, Office 4-215, Al Quoz
PO Box 102755, Dubai, UAE
T: +971 4 406 9660
F: +971 4 341 6877