"DraftWise helped me produce a better work product - it was like having 2 or 3 associates on my team that could double-check my work and give me ideas. Because I'm competing with big firms, with lots of people reviewing each contract, I need a tool like this to stay relevant." What should mid-sized and boutique law firms consider when it comes to AI? Our latest blog post covers what needs to be top of mind to thrive in the AI Era: 📌 https://bit.ly/3yagRdt 📌 #LegalAI #MidSizedFirms #LegalInnovation
DraftWise
Software Development
New York, New York 4,268 followers
Your firm's total intelligence in the hands of every lawyer.
About us
DraftWise helps firms produce higher quality contracts in less time by empowering every attorney with instant access to the firm’s collective knowledge. Our team combines world class engineering with big law to design a solution that puts the attorney in the drivers seat. For more information, or to schedule a demo please contact our team at contact@draftwise.com.
- Website
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http://www.draftwise.com
External link for DraftWise
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2020
- Specialties
- LegalTech, ContractDrafting, SaaS, and legal ai
Products
DraftWise
Document Creation Software
The DraftWise Word Add-in securely integrates with your firm's DMS, CRM, and deal databases to provide a unified picture of your firm’s cumulative knowledge directly inside Microsoft Word. We are SOC 2 Type 2 certified and strictly adhere to industry standards for highly sensitive data. Here's how DraftWise improves lawyer’s day-to-day: 👉Find the perfect starting precedent for a new deal 👉Understand how a position was negotiated in the past & find the perfect language to respond in any negotiation 👉Understand market for any given provision: see similar terms across your own firm's internal data, as well as public data available from EDGAR 👉Never miss an important term: mark-up any agreement with your client's preferred language 👉Review every document with your firm’s full history of knowledge: no need to trawl through the DMS or ask a colleague, "where have we seen this before" 👉Proof-read agreements in seconds: not only find drafting errors but also correct them in an instant
Locations
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Primary
New York, New York, US
Employees at DraftWise
Updates
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Collaborating with our customers is at the core of DraftWise's product & innovation! Hearing that our efforts to meet user feedback make an impact on those we work with is what drives our mission forward - thank you for being an invaluable partner through the Collaborate Program, Jane Stewart! #legaltech #LegalAI #LegalInnovation
DraftWise Chief Customer Officer, Will Seaton, shares how understanding customer needs served as the north star in creating Markup, our next generation of AI technology that is driving rapid adoption. 📌 Read more here: https://bit.ly/4eKIc6B 📌 "Since day one, our team has been focused on providing solutions to problems that lawyers experience in daily work, not just generalized technology solutions. Markup may be new to the market, but early feedback confirms that building with customer needs as a blueprint, and delivering the technology that intuitively integrates into existing flows of work, produces results" #legalAI #legaltech #GenAI
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Last month, the DraftWise GTM team came together for a week of collaboration, sharing learnings, and discussing what's next💡 Here are some highlights from an action-packed week of brainstorming and strategizing: ⚒️ We're closing the gap between attorneys and the tools they need to make their work easier by developing intuitive, efficient AI solutions ⚡ We have the right team to get the job done, combining diverse expertise and a shared passion for transforming legal practice. 🔊 Customer voice is our source of truth, driving our decisions and ensuring our solutions meet real-world needs. We're driving forward with a unique combination of AI expertise, legal knowledge, and customer-obsession – and we're primed to deliver groundbreaking solutions that empower attorneys and redefine the future of legal work. Stay tuned! #legaltechnology #legalAI #LegalInnovation #AITechnology
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Markup by DraftWise, our new GenAI offering has hit the market, and it's already making waves with top global attorneys. Here's what stands out to our users: 📈 results, within clicks 🛠️ an intuitive interface built for lawyers, by lawyers 📚 provides the knowledge users need, when & where they need it The best part? We're not a black box technology - want to learn more about how Markup works? Talk to our team: https://lnkd.in/gQPn_mHR #LegalTech #LegalInnovation #GenAI #LegalAI
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DraftWise Chief Customer Officer, Will Seaton, shares how understanding customer needs served as the north star in creating Markup, our next generation of AI technology that is driving rapid adoption. 📌 Read more here: https://bit.ly/4eKIc6B 📌 "Since day one, our team has been focused on providing solutions to problems that lawyers experience in daily work, not just generalized technology solutions. Markup may be new to the market, but early feedback confirms that building with customer needs as a blueprint, and delivering the technology that intuitively integrates into existing flows of work, produces results" #legalAI #legaltech #GenAI
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Today at Paul Hastings, DraftWise CEO and Co-Founder, James Ding, sat for a conversation with Joe Green, Chief Innovation Officer at Gunderson Dettmer 🔥 With the data strategy centered in today's conversation, here are a few insights from our team: 💻 Today's technology landscape provides firms with an opportunity to transform into highly data-driven organizations 📈 LLMs have the unique ability to do very well with limited data and tackle data projects that provide immediate ROI 🔢 Firms who can’t leverage data strategically, won’t be able to compete #LegalTech #LegalInnovation #DataDriven
Creative Catalyst | Content & Program Development | Client Engagement | Business Development | Market Analyst
Next up at the Inside Practice LLC Law Firm Data Strategy & Modernization conference happening today at Paul Hastings NYC – a “fireside chat” with Joe Green, Chief Innovation Officer at Gunderson Dettmer and James Ding, CEO, DraftWise – "Disambiguating and Structuring Raw Materials into Data Fit for Analytics and Insights: Gunderson Dettmer’s Data Journey."
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Law firms and organizations with diverse teams tend to be more engaged, more productive, and attract top talent. Despite this, BIPOC, LGBTQ+, and other marginalized groups remain underrepresented in #BigLaw. In honor of #PrideMonth, we're highlighting six organizations and resources that support inclusive representation in the legal field: 1️⃣ National LGBTQ+ Bar Association 2️⃣ NATIONAL BAR ASSOCIATION 3️⃣ Equal Justice Works 4️⃣ Law for Black Lives 5️⃣ NCLR – National Center for Lesbian Rights 6️⃣ MCCA (Minority Corporate Counsel Association) Read more here: https://lnkd.in/gssmT8hw #LegalAI #LegalTech #BigLaw
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June has been a big month for the DraftWise team! 💫 From launching a new product to hosting key industry discussions, here’s a look at what we’ve been up to 👉 🗣️ LegalTechTalk 2024 Earlier this month, our team traveled to London for LegalTechWeek to engage in pivotal conversations in the legal tech industry. DraftWise Co-founder & CEO, James Ding, took the stage to share our unique approach to helping transactional attorneys tackle drafting, review, and negotiation. 🚀 Markup by DraftWise Product Launch Contract Autopilot | Automated issue list generation based on deal history | AI chat assistant | Critical issue identification & resolution Our newly launched AI offering empowers transactional attorneys with first-of-its-kind abilities to deliver the most relevant language in every contract scenario – eliminating hours of repetitive work and freeing up teams to focus on strategic initiatives that leverage expertise where it matters the most. 🛠️ Build vs Buy Lunch We were joined by leading voices in legal and legal technology to explore how firms are navigating the decision to build or buy legal technology. Thank you to MDR Lab, Orrick Tech, and Josef for sharing firsthand experiences and invaluable insights on how firms can strategically incorporate the best of AI technology to meet their goals. Our Team’s Takeaways: 1️⃣ Whether at a firm or in-house, current solutions to contract review are expensive. 2️⃣ Generalized AI solutions that fail to utilize your team’s unique deal history don’t work. 3️⃣ We’re just at the beginning of a transformative journey in legal tech #LegalTech #ContractManagement #LegalInnovation
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🔎 In today's legal landscape, AI technology tools have become essential in firms. But with so many AI legal tech vendors out there, it can be overwhelming to find a solution that delivers measurable value. At DraftWise, we partner with our customers to meet their needs – evolving our capabilities to best solve the practical problems of transactional attorneys and provide firms value. From fitting into tech stacks to solving for most impactful use cases, we apply a hands on approach to meet firms where they're at – offering solutions where and how their attorneys work – and evolve with them to change the contracting process for the better. ✨ Read more on how your firm can find the right technology fit: https://lnkd.in/gYVdQFuF #LegalTech #LegalInnovation #LegalAI
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⏰ Reminder ⏰ There's still time to join Clio - Cloud-Based Legal Technology 's conversation on integrating AI into small and medium-sized firms, happening later today. Tune in to learn: ✅ Proven strategies for boosting productivity by automating routine tasks with AI ✅ Best practices to ensure your team uses AI effectively in day-to-day operations ✅ Crucial considerations regarding ethics, data privacy, and compliance 📌 Register now for the conversation happening at 11 a.m. PT | 2 p.m. ET https://lnkd.in/eSsNxNMZ #legalAI #legalTech #LawFirms