DraftWise: Revolutionizing Legal Document Processes
DraftWise is an innovative AI solution that is transforming the way transactional lawyers handle their work. It offers a comprehensive set of features designed to enhance every stage of the legal process, from contract drafting to negotiation.
The platform enables lawyers to put their tedious drafting tasks on autopilot. By referencing past deals, DraftWise can quickly and effectively generate first markup revisions of any contract. This not only saves time but also ensures greater accuracy and consistency in the drafting process.
In the review stage, DraftWise allows lawyers to connect with their best language. They can search deal history, compare clauses, and instantly redline directly inside Microsoft Word and Outlook. This seamless integration makes the review process more efficient and less prone to errors.
When it comes to negotiation, DraftWise surfaces critical insights to help lawyers understand 'what is market' and reference what opposing counsel previously accepted. This ensures that lawyers have comprehensive negotiation tactics at every deal stage, giving them an edge in the negotiation process.
Another notable aspect of DraftWise is its commitment to data security. It is built to the highest security standards, with a SOC 2 Type 2 compliance and other security certifications. This ensures that client data is protected and gives lawyers peace of mind when using the platform.
Furthermore, DraftWise facilitates secure and easy content sharing. It promotes clause banks, know-how precedents, and playbooks, enabling every lawyer on the team to achieve a greater return on investment from the firm's existing work.
Recent achievements of DraftWise include collaborating with Cohere, achieving a 97% precision score in a third-party client-defined benchmark, and being fully integrated into the deal workflow of Orrick Labs. These accomplishments demonstrate the platform's effectiveness and its potential to continue making a significant impact in the legal industry.
In conclusion, DraftWise is a game-changer for transactional lawyers, providing them with the tools and capabilities they need to handle complex agreements more efficiently and effectively.
