Archives: Resources

The AI-Native Legal Solution for Seamless End-to-End Legal Operations

Onit Unity is an AI-native legal operations solution that empowers legal teams with automation, analytics,
and strategic control over legal spend, compliance, contracts, and risk.

Get an overview of the Unity solution including key benefits to improve your legal operations.

Simplify Contract Management with AI Contract Extract

AI Contract Extract revolutionizes contract workflows using generative AI to automatically tag critical clauses, obligations, and key data points. By reducing manual effort, enhancing accuracy, and improving visibility, this feature ensures seamless compliance and better contract organization.

Key Benefits

  • Automate tagging to save time and reduce manual input.
  • Improve accuracy with consistent, error-free tagging.
  • Enhance visibility with organized, searchable contract data.

Transform Contract Management with AI Precision!

AI Contract Extract empowers legal and procurement teams to streamline workflows, reduce errors, and maintain compliance with ease.

Streamline Your VAT Invoice Process with Pro Forma Invoices

Pro Forma Invoices simplify VAT compliance by introducing a draft phase, allowing vendors and clients to align before VAT liability applies. With automated validation, reconciliation, and audit tracking, your organization minimizes errors, speeds up approvals, and maintains complete transparency.

Key Benefits

  • Reduce errors and disputes with automated invoice validation.
  • Ensure compliance with VAT regulations through a draft process.
  • Improve efficiency with faster invoice approvals and streamlined workflows.

Discover Transparent, Compliant Invoice Management Today!

Pro Forma Invoices empower legal and billing teams to achieve seamless invoice workflows while maintaining accuracy and compliance.

Automate and Streamline Contract Management with Contracts API

Contracts API seamlessly integrates with external systems like CRMs, automates key workflows, and optimizes contract data management. By enabling programmatic folder creation, document uploads, and advanced reporting, the API simplifies complex processes and drives operational efficiency.

Key Benefits

  • Eliminate repetitive tasks with automated data migration and organization.
  • Enhance decision-making with real-time insights through advanced reporting.
  • Accelerate workflows by integrating seamlessly with external systems.

Unlock the Full Potential of Contract Automation

Contracts API is designed to help legal and operations teams reduce manual effort, improve data accuracy, and scale processes effortlessly while maintaining flexibility and security.

Mastering the Art of Legal Prompting: Advanced Prompting Techniques

Mastering advanced prompting techniques unlocks the true potential of AI systems. Lawyers can derive insights from honing skills in iterative refinement, interactive dialogue, chained reasoning, and leveraging examples.

Explore prompts as a craft through legal analogies in our new “Advanced Prompting Techniques” infographic.

Beyond Signatures: Elevating Contractual Obligations with Proactive CLM

In today’s relentless and high-speed business landscape, Contract Lifecycle Management (CLM) is no longer just a strategic option; it’s a strategic imperative. However, a critical deficiency plagues many modern CLM solutions: the post-signature process and, specifically, their obligations management capabilities. Too many CLMs provide their value from pre-signature until the ink is on the dotted line … and drastically fall off from there. 

So, how can departments maximize their impact through obligations management in their CLM solution? It begins with embracing a proactive, rather than reactive, approach. 

Learn more in our new eBook, Beyond Signatures: Elevating Contractual Obligations with Proactive CLM.  

The Legal Professional’s Handbook: Generative AI Fundamentals, Prompting, and Applications

The advent of generative AI marks a pivotal moment for in-house legal teams. Like any emerging technology, it brings immense opportunities and risks. As teams adopt AI, a crucial question arises – how can we strategically harness its power?

In this in-depth guide, we’ll explore everything you need to know about generative AI fundamentals for legal professionals, the art of legal prompting, guided practical prompting, and much more.

Mastering AI for Legal Professionals: A Practical Course in Generative AI

With the rise of generative AI such as ChatGPT, Large Language Models (LLMs) have emerged as powerful tools with the potential to transform legal through natural language processing and the generation of human-like text. This ninety-minute virtual class delves into the essential aspects that enable legal professionals to use LLMs in the legal domain effectively. Attendees will learn about generative AI fundamentals, practical legal use cases, and strategies to identify, assess, and mitigate potential risks.

In this class, you’ll:

  • Discover the basics of LLMs, including an overview of popular models from Google, Meta, OpenAI, and others.
  • Uncover the pivotal role of prompts in harnessing the true potential of LLMs.
  • Dive deeper into prompt engineering with advanced techniques that amplify LLM performance.
  • Learn to efficiently summarize complex legal content, tackle intricate legal questions, draft precise contract clauses, and conduct meticulous contract reviews.
  • See how LLMs facilitate legal invoicing, manage legal requests, and analyze contracts.

The Intersection of Spend Management and AI

Four Steps to Strategically Manage Outside Counsel

While AI as a concept isn’t new, it’s not always clear how it can be leveraged to address the day-to-day challenges facing in-house legal departments. That’s how we’ve found ourselves here – at the intersection of AI and Spend Management. Are you prepared to negotiate rate increase requests? Do you have an accurate view of law firm performance? Taking a strategic, programmatic approach to actively managing law firm relationships will provide the visibility you need to answer these questions and more.

In this webinar Onit Client Success leaders John Maloney and Kelly Pritchard explore a proven four-step approach to strategically manage law firms, including practical ways to leverage AI in your day-to-day work:

  • Identify, measure and manage KPIs on a periodic basis regarding your outside counsel spend based on what matters most to your organization
  • Understand where your rates fit against market benchmarks to identify opportunities to maximize value and control costs
  • Simplify and standardize outside counsel evaluations and selections with qualitative and quantitative data

Watch the webinar now

Strategic Spend and Vendor Management for 2023

As legal departments prepare for 2023, strategic budgeting and vendor management are more essential than ever. The good news? Legal now has a tremendous opportunity to evolve the effectiveness of your strategic planning.

After the successful digital transformation of the department, it’s time to unleash the full power of your data through high-impact analytics, making the strategic spend decisions that make Legal stand out in an increasingly scrutinized environment.

How can Legal do that? By taking a comprehensive, four-part approach to its strategic budgeting and vendor management. Download our Strategic Spend and Vendor Management 2023 white paper to discover this four-part approach.