Onit is pleased to announce that one of our major clients, Archer Daniels Midland, is a finalist in the prestigious Transatlantic Legal Awards 2017. With assistance from Onit, ADM designed and implemented sustainable processes and systems to “make the complex simple.” ADM’s global rollout allowed real-time access to legal spend and offered predictive metrics and reporting dashboards. Overall, the company reduced its outside legal spend by more than one-third and reduced volatility by using fixed fees and other alternative fee arrangements.
The Transatlantic Legal awards recognize excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm and legal department innovation, commitment to pro bono, outstanding transatlantic strategy, and in-house leaders. The judging panel is made up of senior ALM journalists, Chris Johnson, chief global correspondent, business of law at The American Lawyer and Law.com; and Georgina Stanley and Gina Passarella, editors of Legal Week and The American Lawyer respectively.
The awards gala will take place on Thursday, June 8, 2017 at One Whitehall Place, London SW1, United Kingdom.