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over 30%

“reduced the time spent on reviews by over 30% per contract”

As published on luminance.com. Captured by usedby on Oct 7, 2026.

What happened

LG Chem's legal team uses Luminance to run a first-pass review of incoming contracts such as NDAs, flagging risk areas and drafting clauses within Microsoft Word. They also use the Ask Lumi chatbot to summarize longer contracts, in English and Korean.

Summary written by usedby from the source page, in English. The figures are those of Luminance and LG Chem, not ours.

Luminance takes a first pass review of any incoming contract, automatically flagging areas of risk that require the team’s attention. By using Luminance across their contract reviews, LG Chem has reduced the time spent on reviews by over 30% per contract.

From the page. luminance.com, captured Oct 7, 2026

What the story claims, and what we checked

We compared the story with its live page on Oct 7, 2026.

  • The figure: over 30%CheckedPrinted word for word on the page, near the name of LG Chem.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of LG Chem.
  • LG Chem uses LuminanceCheckedConfirmed line. Latest check across sources: Oct 7, 2026.
  • The result itselfNot checkedWe quote it; we did not measure it.

Same company, same tool or same industry.

90%“90% time savings on contract-related business inquiries”Buro Happold uses Luminance. Another customer of Luminance24 hours“Clyde & Co deployed Luminance’s platform within 24 hours”Clyde & Co uses Luminance. Another customer of Luminance500+ hours“500+ hours saved on contract drafting per year”Hitachi uses Luminance. Another customer of Luminance