Category: Company News and Events

Join us for our discussion, “Process Matters: ELM Redefined – Beyond Traditional Legal and Spend Management – Law Department Operations for the 21st Century” at the CLOC Annual Legal Operations Institute on Tuesday, May 3 in San Francisco.

Led by Onit founder and CEO, Eric M. Elfman and David Cambria, Global Director of Operations – Law, Compliance and Government Relations, Archer Daniels Midland (ADM), the two thought leaders will discuss trends in the Enterprise Legal Management (ELM) space and highlight how “process” is redefining how legal department operation managers provide “continuous” value to their company.

Topics of discussion will include:

• Why systems of record are not enough to drive operational improvements at ADM
• Why e-billing and matter management technology only represent a “fraction” of the legal department’s needs
• Why process, workflow and collaboration are critical for the success of his legal department
• How a business automation tool solves all process needs beyond e-billing and legal spend management
• Key benchmarks and metrics that drive innovation and transformation in legal operations and performance management

Evolving legal departments like ADM are thinking beyond traditional Enterprise Legal Management Solutions (ELM) solutions that focus only on legal and spend management to influence how they can drive change enterprise wide with operational efficiency, reduced costs and most importantly process improvement.

We’re looking forward to hosting this engaging session and hope you’re able to attend. Click here for a complete list of planned sessions for the May 2016 Institute. Check out our Events Page for more information about upcoming tradeshows we’ll be attending near you.

Onit’s had a busy year so far! We were recently nominated as the 2016 Best Matter Management Vendor and now a fantastic write up on the TechnoLawyer Blog. We work hard to consistently innovate our solutions and tailor them to the needs of busy law departments.

No other ELM vendor approaches legal department operations with “process” as its foundation. The TechnoLawyer Blog outlines the key features that set Onit apart from the competition:

“There’s a saying that every spreadsheet would be better expressed as a software program. Onit co-founder and CEO Eric Elfman found that lawyers in legal departments used a combination of spreadsheets and email to track processes ranging from board minutes to contract review and approval to legal matter assignments and much more.

This explains why Onit goes beyond traditional matter and spend tracking. Onit itself offers what Elfman calls a “process platform” that you can use as your primary system or as a means to augment your core software, including for the tasks noted above. Additionally, your department can create its own custom Onit Apps to fulfill specific needs.”

Read the rest of the article here.

Onit’s solutions can help your legal department:

• Drive process improvements in all areas of legal operations
• Enhance responsiveness to your clients and transparency within your legal operations
• Store all matter information in one secure location
• Simplify and eliminate unnecessary time-consuming tasks

Interested in learning more about how Onit can save you time and money with automation? Schedule a demo with us today!

Are you ready for the first ever Corporate Counsel readers choice survey? Onit has been nominated as one of the Best Matter Management Vendors of 2016!

We have worked hard to create Matter Management solutions that set us apart from others in the industry. Take the survey now to ensure that Onit comes out on top!

According to Law360.com misuse of technology is one of the top 5 ways that lawyers waste time. What’s the point of all of these technological advancements if they are too complicated or time consuming to be of value? Onit’s Enterprise Legal Management (ELM) solution are designed to simplify and streamline the way legal departments manage matters, budgets and processes.

Our matter management solution can help your corporate legal department:

• Gain visibility into your matter portfolio and legal risk
• Enhance knowledge sharing and collaboration with team members
• Store all matter information in one secure location
• Report and context sensitive analytics through configurable dashboards

Onit is committed to making things easier for lawyers with automation. Time is valuable and we strive to expedite law department processes and eliminate unnecessary manual tasks. We’ve created a “system of engagement” that supports highly integrated, collaborative legal work that reinforces an enterprise’s business goals.

With clients like ADM, The Home Depot, and Under Armour – Onit is one of the most trusted names in the industry.

Click here to learn more about how Onit is creating a new class of ELM solutions.

It is with great enthusiasm that we were mentioned in Gartner’s February 4, 2016 Market Guide for Enterprise Legal Management Solutions¹ report.

As stated by Gartner, “purpose-built enterprise legal management solutions can improve legal department efficiency and lower overall enterprise risk.”

That is fundamental to what we believe at Onit. Now more than ever, legal departments are being asked to do more with fewer resources. They have expanded responsibilities and cost pressures to deliver legal services more efficiently. Additionally, the scope of in-house legal service is expanding and data breaches and the associated risks are accelerating.

Below are some key findings from the Gartner ELM Market Guide:

• There is less of a need for e-billing and more need for workflow/collaboration
• Leveraging spreadsheets, email and homegrown solutions, although prevalent, is becoming unsustainable
• Investments in ELM technologies can optimize the GC’s day to day operational efficiency by automating and streamlining tasks and processes

Onit is a new type of ELM solution unlike any other provider currently in the market. Built with more than two decades of experience from industry thought leaders, process efficiency, workflow and collaboration is core to our technology.

Our ELM solution helps corporate legal departments:

• Drive operational improvement easily
• Create workflows that are unique to your legal and business processes
• Configure ELM solutions quickly with minimal IT involvement
• Supplement or replace the capabilities of your current ELM system with advanced automation

In fact, innovative companies like ADM, The Home Depot, ZS Associates, SSM Health and Under Armour are already driving efficiency, increasing transaction velocity and reducing cost because of their investment with Onit. Read more about what our customers are saying about us.

Learn more about our ELM solution or download our ELM white paper.

1. Gartner: Market Guide for Enterprise Legal Management Solutions, 4 February 2016.

Join us on Wednesday, October 14 at 1:00 p.m. CDT for a webinar with Archer Daniels Midland (ADM) and Forrester Research as we talk about market trends and the new e-billing and legal spend management landscape.

E-billing and legal spend management technology has been around for nearly 20 years yet legal departments still think “innovation” means tracking matters and managing legal spend. This decades old technology is at the end of its technology curve – until now.

This webinar will highlight:

• Why systems of record are not enough to drive operational improvements
• Why traditional enterprise legal management (ELM) systems fall short
• Why e-billing and matter management technology only represent a fraction of a legal department’s needs
• Why process, workflow and collaboration are critical for a legal department to succeed

Guest speakers include:

• David Cambria, Global Director of Operations, Law, Compliance and Government Relations, Archer Daniels Midland (ADM)
• Cheryl McKinnon, Principal Analyst serving Enterprise Architecture, Forrester Research
• Paul Zengilowski, Customer Development Executive, Onit

REGISTER TODAY

To learn more about our e-billing and matter management solution, download our white paper on enterprise legal management

The Association of Corporate Counsel recently announced their list of 2015 ACC Value Champions, a prestigious list of “value leaders” who have successfully transformed their departments to better meet corporate growth objectives. Onit is delighted to congratulate our client, the Legal Operations Center at AIG, for their big ACC Value Challenge win! The purpose of ACC’s Value Challenge is to share industry best practices and to reconnect the value and cost of legal services. This is the second year in a row that one of Onit’s clients has been named an ACC Value Champion. In 2014, ZS Associates won the prestigious award in part for their innovative use of technology, including Onit Apps. We are proud that Onit was able to assist AIG in their success this year!

AIG’s Legal Operations Center (LOC) and the innovative way they addressed their complex process issues, saved the company an impressive $200 million in legal costs in 2014. ACC’s profile of AIG entitled, “Leveraging the Ops Function to Tame the External Spending Beast,” describes four major ways AIG transformed their legal enterprise for the win:

Firm Management
Given the complexity of the fact that AIG contracts with over 1,200 external law firms, the legal operations team designed a consistent, competitive, transparent process to standardize rates and terms. Creating and deploying Onit’s App Builder Platform was an important part of AIG’s strategy. The App Builder enabled AIG to customize a workflow and reporting App that addressed their unique set of challenges. ACC’s Jennifer Salopek writes,

“The team has automated workflows and reporting supported by Onit’s business process management platform, and uses DocuSign to support its contracting needs with law firm panel members. By employing competitive, market-driven tools, the LOC was able to realize reductions in hourly panel rates ranging from 2 to 32 percent.”

Process and Information Management
In order to better understand and predict their legal spend, the AIG team undertook a two-year initiative to develop industry-leading analytics capabilities for five major claims lines of business and created self-service dashboards to compare performance using real-time data.

Alternative Fee Arrangements
The AIG team reduced their costs by 20% over the typical hourly rates by restructuring the way they pay outside counsel for high-frequency, low-complexity matters.

Legal Vendor Management
AIG reduced the cost of e-discovery between 40 – 60% by efficiently leveraging non-firm specialist providers.

Click here to read more about AIG’s Value Challenge win and learn more about the other companies recognized this year.

To learn more about ACC’s Value Challenge, visit the website.

How do you transform your in-house practice to meet the growth needs of your company?  Onit’s App Builder Platform can help!

Contact us today to see how our Enterprise Legal Apps can transform your legal department and “possibly” make your team an ACC Value Challenge winner in 2016.

Onit will moderate a panel discussion at the inaugural ACC Legal Operations Conference in Chicago, June 3 at the Intercontinental Chicago Magnificent Mile. The sold-out event, hosted by the Association of Corporate Counsel, will focus on the fast-evolving and ever-important topic of legal department operations. Some of the key topics the conference will address are the rapidly changing technology environment, improving efficiency across the legal department, and prioritizing legal ops improvement initiatives.

Paul Zengilowski, Client Development Executive at Onit, will present a panel discussion entitled, “Innovation and the Law Department of the Future; Deploying Technology to Improve Service and Drive Actionable Analytics,” on Wednesday, June 3 at 4 pm. Panelists will include David Cambria, Global Director of Operations – Law, Compliance, and Government Relations at Archer Daniels Midland Company and Mark Barron, Quality Manager, Legal at Johnson Controls, Inc. Our panelists are at the forefront of an important shift in thinking that “changes the game” from operational efficiency and cost cutting to deploying technology that dramatically improves service and drives analytics that have predictive and actionable value.

Zengilowski, Cambria, and Barron will discuss best practices from both the perspectives of the technology provider and corporate legal department operations.

Join us at ACC’s Legal Operations Conference on Wednesday, June 3^rd to learn how:

• Embracing best practices and technology can help you manage and optimize your complex business processes
• Using data and developing metrics can help you understand how work gets done, and how to streamline that work from end-to-end
• Undertaking technology initiatives can drive stronger collaboration and better outcomes across the legal enterprise

To learn more about the inaugural ACC Legal Operations Conference and view the full agenda, click here.

Find out how Onit can help your law department operations team innovate to meet today’s and tomorrow’s strategic challenges. Schedule a demo or contact us today!

Read more on our blog:

Ten Things You Need to Know About Enterprise Apps

Onit will be presenting a CLE session on contract administration best practices at the Association of Corporate Counsel’s Corporate Counsel University® conference in Dallas, May 18, 2015. The conference held from May 17 – 19 at the Dallas Marriot City Center, is designed for lawyers who are new to in-house practice or looking to sharpen fundamental practice skills. The two-and-half-day conference provides CLE-accredited sessions on a variety of topics including data security, managing external counsel, and departmental operations issues.

Paul Zengilowski, Client Development Executive for Onit, will be part of a panel entitled “Contracts Part II: Review, Approval and Management” on Monday, May 18 from 11:15 am to 12:45 pm. Joining Zengilowski on the panel are P. Keith Daigle, Senior VP, Legal Affairs & General Counsel at Nestle Health Science – Pamlab, Inc.; Scott Depta, General Counsel at Active Power, Inc.; and Elitza Meyer, Senior Counsel at McKesson Corporation. The panelists will discuss how their departments are currently managing contracting processes and what software and tools they are engaging to help provide structure and accountability to this vital workflow.

What will you learn in this session? Here are some of the key topics we will discuss:

• There are many stakeholders involved in the contract workflow, including non-lawyers (e.g. paralegals). How do you manage the involvement of many parties without affecting the overall efficiency of the process?
• What does the contract approval process look like for Nestle Health Science, Active Power, and McKesson Corporation? We’ll provide a map.
• What sorts of technology and tools exist to manage the contracting process? We’ll cover the full spectrum, from decades-old tools to enterprise-level software.
• Learn what to look for in an effective tool for managing your contract workflow, from contract creation to reporting and analytics.
• Practical tips and best practices from the panelists on how your legal department can become a better facilitator in the contracting process within your organization.

For more information or to register, visit ACC Corporate Counsel University.

To learn more about how Onit can help you map out and manage your contracting process more effectively, contact us or schedule a demo today!