Mishcon de Reya’s MDR LAB has added two legal tech companies to its new Improve programme: Jur – an online dispute resolution platform; and DraftWise – a KM system that accelerates document drafting.
They are the first companies to join the new programme since MDR LAB had its relaunch in October this year – see Artificial Lawyer feature here. This is how the companies are described:
Founded in 2020 and based in New York, DraftWise helps law firms produce higher quality contracts in a fraction of the time. It’s a knowledge management platform integrated with Microsoft Word that helps lawyers find precedents and language faster and collaborate better using machine learning and data integration.
DraftWise is backed by Y Combinator, and was founded by 2 ex-Palantir engineers and a former Clifford Chance lawyer with a decade’s experience.
Founded in 2018 and based in Switzerland, Jur aims to solve the problem of access to justice with its multi-jurisdictional online dispute resolution platform, the Open Justice Platform. The platform enables small and medium enterprises across the world to access a time-efficient dispute resolution method system that will help to settle any issues arising from contracts and real-world business complexities.
Jur is also one of a number of participants in a LawTech UK project to explore the building of an SME late payment dispute resolution system.
Dan Sinclair, Head of MDR LAB, told Artificial Lawyer: ‘We are delighted to welcome DraftWise and Jur to the recently launched Improve programme. These are two very different, but equally exciting, propositions that are truly global in nature.
‘This is further reflected by the fact that their teams are currently spread across three continents. One silver lining of the remote programme model is that we are still able to work and support companies from around the world.’
With regard to the new-look MDR LAB, this is how it will now be functioning across three different streams:
Launch: For early stage business ideas.
Through the collaboration with Founders Factory, they will walk entrepreneurs through a venture building curriculum. MDR LAB will help validate the idea and business model, and provide pre-seed funding so that the founders can focus on what really matters: building a great product.
Improve: For existing businesses wanting to improve and develop their product. It will be activated at anytime during the year.
Most similar to the previous LAB offering, this 12-week programme will give entrepreneurs the opportunity to work within their target market, to pilot and improve products, to gain a better understanding of how legal services are provided, and to understand where lawyers – and their clients – would benefit from new technologies.
Sell: For businesses looking to build revenue and sell direct to Mishcon after a tailored software testing inside the firm.
This two-week programme provides a structured approach to corporate/start-up engagement. This programme is problem/opportunity led and is designed for companies that are product-ready, with traction in the market.
If you’d also like to get involved in this stream, or the other two, you can find more information about MDR LAB here.
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