Onit Catalyst Matter Benchmarking Accurate budgets start with benchmarks. Staffing, hours, and rates are critical building blocks for understanding the cost of your matters. Onit Catalyst Matter Benchmarking helps you manage your matter costs, from overall costs and staffing to individual tasks and document benchmarks. Book a Demo Matter Similarity Model Matter Benchmarking uses AI, machine learning, and our proprietary Legal NLP to analyze over 10,000 independent factors to identify similar matters from similar firms. Constantly improving, our matter similarity model identifies new matches and rescores old matches to ensure you’re only comparing against the most relevant set of matters. Benchmark Tasks and Documents Stop wondering how many hours that document should take to make — or if it should be handled by partners or associates. Matter Benchmarking analyzes every matter to identify key tasks and documents, then benchmarks staffing and costs against the market and your internal panel. Granular staffing and hours analysis Staffing ratios are just as important to your overall cost as rates. Every report breaks down your matters by both rates and hours at the timekeeper level, comparing both against the market and your internal panel. Learn how Onit can make your legal operations smarter With quick-start implementation, you can optimize your spend faster than ever. Book a Demo
