As the year comes to a close, it’s the season to celebrate the wrapping of a year of company-wide growth, hard work, and countless milestones! 2024 has been a landmark year for DraftWise - from securing our Series A funding to expanding our partnerships with leading global law firms, each milestone has been powered by the incredible dedication and talent of our growing team. Last month, our team gathered in Mexico City to celebrate these achievements and chart our course for an even more ambitious 2025. Want to learn more about the culture that's driving our success? Check out our latest blog post to get an inside look at how the DraftWise team is reimagining the future of legal work: https://lnkd.in/gd22gBER We’re grateful to all of our employees for bringing positivity, relentless curiosity, and creative resourcefulness to everything they do. Here’s to an even brighter 2024 🥂 #legaltech #legalA #StartupLife #TeamCulture
DraftWise
Software Development
New York, New York 5,432 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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Last week, DraftWise co-founders Emre Ozen & Ozan Yalti joined industry leaders at the 2024 TLTF Summit to dive into the latest trends in innovation and legal technology. The event was an incredible opportunity to share insights and explore AI’s transformative potential in legal. Here are some key takeaways from several days of discussions: ✨ AI’s Evolution: We’re only scratching the surface of AI’s transformative potential. As the technology matures and addresses specific challenges, its capabilities will better and better align with user expectations. ⏳ Time-Saving Power: AI is a game-changer for productivity. In legal, precedent-driven AI reduces hours of searching to minutes, unlocking more time for strategic, high-value work. 🔑 The Importance of Alignment: The true power of AI lies in pairing the right technology with the right tasks—enabling efficiency without compromise. We’re excited to keep building tools that deliver real impact. What do you think AI innovation will achieve in the next five years? Let’s discuss! #LegalTech #legalAI
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🌍 This September, we launched our new London-based hub—a major step in building bridges across the European legal community. Josh Sandman, DraftWise’s Head of Sales, shares his perspective on how this expansion reflects our mission to support transactional lawyers across the globe. 🔗 Read Josh’s insights here: https://lnkd.in/gB33ga4x We’re thrilled to grow our footprint and continue supporting the best firms in the world. 🚀
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🚀 The DraftWise Customer Success team is growing – we’re beyond excited to welcome Alyssa Gaines as our new Head of Customer Success! 🎉 With nearly two decades of experience helping customers adopt transformative tech, Alyssa brings an unmatched passion for solving real challenges and a customer-centric approach that perfectly aligns with our mission to tackle lawyers’ everyday pain points. We can’t wait to see the incredible impact she’ll make in helping lawyers do their best work! 💡✨ #LegalTech #LegalAI #GenAI
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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
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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