Have you felt the effects of the gap between legal search tools and the knowledge results you *actually* need? ⛔ Lost time ⛔ Mounting frustration ⛔ Missed opportunities to deliver value ➡️ Enter natural language search (NLS) ⬅️ In a recent piece for the International Legal Technology Association (ILTA), DraftWise co-founder and CEO, James Ding, explores how more intuitive search design can transform the way that lawyers connect intent with actionable knowledge. Read his insights—and more—on the future of legal tech in ILTA’s Knowledge Management and Marketing Technologies white paper: https://lnkd.in/gwdX3MsV #LegalTech #KnowledgeManagement #InnovationInLaw
DraftWise
Software Development
New York, New York 5,296 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 [email protected].
- 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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🤔 What does fine-tuning actually mean?🤔 Does it help or hurt LLM performance? Do generalized or fine-tuned LLMs perform better in a legal context? And what about the risks of model drift? The rise of LLMs in legal has introduced a flood of new terminology in the field, and fine-tuning is one concept that deserves your attention. Here’s why: 👉Fine-tuning helps determine how well an LLM performs for specific tasks. 👉When done incorrectly, it can hurt rather than help results. 👉When done right, fine-tuned models deliver significant improvements for legal workflows. Thankfully, the DraftWise team has an expert to break it all down. David Michael Smythe, Senior NLP Engineer, shares his insights on fine-tuning and its potential to transform legal work in our latest blog post. 📌 Read the blog post here: https://lnkd.in/g5DsYDDm #legalAI #legaltech #GenAI
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What makes DraftWise indispensable for lawyers? Here’s what we hear from our users: ⏰ It saves time on repetitive, non-billable tasks & reduces errors 💫 Training is intuitive, and lawyers actually want to use it 🏆 It delivers value from day one—solving for lawyers' everyday needs Want to see how DraftWise can make your workday easier? Reach out to the team and let’s chat! #LegalTech #LegalAI #GenAI
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🌎 DraftWise 2024 Offsite is a wrap!🌍 Last week, our globally distributed team came together in Mexico City for an invaluable week of collaboration, knowledge sharing, and celebrating how far we’ve come since last year. This time for cross-functional reflection highlighted the incredible impact that the right team, the right platform, and the right vision creates: 📈 Growing Together Powered by our Series A raise, we’re rapidly evolving. We've hired across the DraftWise team to make strides in legal tech — positioning us to scale our ability to create even more value for our customers, faster. 🚀 Unified Focus We’re aligning the best in technology to meet lawyer’s drafting, negotiation, and review needs. It’s powerful to see each function—product, customer success, marketing, engineering, and more working in unison to identify and tackle the discrete problems of transactional lawyers worldwide. 🗺️ Building the Roadmap We’re shaping the future of legal. The offsite highlighted the vast opportunity as the legal industry undergoes a new era of unexplored transformation driven by Generative AI — and we’re syncing all parts of the business to pioneer the path forward. 🌟 Developing a best-in-class platform Problem-solving is our bread and butter. We’re staying relentlessly focused on solving the everyday challenges of transactional lawyers and empowering users to access their most valuable data intelligence. As the DraftWise team continues to grow, we’re on track to deepen our understanding of lawyer’s needs and expand our pool of technical talent. We have the tools, the talent, and the drive to reshape the future of legal 🚀 #legalAI #legaltech #GenAI
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Next week, the DraftWise team will be on the ground at International Legal Technology Association (ILTA) EURO 2024! Stop by the DraftWise table to learn: 👉 How top global firms are catering to client preferences & reducing risk of errors 👉 What's new with the DraftWise platform 👉 How we're empowering lawyers to draft, review, & negotiate with ease To connect with the DraftWise team at the event, reach out to Sahil Keval or Josh Sandman 📥 #ILTACONEurope2024 #LegalTech #GenAI
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Last week, James Ding, DraftWise Co-founder and CEO, sat down for a conversation with Jordan Taylor, Vizcom CEO and Founder, moderated by Sofia Dolfe, Partner at Index Ventures, to discuss what they’ve seen as two technology leaders in spaces traditionally resistant to change. "The lawyer remains the creator of the strategy, but they’ll use AI to help better understand the market and grab insights and data that they wouldn't otherwise have. But ultimately, you need a human in the seat because business transactions are agreements between humans." - James Ding Catch the full conversation here: https://lnkd.in/g4vmNAuF #legalAI #GenAI #legaltech #TCDisrupt
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👻 The DraftWise team took on Halloween at our NYC office! 🎃 Nothing scarier than inefficient drafting, review, and negotiation processes, right? We’re all about making workflows seamless—even on spooky days like Halloween! Happy Halloween from the DraftWise team! #LegalTech #GenAI #LegalAI
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🎉We're excited to announce that DraftWise is a 2024 Global Tech Awards Winner🎉 Since day one, our mission has been to connect lawyers with the best in technology to solve everyday problems - and we're proud to be recognized as leading innovation for top global firms. Thank you to all of our customers and those who've partnered with us to help shape the future of the legal tech industry 🥂 #GlobalTechAwards #legalTech #GenAI
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🚨 TechCrunch Disrupt is right around the corner 🚨 As two AI leaders reshaping traditional industries, James Ding CEO and co-founder of DraftWise, and Jordan Taylor, CEO and founder of Vizcom have a wealth of insights into how markets have responded to recent innovations in AI and what this means for the future of knowledge work. Here's a sneak peek into what they'll cover: 👉 How AI is moving the needle in traditional industries 👉 Building AI tools for success: practical insights 👉 The role that AI will play in the future of knowledge work 👉 and more... Read the most recent blog post for a closer look at what we can learn from the parallels between AI adoption in design and legal industries: https://lnkd.in/gb8r5tq8 📍 October 28th, 10:30 AM PST, Breakout stage 1, moderated by Sofia Dolfe from Index Ventures #techcrunchdisrupt #genAI #legaltech
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October 28th, James Ding, DraftWise CEO and co-founder, and Jordan Taylor, Vizcom CEO and founder, take the TechCrunch Disrupt stage with Sofia Dolfe from Index Ventures to share their insights as AI leaders in industries traditionally resistant to change. The parallels between designers and lawyers as AI adopters highlight technology's ability to connect niche use cases with transformative solutions – and this conversation promises to be a goldmine of insights into how AI technology can shape the future. 📌 Stop by the AI stage at 10:30AM on Oct 28th to hear the full conversation📌