Author: Onit

Run Your Legal Department Like a Business With Data

Check out Bodhala CEO, Raj Goyle’s, latest feature in Bloomberg Law on how in-house teams can leverage data to identify opportunities, navigate strategic decisions, strengthen outside counsel relationships, and run their legal departments like a business.

Reproduced with permission. Published May 2021. Copyright © 2021 The Bureau of National Affairs, Inc. (800-372-1033) www.bloombergindustry.com.

Get in touch with our team of legal billing and data experts to find out how Bodhala can transform your legal department.

How Roche Reduced the Risks of Incident and Compliance Investigations with Workflow Platform Technology

More companies than ever have leaned into digital transformation, recreating processes and technologies associated with essential business processes such as incident and compliance investigations. Swiss pharmaceutical company Roche perfectly exemplified this type of innovation when it adopted a workflow automation platform to streamline its investigations.

Over the course of the decade, the company shifted from paper to digital spreadsheets to manage the incident and compliance investigations process and eventually implemented a case management system. However, they found the case management technology to lack the flexibility for continued innovation. The vendor could not quickly provide updated features and lacked simple conveniences such as presenting dates in the European format.

Roche quickly pivoted, a process discussed in a recent webinar held with Swiss LegalTech Association (SLTA), Onit and Kroll titled “Managing Compliance Investigations with Workflow Platform Technology at Roche.” Speakers included:

  • Sébastien Bergier, Director Internal Investigations, Roche
  • Imran Khan, Computer Forensics Manager, Roche
  • Matt DenOuden, Senior Vice President of Global Sales, Onit
  • Roger Jarman, Director, Legal Management Consulting, Kroll
  • Christoph Kueng, President, Swiss LegalTech Association
  • Nicolas Torrent, Vice President, Communication and Marketing, Co-head Geneva Chapter, Swiss LegalTech Association

You can view the on-demand presentation here.

Tackling Compliance Investigations with Workflow Automation

For Roche, a case management solution was critical not just for their teams to run their cases effectively, but also for senior leaders to have access to insights and trends in incident and compliance investigations. In addition, they wanted a system up and running as soon as possible that would cover their basic needs without compromising the integrity of their investigations and then evolve that system over time. After all, technology develops rapidly and businesses need to evolve in line with it.

The answer to building a proper case management system was to dismantle current processes that weren’t working. Roche then rebuilt by partnering with Onit and Kroll, exploring how the company managed its investigations, how they wanted to evolve them and what analytics they wanted to put in place.

With Onit Apptitude, Roche quickly built a front-to-back solution to manage the entire lifecycle of investigations. Thanks to the team’s vision, Onit and Kroll, the company introduced a solution that reduces risk by bridging the gap between legal, compliance and other departments. According to Roche, Onit Apptitude quickly and efficiently provided a visual on how the system would look and function.

Roche’s first iteration was ready in three months and went live within six months after that.

You can listen to the entire webinar and learn more about Roche’s transformation journey here.

To learn more about Onit Apptitude, visit here or schedule a demonstration.

Happy 10th “Onitversary” to Us! Celebrating a Decade of Growth, Expansion and Investment in Legal Tech

What a decade it’s been for Onit and legal tech. We’re celebrating our 10th anniversary with several significant milestones over a decade of groundbreaking achievements in legal technology.

Onit was co-founded in 2011 by CEO Eric M. Elfman, COO Eric Smith, Vice President of Marketing Jill Black and Vice President of Products John Gilman. Their goal: to create legal tech that makes it easier for in-house counsel to practice law.

Today, Onit has more than 400 employees worldwide and 10,550 corporate legal and law firm customers and offers workflow automation, enterprise legal management, AI, contract lifecycle management and more. Going forward, we plan to continue our strategic growth and expand our offerings to give corporate legal departments even more of the legal tech tools they need to do their best work.

“Across the company, we prioritize customers and innovation. When you have 400+ employees worldwide focused on the same goals, you create powerful results.” Eric M. Elfman CEO & Co-Founder OnitReinventing Legal Tech

Onit was originally co-founded in 2011 with a focus on legal project management. However, the focus shifted when Elfman and his co-founders brainstormed ideas and made a discovery: Despite half a trillion dollars spent every year in enterprise software, very little of it moved the needle in terms of productivity for end-users. Instead, most workers managed their day through email, which didn’t always work for complex organizations and projects.

Onit’s first platform, Apptitude, solved 95% of the workflow challenges presented by the email-based environment. The company started by creating legal tech on Apptitude for the same solution that Elfman’s first company Datacert addressed – enterprise legal management (ELM), an area that was ripe for disruption.

“It's hard to believe that Onit has grown headcount over 500% and revenue over 900% in the four short years I’ve been here. I can’t imagine what lies ahead over the next four years.” York Richards CFO OnitFrom Startup to Scale-Up

Onit has gone from two employees and $25,000 in revenue when co-founded to a company with more than 400 employees in 2021. We have helped transform how Fortune 500 companies and billion-dollar legal departments drive operational improvements, processing over $5 billion in legal invoices in the past year alone.

The company’s leadership sees Onit as a scale-up now, a company that will continue to grow in reach and revenue while still committed to the disruption and innovation of its startup roots.

“Back in 2012 or so, Paul Zengilowski was my first introduction to Onit. From then on, I was hooked! He, John Gilman and Eric Smith convinced my employer at the time, ZS Associates, to be one the first five Onit clients. I will be forever thankful for the intersection of our lives.” Stasha Jain Senior GC OnitDespite the pandemic, we continue to be one of the fastest-growing tech companies in the Houston area. While others resorted to layoffs, we increased our headcount by 22% and grew revenue by 36% in 2020.

Onit and our customers have used our platforms and products to build over 5,600 Apps and solutions that automate critical enterprise-wide processes such as marketing, sales, HR and compliance. We also launched three new AI-based products in the last year (Precedent, ReviewAI and ExtractAI) and acquired three companies since May 2019 – legal operations software provider SimpleLegal, legal tech AI provider McCarthyFinch and AXDRAFT, a document generation and automation platform.

“By far and away what I enjoy the most about working with Onit is the people. It is rare to get the opportunity to work with people you admire for their work ethic, intelligence and sense of humor. My Onit family checks all of those boxes.” Yogi Maxwell Sr. Software Support Engineer Onit

Looking Ahead for Onit and Legal Tech

As we enter the next decade in the legal tech market, we will continue to grow and innovate. And we will keep disrupting the market. As our CEO says, “We’re not slowing down.”

Contact Onit today to learn more about how our workflow and artificial intelligence platforms and solutions can help you transform your business.

Data and Legal Price Discovery: What Should You Really Be Paying For Your Outside Counsel?

Your law firms might insist that you’re getting the best price they have to offer, but can they prove it? Corporate legal departments are routinely overcharged by outside counsel. With limited access to price discovery, GCs are often stuck without the data they need to effectively benchmark rates, AFAs or other pricing structures.

Bodhala recently partnered with Buying Legal Council to lead general counsels, legal procurement, and legal operations professionals through an insightful discussion on how to leverage benchmarking data to secure a fair market price.

The discussion – fueled by an all-star panel including Bodhala CEO, Raj Goyle, Citi’s Director of Outside Counsel Management, Chris Ochs, and MetLife’s Director of Legal Procurement, John Smith – took attendees through:

  • The current challenges surrounding law firm benchmarking
  • The implications of bad data
  • What metrics really matter when evaluating law firm rates

Check it out!

Get in touch with our team of legal billing and data experts to find out how Bodhala can transform your legal department.

Save More With eBilling + Bodhala

eBillers facilitate payment for legal services. They’re great at paying legal bills but were not built to support data analytics – forget actionable insights.

Bodhala is not an eBiller. Bodhala is purpose-built for legal spend analytics to deliver strategic insights and actionable benchmarks so you can better manage your firms and optimize your spend.

But here’s the headline: You save more with both.

The Bodhala Difference: Hercules

eBiller data is very raw – unstructured, chaotic, and impossible to use for accurate comparisons and analysis.

Bodhala’s proprietary machine-learning engine, Hercules, automatically cleanses and organizes your data, filling in gaps and creating alignment across your entire spend.

The result is a clean, apples-to-apples data set that can then be augmented with engineered and 3rd party data to deliver everything from internal and market benchmarking to RFP optimization.

Future-Facing Insights

eBillers use historical data to impact how you pay invoices. Bodhala uses historical data, along with machine learning and 3rd party data to deliver actionable insights and a holistic view of your legal spend.

From optimizing your rate negotiations to firm selection and management, Bodhala’s actionable insights help you shape the future of your firm relationships with informed, strategic decisions.

Granular, Apples-to-Apples Analysis

A restructured, easy to analyze data set means you can compare anything from staffing and partner hours to rates and diversity across firms, practice areas and matter-types.

Bodhala also lets you deep dive and compare individual matters, timekeepers, and even do task cost analysis – unlike your eBiller.

Benchmark Against the Market

Bodhala’s Hercules engine uses machine learning and 3rd party data to benchmark your firms against relevant competitors for similar types of work,. The result is truly valuable ammunition to start rate negotiations with your existing firms or make informed decisions on new firms for your panel.

eBillers also don’t leverage 3rd party data or machine learning, leaving you without any true market intelligence.

ROI Calculation

Without a sophisticated rate tracking system, eBillers can’t project how a rate change will impact your overall spend.

Bodhala’s comprehensive rate tracking system and Savings Calculator accurately projects how broad rate card changes, as well as how minor changes impact your spend. Don’t be afraid to get granular – even an associate rate at a specific firm in a specific practice area can have a significant impact.

Improve Processes & Outcomes

Bodhala not only streamlines the RFP process for rate cards and individual matters. We also help you optimize the outcome.

By providing you with key metrics to inform your decision-making process, Bodhala is a critical partner for effectively selecting and managing outside counsel.

Invoice Review vs Guidelines Analysis

eBillers do simple invoice review, helping identify rate inconsistencies and block billing.

Bodhala takes a holistic look at your guidelines and can identify the simple inconsistencies, as well as an extensive set of other guideline issues from overstaffing meetings to excessive partner hours.

Get in touch with our team of legal billing and data experts to find out how Bodhala can transform your legal department.

AI in the Legal Sector by the Numbers

Legal AI software has commanded the attention of corporate legal departments worldwide, thanks to its ability to offload manual work, increase efficiency and provide more insight into day-to-day tasks and strategic endeavors. As a result, more and more corporate legal departments are investing in AI and starting to discover its benefits.

By now, in-house counsel have been inundated with countless claims about how AI can increase productivity and efficiency, cut costs and boost revenues, and generally make work better. But, if you’re anything like us, numbers matter. They go beyond hyperbole and illustrate how effective legal AI software can be.

Here are data points to illustrate the difference AI is making across other businesses – and especially in the legal sector.

The Overall Use of AI

In November 2020, McKinsey & Company released a comprehensive report on The State of AI in 2020, and the results showed a commitment to AI across industries. Half of the 2,400 participants responding to the survey indicated that their organizations had adopted AI for at least one internal function or business unit. Not surprisingly, businesses in the telecom and other hi-tech sectors reported the highest rates of AI adoption.

As for the business functions seeing the most AI traction, service operations, product and service development, and marketing and sales topped the list. Over two-thirds of the respondents who said they incorporated AI into these functions also credited that adoption for increasing revenues.

Notably, 22% of the respondents said that they could attribute over 5% of their enterprise’s earnings before interest and taxes (EBIT) to the use of AI. An additional 48% attributed at least some EBIT to using AI.

Legal AI Software Numbers

The overall enterprise-wide benefits of AI seen in organizations worldwide are certainly playing out in the legal arena. AI has now been applied to many routine but critical functions in the legal sector, with impressive results.

Contract Lifecycle Management (CLM)

Contracts are one of the largest areas where legal organizations can benefit from AI.

According to Gartner, by 2023, legal AI software will bring 30% more efficiency to organizations that deploy CLM solutions, with 90% of multinational global enterprises and 50% of regional midsize organizations investing in CLM solutions by that year.

Onit has discovered comparable results with its own CLM solution (which is powered by business process automation and AI-powered business intelligence platforms), finding that corporate legal departments can expect to see the following savings:

  • A 24% reduction in the average sales cycle
  • A 20% reduction in the average hours spent on contracts
  • A 9% annual average cost savings

With legal AI software for contract review, data shows that in-house attorneys and legal operations professionals can expect to:

  • Increase contract review and approval speed by 60-70%
  • Improve user productivity by 51.5% on average
  • Redline contracts in less than 2 minutes

Of course, contract lifecycle management doesn’t end when your contract is signed. Each signed contract contains valuable data that can be extracted to improve your contracting processes going forward and allow you to make better, more informed business decisions. AI for contract extraction can help corporate legal:

  • Review 6,000 contracts at once
  • View over 500 contract data points
  • Export contract data in 5 seconds

Legal AI Software for Enterprise Legal Management (ELM)

AI performance extends beyond contracts to managing legal spend. For example, Onit’s ELM solution will help in-house counsel save 5-10% on outside counsel spend. Those savings increase when AI is applied to the first-pass invoice review. We’ll have more data illustrating this point coming soon with our upcoming announcement for InvoiceAI for enterprise legal management.

To learn more about how Onit’s AI solutions are changing the way legal professionals do business, contact us today or email [email protected].

ReviewAI Tools Revolutionized with ReviewAI Smart Checklists

It’s no secret that in-house lawyers have too much to do and too little time to do it, making contract review tools a necessity, not a luxury. So, how can contract AI help in-house lawyers? They often have a long list of what they want and need from AI and technology that includes:

  • Eliminating painful, repetitive and non-complex work
  • Freeing up time to focus on strategy and high-value work
  • Increasing the quality of contract review
  • Working faster and handling higher volumes of work

With these priorities in mind, Onit launched contract AI tool ReviewAI seven months ago. ReviewAI does the repetitive work that lawyers want to streamline so they can concentrate on more strategic contributions. It reviews, redlines and edits all types of contracts in less than two minutes, including NDAs, MSAs, SOWs, purchase agreements, employment agreements and more. In addition, its Microsoft Word Add-In enables lawyers to work the way they are accustomed to working.

Now, Onit has announced a substantial enhancement to ReviewAI – Smart Checklists. It’s contract AI that goes beyond alerts and does the work.

Keep reading to learn more, view a demo here or you can hear Jean Yang, Vice President of the Onit AI Center of Excellence, explain it in the latest episode of our Onit podcast.

Contract AI That Goes Beyond Alerts – It Does the Work

Smart Checklists, offered as part of the ReviewAI Word Add-In, evolves contract review tools by turning playbook checks into intelligent and collaborative tasks. It tracks what’s important, what to do next and what is done – all in an intuitive solution that requires no training.

How does it work? Open a contract, and ReviewAI has Smart Checklists ready to go.

As a result of this contract AI tool, lawyers save upward of 52% of their time on contracts, while legal teams improve consistency, lower contract risks and better support the business.

Making ReviewAI Tools Smarter

Lawyers have always worked off of some sort of checklist during contract reviews. The problem is that the lists often only exist on a piece of paper or in someone’s head. They’re static.

ReviewAI Smart Checklists uses AI to create checklists made up of concrete, task-based actions that are generated from your company playbook. Rather than going through the tedious undertaking of applying that playbook yourself, ReviewAI digitizes it for you automatically. If you need to break your contract review into multiple sessions, ReviewAI and its Smart Checklists remember where you left off and make it easy to keep track of where you are, what’s been done and what you still need to do.

How to Get Started with ReviewAI Smart Checklists

Onit’s ReviewAI Smart Checklists, a revolutionary approach for contract review tools, is available immediately.

To learn more, you can:

Legal Industry News: Current News and Trends for Legal Operations Resources, May 2021

Welcome to our May run-down of legal operations resources, where we share with you some of the most pertinent and timely articles for industry news. We hope this roundup provides some valuable takeaways.

In today’s lineup, we feature insights about how platform technology is transforming legal operations, the benefits of CLM and AI for the Lenovo legal department and new CLOC leadership.

#1

How Platform Technologies Enable Enterprise Collaboration For Corporate Legal Departments

Legal departments no longer function as black boxes within organizations. Today’s legal department regularly engages in cross-collaboration with all departments across the organization, typically with a high level of transparency. Along with the increase in collaboration has come a greater expectation that legal departments will heighten the level of service they provide and demonstrate the value they bring to the business.

Platform technologies are making it possible for legal departments to meet these expectations. Many organizations have replaced stand-alone software and solutions with a platform approach that allows companies to streamline processes across the organization and empowers legal departments to better connect with other departments. The article provides an in-depth discussion of the benefits of platform technology and essential tips on how to pick the right platform.

 (Source: The Impact Lawyers)

 #2

What’s Fueling Transformation in Corporate Legal? A Leading Operations Expert Explains.

The legal industry is primed for transformation, not unlike that seen in healthcare two decades ago, according to Brad Rogers, SVP of Strategy and Growth for Onit and former Chief Operations Officer and Chief of Staff for Advocacy and Oversight at a Fortune Global 100 company. Leaders in law are now thinking differently about how to drive efficiency, effectiveness and value. The transition – which was happening well before remote working – is accelerating, with new operating models that are built on what he sees as the four major drivers of change in the industry. You can hear Brad discuss these factors in this podcast.

(Source: Onit podcast)

#3

CLOC, One of the Leading Legal Operations Resources, Welcomes a New President 

The Corporate Legal Operations Consortium (CLOC) announced a shift in leadership, with Mike Haven assuming the role of President on May 1. Haven has been a board member of CLOC since March 2019.

According to Haven, “I will continue to build on our commitment to support the entire legal ecosystem and foster a more diverse, inclusive, efficient and innovative culture.”

Haven is currently the Head of Legal Operations and Associate General Counsel for Intel, with prior law and legal ops experience that includes roles at K&L Gates LLP, NetApp and Gap Inc. He has long been active in the CLOC community, advocating for unity in the legal industry to overcome obstacles to progress.

As a reminder, the CLOC Global Institute starts on May 10. You can sign up now to join discussions on everything from the state of the industry to advancing the strategic direction of a corporate legal department and beyond.

(Source: CLOC)

#4

The Future of Contracting: CLM Automation with AI at Lenovo

Contract lifecycle management (CLM) software and AI continue to transform legal operations by allowing for faster and more efficient contracting processes – something that can benefit every company out there. The combination of CLM and AI also allows organizations to enhance risk and spend management, improve revenue and profit margins and increase visibility into counterparty relationships.

Companies that are looking to reap the benefits of digital transportation can learn from those who have successfully undertaken the transformation journey before them. In a recent webinar for the World Commerce and Contracting Association, the Lenovo Legal Department provides an important touchstone for legal operations resources by describing how they did just that, laying out the crucial factors that led to success and the ability to improve efficiency by 30% with contract AI.

(Source: Onit)

#5

Law Firm (Mostly) Goes Meeting-Free to Address Fatigue

It’s no secret that nearly everyone across the legal industry is suffering from at least some level of burnout after the past year. But what can we do about it?

For Dentons, one idea has been to place a pause on meetings for a week to allow employees to either take time off or play catch-up. The no-meetings week, which occurred the last week of April, applies to standing meetings but not to project and client deadlines. It’s not the first time the firm has tried this approach – they had a similar no-meetings week in December 2020. While the larger question remains as to whether the move is enough to combat a year of pandemic-related stress, the pause is an excellent recognition of the past year’s unique demands.

(Source: ABA Journal)

Get the inside track on legal operations resources and trends, the very best events and helpful content from the legal community by joining Lean Into LegalOps today. The program provides members of the legal community with a forum to share and learn from one another via webinars, debates and weekly catch-up calls. Visit this page to join.

Three Examples of In-House Legal Operations Excellence

It’s no secret that in-house legal operations faced a 2020 that was anything but business as usual. As the pandemic stretched on for far longer than anyone expected, companies found new ways to do business, accommodating employees who were now working from home and implementing technology solutions that would streamline processes and replace manual tasks and in-person activities.

In-house legal operations professionals took the lead at many companies to figure out how to see organizations through the pandemic. In some cases, this meant overhauling processes and procedures that had been in place for years or even decades. Simply put, legal operations teams became the masters of the new normal.

Following are three examples of how legal operations flipped conversations from uncertainty to success during challenging times.

1. Building a Technology Roadmap for Legal Success

Even the world’s most well-established corporations faced unprecedented challenges and found new ways to surpass them.

When the pandemic hit, fast-food giant McDonald’s made responding to it and helping employees adapt top priorities. The McDonald’s in-house legal operations department placed other company goals aside if they didn’t immediately contribute to its crisis response. Their first step was to survey the organization’s various business and legal teams to identify their technology needs and wish lists. From there, legal operations created an aspirational roadmap for getting the most effective technology into the hands of the company’s global teams.

Three overriding needs emerged from the survey:

  1. A rebalancing of workloads
  2. A reduction in workloads
  3. A means for self-service

Using sophisticated platform technology, the legal operations team created systems to address each of these needs – ones that were flexible enough to quickly respond if needs shifted or changed. At the end of the day, a platform approach allowed McDonald’s to build the workflow and collaboration solutions needed to respond to the COVID crisis and keep the company moving forward.

To listen to the McDonald’s story, visit here.

2. Embracing Enterprise Legal Management

Handling domestic business was hard enough for most companies during the pandemic. But corporations with an international presence faced additional unique challenges – especially if they didn’t have the right technologies.

Jaguar Land Rover North America (JLRNA) is a perfect example. As a multinational corporation, JLRNA routinely has to respond to international legal service requests. Unfortunately, though, they lacked the technology to do it efficiently during the onset of the COVID-19 crisis.

JLRNA’s in-house legal operations team acted quickly to implement a sophisticated enterprise legal management solution that was customizable, allowing them to track and manage all the different areas of the company in the ways they needed to. Within the enterprise legal management system, they also created a document repository for storing contracts and capturing contract data and a system for submitting legal service requests. By replacing rudimentary matter management processes with an ELM solution, JLRNA legal operations provided the company with a seamless transition to a new way of doing business that could adapt.

You can hear JLRNA share their journey in this podcast.

3. Adapting Existing Solutions to Meet New Problems

Much of the focus in discussing how organizations navigated recent challenges has been on the adoption of new technologies. For some in-house legal operations, though, the answer was to leverage tools and solutions that had already been implemented. That was the case for publishing company Pearson.

Pearson had already implemented a comprehensive contract lifecycle management (CLM) solution to help contain costs. In 2020, that CLM solution served as the foundation for Pearson’s legal department to create the Transaction Services Center (TSC), an effective means for handling high-volume, low-risk standard agreements. This freed up internal counsel to focus on more complex agreements and activities that helped support the business. Having a comprehensive CLM solution enabled Pearson to better handle legal service requests, review and approve contracts, and respond to legal advisory requests, at the same time achieving savings, increasing efficiency and gaining unprecedented visibility into contract portfolios and internal workloads. The results were so impressive, Pearson won the Association of Corporate Counsel’s Value Champions Award.

You can hear Pearson’s story here.

No one can predict for sure when the pandemic and its effects on business will end. Until it does, in-house legal operations professionals will continue to play a crucial role in guiding their organizations to success. The stories above are just a few perfect examples of how ingenuity and technology make that possible.

You can read more about corporate legal departments transformations in this eBook:

Lean Into LegalOps: The Ultimate Guide to Legal Operations in the New Normal and Advice from Transformative Corporate Legal Departments.

Meet the New Onit User Interface: A Quicker Way to Tackle Automation and Workflow for Corporate Legal

The technology demands for most corporate legal departments have become increasingly more complex in the past decade – especially for automation and workflow. With corporate legal prioritizing efficiency, cost control and collaboration across the enterprise, technology must be flexible enough to meet ever-evolving needs and easy enough to use to encourage widespread adoption.

Onit understands, which is why we’re excited to announce our new user interface. The enhanced design allows corporate legal professionals, Onit App builders and business collaborators in departments such as compliance, sales and IT to create, collaborate and get more done in fewer clicks.

The new UI provides a cleaner visual language, enhanced indicators and status effects and a more straightforward way to identify and act on pertinent data and deadlines. Powered by Onit’s no-code platforms for workflow automation (Apptitude) and AI-based business intelligence (Precedent), the even more intuitive experience maximizes productivity for enterprise legal management, contract lifecycle management, legal service requests, legal holds and more.

No Automation and Workflow Challenge Too Big or Too Small to Solve with Onit

Our new UI joins a variety of Onit innovations that make it simpler to streamline and automate critical processes. Thanks to our no-code platforms and intuitive UIs, legal operations professionals and in-house counsel can create time-saving, automated Apps that simplify automation and workflow.

Our Process Builder provides a visually oriented, drag-and-drop interface that allows users of all levels of technical proficiency to build workflows. It removes learning hurdles by making it easy for users to understand how to build applications, allowing corporate legal to create Apps in minutes.

To see this in motion, check out our Hack the House competition.  Corporate legal professionals from companies including Colgate-Palmolive, Corteva Agriscience and McDonald’s identified business needs for areas such as diversity, IP and HR and created Apps and solutions to meet them in three weeks. In the end, Team IP won by creating Apps and a solution that automated the trademark renewal process.

Onit’s AI also provides a valuable edge for automation and workflow. ReviewAI uses artificial intelligence to quickly review, redline and edit all types of contracts, increasing productivity by more than 51%. ExtractAI leverages AI-based software to extract and obtain usable data from executed, legacy and third-party paper contracts.

To learn more about Onit, our new UI and our platforms and products, reach out to [email protected] or schedule a demonstration.