Idealdraft is a crowdsourcing site for legal documents and related content. It is a tool for lawyers, businesses and anyone else who might need access to and a better understanding of legal documents. But unlike other legal sites, it doesn’t aim to substitute lawyers. Instead, they want to is lower the cost of drafting, and lessen time spent understanding, legal documents.
We built its platform by extracting documents that are required to be filed publicly under U.S. security laws. We implemented a cutting-edge information retrieval software library that is robust and flexible, which provides search functionality that is unlike that of any of our competitors. The platform gives the users ability to contribute content by uploading form documents that are not otherwise available on the Internet. Further, we enabled anyone to revise and annotate content on the site. This gives legally sophisticated users the ability to demonstrate, and those who aren’t legally sophisticated a way to develop, a deeper understanding of issues that are embedded in legal documents. All of these features help narrow the knowledge gap between lawyers and non-lawyers, an important benefit for the industry.