Source: PR Newswire
Axiom introduced the first of its new Tech+Talent offerings in partnership with DraftPilot, an AI-powered contract review tool that seamlessly integrates with Microsoft Word. Designed to significantly accelerate the contract mark-up process while enhancing review quality, DraftPilot has been rigorously vetted through extensive Axiom field testing in real client engagements.
DraftPilot is the first in a series of Tech+Talent AI solutions that Axiom is deploying among leading global in-house legal teams today. The goal: to help our clients cut through the AI hype and identify, screen, pilot, and deploy the tools that meet Axiom’s standards for accuracy, trustworthiness, time savings, usability, and risk, so they can be put to work quickly by our clients.
“Our clients need legal AI technology they can trust and that meets extremely high standards for work quality and value,” said Sara Morgan, Chief Talent Officer at Axiom. “That’s what they’ll get with DraftPilot today, backed by Axiom’s 25 years of experience amplifying the success of in-house legal teams. In our testing, we found many legal AI tools often aren’t adopted, don’t fit the team’s workflow, require lots of setup and training, or they’re just too hard for lawyers to use. As the first Axiom-approved AI, our clients can trust that DraftPilot, paired with our high-quality legal AI talent, can meet the contracting challenges posed by high-volume, real-world in-house environments.”
“The results blew us away,” said C.J. Saretto, Chief Technology Officer at Axiom. “Our legal talent saw up to 60% time-savings on routine contract tasks, and here’s the kicker: work quality went up. Attorneys using DraftPilot reported that the AI was like having an Associate take the first pass on a contract review, removing tedious tasks, and freeing them up to focus on higher-value strategy and negotiation. Our clients can now capitalize on AI-enhanced contract review with DraftPilot, knowing it’s been rigorously field-tested by Axiom attorneys.”
“Any vendor can demo their AI and make it look impressive,” said Daniel van Binsbergen, DraftPilot CEO. “What sets this offering apart is the RFP and piloting process Axiom put in place. Axiom didn’t just ‘kick the tires,’ but instead selected DraftPilot from a field of well-researched tools to put DraftPilot to work on real client matters. This pilot had real lawyers using production AI in a formal program with defined success metrics, with in-house legal practitioners reporting on the benefits. As a legal technology vendor, being approved and offered by Axiom is a huge win, because it gives us the opportunity to help thousands of corporate legal teams worldwide by boosting their capacity with AI-enhanced contract review.”
Read the full article: https://www.prnewswire.com/news-releases/axiom-announces-ai-enabled-contracting-solution-proven-to-improve-efficiency-of-contract-related-legal-tasks-by-up-to-60-302384719.html
