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Onit’s CEO to Speak at 34th Annual Corporate Counsel Institute

HOUSTON, TX — (MARKETWIRE) — 05/03/12 — Onit, a leading provider of business productivity and process management apps, today announced that its CEO, Eric M. Elfman, will join a panel discussion during the 34th Annual Corporate Counsel Institute centered on cloud computing.

The conference, scheduled for May 3-4 in Houston and hosted by the University of Texas School of Law and the Corporate Counsel section of the State Bar of Texas, will welcome in-house counsel eager to discuss issues ranging from labor, employment and privacy law updates to the latest advances in legal technology.

Elfman’s session, titled “Cloud Computing,” is scheduled for May 4 at 10 am CT and includes insights from fellow panelist Edward A. Cavazos of Bracewell & Giuliani LLP. The presentation will focus on the various legal issues involved in contracting for and using cloud computing-based services. This includes special contracting concerns for purchasers of Software as a Service (SaaS) and other cloud offerings, security and privacy issues and an analysis of responsibilities and risk allocation between vendors and purchasers.

“Many corporate law departments have a vast amount of technology at their disposal such as matter, spend and case management solutions yet chief legal officers still cite their two largest challenges as managing a law department’s workload and workflow,” said Elfman. “Cloud computing offers an unparalleled opportunity to remedy these problems, which will allow in-house counsel and its leadership to quit operating on a day-to-day level and focus on strategic operations and initiatives.”

To learn more about this presentation or to register for the event, visit http://bit.ly/IXGCfw. To speak with Elfman or to request a similar presentation for your legal organization, contact Jill Black at [email protected].

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit to Discuss the Convergence of Legal Technology and Cloud Computing at Managing Litigation Forum 2012

NEW YORK, NY — (MARKETWIRE) — 05/02/12 — Onit, a leading provider of business productivity and process management apps, today announced that Paul Zengilowski, Customer Development Executive, and John Gilman, Director of Products, will present at the Managing Litigation Forum 2012. The duo will focus on the benefits of cloud computing and how law departments can leverage the increasingly app-centric approach to technology deployments in a session scheduled for May 3.

Based in New York City, Managing Litigation 2012 will host hundreds of corporate counsel interested in litigation readiness and how to put project management principles into practice.

Renowned for its many benefits such as lower costs and quicker deployments, cloud computing has gained rapid adoption across multiple industries. Zengilowski and Gilman will discuss its basics, benefits and potential applications for corporate law departments including:

  • Unique problems faced by chief legal officers and corporate counsel
  • Benefits of cloud-based apps as compared to Enterprise Management Systems
  • Cloud-based apps and how they can increase productivity and efficiency in today’s legal organizations
  • Achieving meaningful organizational improvements through targeted initiatives that don’t require big change or investment

To learn more about the conference and this presentation, visit http://bit.ly/IqED4L. To speak with Zengilowski or Gilman or to request a similar presentation for your legal organization, contact Jill Black at [email protected].

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Executives to Speak at Texas Lawyer In-House Counsel Summit

DALLAS, TX — (MARKETWIRE) — 03/28/12 — Onit, a leading provider of business productivity and process management Apps, today announced that its CEO Eric M. Elfman and Customer Development Executive Paul Zengilowski will present at the Texas Lawyer In-House Counsel Summit in Dallas on March 29, 2012. Onit, joined by other industry thought leaders, will present best practices for in-house counsel on a variety of practice areas. The three-hour CLE program is being hosted at the Belo Mansion & Pavilion from 8:00 a.m. – 1:45 p.m.

Onit’s session, “Cloud Computing & Legal Technology” will highlight the various advantages and legal issues surrounding cloud-computing services. The presentation will explore why cloud computing is important and how it will likely impact your business. There will also be an exploration of the legal and contracting considerations for your legal department. Additional topics of discussion include:

  • What are the legal department applications of cloud computing
  • What you need to know before contracting for services with SaaS vendors
  • The legal, technical and ethical issues of cloud computing services
  • An overview of best practices for cloud computing contracts
  • How collaboration and transparency enabled by cloud computing can increase the law department’s value to the organization

Ed Cavazos, a partner with Bracewell & Giuliani LLP, will join Eric Elfman and Paul Zengilowski as a panelist for this discussion.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Joins Legal Cloud Computing Association (LCCA)

HOUSTON, TX — (MARKETWIRE) — 02/22/12 — Onit, a leading provider of business productivity and process management apps, today announced it has joined the Legal Cloud Computing Association (LCCA), a consortium of leading cloud computing providers.

The LCCA was created to facilitate the adoption of cloud computing among legal professionals and provide a unified and consistent voice for vendors in the legal cloud computing market. Additionally, the organization is responsible for collaborating and cooperating with Bar Associations and other policy-forming bodies in efforts to form policies and guidelines relating to the use of cloud computing in law practices; defining standards and best practices; and providing educational resources to attorneys and the broader legal community on cloud computing.

Onit joins the LCCA’s existing membership, consisting of leading cloud-based vendors including CalendarRules.com, Clio (Themis Solutions Inc.), Dialawg, DirectLaw, Inc., NetDocuments, Nextpoint, RealPractice, Inc., Rocket Matter and Total Attorneys.

“We’re excited to welcome Onit as the newest member of the LCCA,” said Jack Newton, acting president of the LCCA and co-founder and CEO of Clio. “With Onit’s support we will continue to be a voice for the legal cloud community and help educate lawyers about cloud computing best practices, regulatory issues and cloud-based apps and technologies.”

Created on December 15, 2010, the LCCA’s goal is to promote standards for cloud computing that are responsive to the needs of the legal profession and to enable lawyers to become aware of the benefits of computing technology through the development and distribution of educational and informational resources.

Visit the LCCA website for additional information about the organization and responses to the ABA Commission on Ethics 20/20 Proposals and the North Carolina State Bar Proposed Formal Ethics Opinion. Contact LCCA Acting President Jack Newton for membership information.

About the Legal Cloud Computing Association

Formed in 2010, The Legal Cloud Computing Association (LCCA) is the collective voice of the leading cloud computing software providers for the legal profession. The LCCA consists of Clio (Themis Solutions, Inc.), Dialawg, LLC, DirectLaw, Inc., NetDocuments Inc., Nextpoint, Inc., Onit, RealPractice, Inc., Rocket Matter, LLC, and Total Attorneys, LLC. To find out more about the LCCA, visit http://www.legalcloudcomputingassociation.org/.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Unveils Legal and Governance, Risk & Compliance Apps at LegalTech(R) New York 2012

NEW YORK, NY — (MARKETWIRE) — 01/30/12 — Onit, a leading provider of business productivity and process management apps, today unveiled new apps at LegalTech New York 2012® for Legal and Governance, Risk & Compliance departments. Designed to help business and legal teams become more efficient at what they do, Onit Apps streamline operations, automate processes, drive control costs and help reduce company risk.

Onit Apps bring consumer-like application simplicity to the business enterprise. Process is inherent in everything a company does. Onit Apps are designed for business managers that need more than email and spreadsheets to automate, manage and track business-critical processes.

“Onit Apps are different than other business process tools in the market today,” commented Eric M. Elfman, CEO of Onit. “They are built to deliver real value to the business user and designed to simplify business processes like contract review and approval, NDA requests, ethics violations, whistleblower reports, IP infringement, etc. Onit Apps are unique in that they let business users consume and interact with data in a way that is familiar to them, similar to the way they engage with Facebook, LinkedIn, and Twitter.”

Onit Legal Apps

Processes are integral in every department and legal is no exception. Onit’s Legal Apps can be tailored for any legal process and are designed specifically for the business user — not IT. Some of the compelling features include real-time notifications, custom templates, flexible workflow, easy-to-use checklists and collaboration features. Today, Onit has Apps for the following processes:

Onit Governance, Risk & Compliance Apps

Ethics and compliance policies are necessary to minimize a company’s risk and exposure. As companies struggle to do “more” with fewer resources, Onit’s Apps can bridge the gap to make compliance easier, more consistent and effective. Unfortunately, human-driven processes leave an organization exposed to risk and potential lawsuits. Onit’s Apps were designed to mitigate these claims by simplifying and automating the process. Onit’s Governance, Risk & Compliance Apps include:

Pricing & Availability

Onit’s Legal and Governance, Risk & Compliance Apps are available immediately and pricing is based on a monthly subscription. Onit Apps are cloud-based so there is no software to install or expensive upfront investment. Demos of all the apps will be shown during the LegalTech New York 2012 tradeshow in the Cyber Café Monday, January 30 – Wednesday, February 1.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Receives $4.1 Million Investment Led by Austin Ventures

HOUSTON, TX — (MARKETWIRE) — 01/17/12 — Onit, a leading provider of business productivity and process management apps, today announced that it has raised $4.1 million in Series B funding led by Austin Ventures. Also participating in the round are the principals of RedHouse Associates, a leading Houston incubator and consultant that specializes in providing strategic advice and services to entrepreneurs and technology start-up companies. Onit plans to use the funding to accelerate product innovation and expand its line of business productivity and process apps to help companies streamline operations, improve employee productivity and drive customer value.

“Onit is a unique offering for business users that need to solve business problems with easy to use apps,” commented Eric M. Elfman, the CEO of Onit. “Onit Apps streamline everyday processes and empower managers across all departments, business units and divisions to achieve total visibility and management of their business processes. This funding will be used to develop a sales and channel strategy, expand outside the legal vertical, build out the Onit App Builder (a self-service tool for end users to create their own Onit Apps), and make key hires in Engineering, Sales, and Marketing.”

“Process is inherent in everything a company does to make it as efficient, productive and profitable as possible,” said John Thornton, General Partner at Austin Ventures. “Onit Apps are for companies that can’t justify the spend for a full-blown Business Process Management (BPM) tool but that still need more than email and spreadsheets to automate, manage and track business-critical processes. We are excited to be a part of this innovation to equip business users with powerful tools that don’t require an expensive investment or IT resources.”

John Thornton, General Partner of Austin Ventures will join Doug Erwin, RedHouse Chairman and Principal, and Eric Elfman on the Onit Board of Directors. Erwin will serve as the Chairman of the Board.

About RedHouse Associates, LLC

RedHouse Associates provides strategic advice and services to assist entrepreneurs in developing business plans, devising product strategies, growing sales organizations, preparing senior management teams for interaction with investors, and advise our clients on raising capital and strategic exits. Visit www.RedHouseAssociates.com for more information.

About Austin Ventures

Austin Ventures (“AV”) has worked with talented entrepreneurs to build valuable companies for over 25 years. With $3.9 billion under management, AV is the most active venture capital and growth equity firm in Texas and one of the most established in the nation. With an investment focus on new media, Internet, information services, business services and supply chain, and financial services. AV invests at all stages of company development, from $100,000 in “planned experiments” in early-stage ideas to $100+ million investments in expansion rounds and recapitalizations. AV’s strategy is to partner with talented executives and entrepreneurs through its CEO-in-Residence and Entrepreneur-in-Residence programs. Visit www.austinventures.com for more information.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit deploys Onit Apps to simplify business process automation and improve business productivity across all departments and industries. The Onit App Builder allows business users to drive efficiency and productivity by combining business process management, project management, and information management into one easy to use tool so the user can create their own Onit Apps without having to rely on IT for support.

Businesses have processes for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. With Onit Apps, processes are automated in a few clicks, responsible parties are notified immediately, and data collection is centralized. Onit doesn’t require any software to download or resources from IT. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

RedHouse Associates Announces Partnership With Onit

HOUSTON, TX — (MARKETWIRE) — 08/23/11 — RedHouse Associates, one of Houston’s newest, startup accelerator teams, today announced a partnership with Onit, a leading provider of Enterprise Process Management (EPM) tools. RedHouse will work closely with Onit to accelerate product development, add functionality to its existing products and prepare it for future growth. Currently, Onit’s products serve all markets that have a need for affordable process management solutions.

“At a time when the broader economic conditions are distressing, we are delighted with the enthusiasm shown by RedHouse Associates for Onit,” said Eric M. Elfman, the CEO of Onit. “The exceptional caliber and management expertise of RedHouse Associates is a tremendous asset to the Onit team. We are excited about the market opportunity and believe that RedHouse Associates will help accelerate our growth.”

“After our first meeting with Onit, it was clear that they are able to deliver the next generation of Enterprise Process Management,” said Mike Clark of RedHouse Associates. “The founders of Onit are proven entrepreneurs and we are excited about the size of the market, the potential sales pipeline, and referenceable customer base.”

About RedHouse Associates, LLC

RedHouse Associates provides strategic advice and services to assist clients in developing business plans, devising product strategies, growing sales organizations, preparing senior management teams for interaction with investors, and advise our clients on raising capital and strategic exits. Visit www.RedHouseAssociates.com for more information.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit Project is a light-weight online project management and business collaboration tool for legal and business professionals. Onit Process, the company’s latest product release, is a game changer for all companies that need to be more efficient, productive and process-driven. Businesses have process for everything — whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. Onit Process simplifies data collection and makes is easy for all employees to request business and legal services. Processes are automated in a few clicks and the responsible party is notified immediately. Onit is a simple, easy-to-use tool that doesn’t require any software to download. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Announces Strategic Partnership With Mosaic Consulting

HOUSTON, TX — (MARKETWIRE) — 08/16/11 — Onit, Inc., a leading provider of online project, process, and legal spend management tools, and Mosaic Consulting, a leading consulting firm in the corporate legal community, today announced a strategic partnership to offer Onit Process to the market. This partnership gives corporate legal departments a powerful solution to automate legal processes, drive legal operational efficiency and extend legal services beyond the legal department.

“This partnership is a major win for us,” said Eric M. Elfman, the CEO of Onit. “Mosaic possesses a unique combination of technical and management skills and has a proven track record in the corporate legal environment. Combining this caliber of consulting services with our innovative technology is of significant value to the legal market for many reasons. Most importantly, it empowers legal departments to quickly implement new technology and see significant productivity gains and cost savings within weeks of deployment.”

Onit’s SaaS offering combined with Mosaic’s consulting expertise makes it easy for any legal department to get started on a legal process management initiative. Mosaic’s established practices for optimizing legal operations are integral to the success of this partnership. By joining forces, legal departments will have a powerful solution to help reduce legal costs, better manage complex workflows and minimize company risk and exposure.

Dan Hamilton, president of Mosaic Consulting, sees the partnership as a power play in the industry. “Legal project and process management are here to stay. Onit truly understands the unique needs of the legal industry and has the technology to make automating legal and business processes standard practice in all legal departments, regardless of their size. The technology is easily customizable and uses a simplified interface unlike any in the industry. By joining forces, we can help corporations realize the real value of practicing law shouldn’t be tied up in administrative tasks but rather in practicing law by appropriately utilizing technology. We are uniquely positioned to make the implementation seamless and produce immediate ROI so your lawyers can focus on what matters most — practicing law.”

About Mosaic Consulting

Since August of 2000, Mosaic Consulting has built their business on value and excellent service, possessing a unique combination of technical and management skills, as well as proven experience in the corporate legal and compliance environments. Mosaic enables its clients to optimize the power of their legal information and achieve a significant return on their investment through gains in efficiency, data accessibility and cost savings. With staff based in Atlanta, Orlando and Wisconsin, Mosaic’s core competencies include workflow process analysis, matter management, business intelligence, and technical services. For more information, visit us on the web at www.mosaic-consulting.com.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric A. Smith, co-founders of Datacert, a leading provider of enterprise legal management software. Launched in early 2010, Onit is a light-weight online project management and business collaboration tool for legal and business professionals. Onit Process is their latest product and it changes the way legal departments operate. For the first time, legal services can be extended to the rest of the organization. Legal departments have a process for everything — whether it’s hiring a law firm, terminating an employee, reviewing a contract, submitting a trademark request, or aggregating data about legal department costs. Most of these processes are manual, paper intensive and cumbersome. Onit Process collects all the relevant information before any legal work begins. With Onit Process, “work” finds the attorney so they can focus on what they like best — practicing law. Onit is a simple, easy-to-use tool that doesn’t require any software to download. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Launches New Product to Automate Legal and Business Processes

HOUSTON, TX — (MARKETWIRE) — 06/24/11 — Onit, Inc., a leading provider of online project, process, and legal spend management tools for business and legal professionals, today announced the launch of Onit Process®. Designed to streamline how legal departments operate, Onit Process is the only tool that extends legal services to the rest of the organization making data collection simple and easy. Onit Process is ideal for employees because they can request legal services in a few clicks and track their request online. Law departments benefit because it significantly drives productivity and efficiency and empowers legal departments to provide prompt service to its clients and vendors.

“All legal departments, regardless of their size, have processes for everything to do — whether it’s hiring a law firm, terminating an employee, reviewing a contract or submitting a trademark request,” commented, Eric M. Elfman, CEO and President, Onit. “Most of these processes are manual and paper intensive. Onit Process makes it easy for all employees to request legal services and track the status of their request. Think about it like a legal front office similar to an HR front office where you check the status of your health benefits, flexible spending or 401K investments.”

See Ken & Ted Interact with Onit Process

Watch this short video to see how Onit Process helps Ted (a general counsel) and Ken (a sales manager) collaborate on a contract.

How Does Onit Process Work?

Onit Process lets employees request legal services by using a series of process links. These links can live on a legal department’s home page, a shared drive like an intranet or SharePoint site or can be hosted by Onit. A process in Onit is a combination of a form or forms, a wizard for data entry and collection, and workflow that can be either fixed or variable. A homepage link to a process opens a custom, user-friendly form to collect the information that the legal department needs to begin addressing a legal request.

Onit Process Features

Onit Process enables legal staff members to manage their workload outside of email, spreadsheets and phone conversations. Additional Onit Process features include:

  • Process Automation – All legal and business processes can be automated in Onit Process.
  • Customization – Custom legal forms can be created specific to your legal department.
  • Workflow – Fixed or variable workflow can be created by the project type, scope or budget.
  • Collaboration – Communicating with colleagues inside your legal department is as simple as filling out a form and requesting legal services.
  • Legal Front Office – All employees regardless of their department or location can request legal services with simple, easy-to-use online forms.
  • Manage Resources – Onit Process drives productivity. It’s easy to initiate legal work and your legal staff is not buried in email.

Pricing & Availability

Onit Process is available immediately and comes with templates for standard processes. Processes can also be customized and pricing is based on the number of processes and/or complexity of the workflow. For more information about Onit Process or to schedule a demo, please contact [email protected].

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric Smith, co-founders of Datacert, a leading provider of enterprise legal management software. Launched in early 2010, Onit is a light-weight online project management and business collaboration tool for legal and business professionals. With project management, process management, and spend management features, Onit is an ideal collaborative platform to unify legal knowledge between legal departments and their law firms. Onit also offers full project planning functionality, document management, and enterprise-class security. Using Onit, legal and business teams can manage multiple projects — all within the same view, all at the same time. Onit is a simple, easy-to-use tool that doesn’t require any software to download. For more information, visit onitprostg.wpengine.com or contact 1-800-281-1330.

Onit Launches Premium Product at LegalTech(R) New York 2011

NEW YORK — (BUSINESS WIRE) — Onit, Inc., a leading provider of online project, process, and spend management tools for business and legal professionals, today announced at LegalTech(R) New York 2011 it is launching Onit Premium, an upgraded version of its free product, for corporate legal departments. Designed with input from 12 general and corporate counsels from the Onit Advisory Group (OAG), Onit Premium addresses the market’s growing demand for affordable legal project, process and spend management technology. Onit Premium is a comprehensive system that streamlines business processes, reduces operational costs and unifies legal knowledge between legal departments and their law firms.

“Onit Premium was uniquely developed with feedback from corporate legal departments that have a need for spend management technology but lack the resources or budget to purchase an expensive or cumbersome system,” commented Eric M. Elfman, co-founder and CEO, Onit. “We firmly believe that this technology should be available to all corporate legal departments and cost shouldn’t be a deterrent. Onit Premium is intended for legal departments that want a comprehensive solution that provides transparency into all legal projects, drives cost savings and ultimately yields better outcomes – whether they are project, process or spend-related.”

Onit Premium delivers real value to the entire organization by enhancing communication and collaboration between legal departments and their law firms and vendors. It also empowers legal departments to centralize knowledge and manage their legal projects with more predictability. All documents, notes, tasks, project plan items, etc. are fully searchable in Onit and users can assign multiple tags to any documents. Onit Premium doesn’t require any up-front costs and there is no software to install.

With Onit Premium, corporate legal departments can:

  • Automate current manual legal processes
  • Electronically review and approve electronic invoices from law firms and legal vendors
  • Monitor Alternative Fee Arrangements (AFAs) and compare monthly retainers with shadow bills
  • Create custom process templates specific to a legal department’s needs (e.g. Report Potential Risk, Request Employee Termination, Report Potential IP Infringement)
  • Build custom legal forms for use by all company employees (e.g. Request ReviewAI, Request NDA)
  • Create project budgets and see variance reports on actual vs. projected expenses
  • Create pre-built project templates with relevant notes, documents and project plan items

Pricing & Availability

Onit Premium is available immediately and pricing is based on the number of monthly subscribers. Demonstrations of Onit Premium will be conducted in the Cyber Cafe at LegalTech New York 2011 on the second floor of the exhibit hall. If you are not attending the tradeshow and wish to see a demonstration, please contact [email protected]. To find out how Onit can help your corporate legal department, watch this short video.

About Onit

Onit was formed by legal software industry experts Eric M. Elfman and Eric Smith, co-founders of Datacert, a leading provider of enterprise legal management software. Launched in early 2010, Onit is a flexible, online tool for lawyers and people that work with lawyers. Onit provides business and legal professionals with project management, process management, and spend management in a collaborative platform that unifies legal knowledge between legal departments and their law firms. Because Onit is project-focused, all participants have the same view of project plans, notes, documents, financials and reminders. With Onit, legal and business teams can manage multiple projects — all within the same view, all at the same time. Onit is a valuable, easy-to-use technology that increases productivity and efficiency, and simplifies online collaboration. For more information, please contact 1-800-281-1330 or visit onitprostg.wpengine.com.