Onit is leading provider of Enterprise Legal Management (ELM) solutions for the 21st Century. The Onit podcast is dedicated to making business process automation more approachable.
In this podcast we talk about one of our latest partnerships.
In 2012, Dr. Michael Tal, Dr. Manuel Meder and Konstantin Tadrowski founded BusyLamp. The company, focused on legal spend and matter management for European in-house counsel, has a mission to provide them with the information and analytics they need. Now, BusyLamp has joined the Onit family of companies. With this acquisition, Onit has created one of the largest global enterprise legal management conglomerates. In this podcast, Onit CEO and co-founder Eric M. Elfman joins Michael and Manuel to discuss the acquisition and what it means for Onit, BusyLamp and both company's customers. Show links: Eric M. Elfman on LinkedIn – https://www.linkedin.com/in/ericelfman/ Michael Tal on LinkedIn – https://www.linkedin.com/in/michael-tal-340b5355/ Manuel Meder on LinkedIn – https://www.linkedin.com/in/manuel-meder-288b5155/ Konstantin Tadrowski on LinkedIn - https://www.linkedin.com/in/konstantin-tadrowski-20107089/ Press release - https://www.onit.com/news/onit-acquires-busylamp/ BusyLamp website – https://www.BusyLamp.com Onit website – https://www.Onit.com Thanks for listening!
Legal invoice review often invokes dread and frustration from in-house counsel. After all, which busy lawyer wants to set aside interesting work to review a 100-page law firm bill? Advances like e-billing and billing guidelines have helped the process tremendously, but there's still room for improvement. In this podcast, Onit's Matt DenOuden and Mary Fuzat sit down to discuss the challenges of legal invoice review and how AI finds “between the rules” savings and gives attorneys back time for more strategic contributions. Show links: The video you can't miss (discussed in podcast) - https://www.onit.com/blog/invoiceai-launch-and-video Connect with Matt – https://www.linkedin.com/in/matthewdenouden/ or Matt.DenOuden@Onit.com Connect with Mary - https://www.linkedin.com/in/mary-barcio-fuzat-5701062/ or Mary.Fuzat@Onit.com Information on the Bodhala acquisition and the podcast featuring Eric M. Elfman, CEO of Onit and Raj Goyle, CEO of Bodhala - https://www.onit.com/blog/bodhala-acquisition/ Thanks for listening!
Imagine four waves of legal technology improvement for legal operations. The first, back in the 90s, came from matter management when legal departments started using technology. The second, which blossomed in the early 2000s, focused on electronic invoicing and spend management and addressed the economics of legal matters. The third wave began to crest around 2010, with the introduction of workflow and process management. Now, legal departments are on the fourth wave of transformation. This time, it's actionable intelligence and using data to its fullest extent to enhance legal operations. This fourth wave is what Eric M. Elfman, CEO and co-founder of Onit, and Raj Goyle, CEO of Bodhala, have come together to discuss in this podcast. Onit's acquisition of Bodhala means creating the most complete enterprise legal management solution in the market – one that relies on benchmarking, market intelligence and legal analytics. The two discuss the acquisition, what actionable intelligence means to them and why it's the next revolution for legal operations evolution. Show links: Eric M. Elfman on LinkedIn – https://www.linkedin.com/in/ericelfman/ Raj Goyle on LinkedIn - https://www.linkedin.com/in/raj-goyle-b7b4b75/ Press release - https://www.onit.com/news/onit-acquires-bodhala Bodhala website – https://www.Bodhala.com Onit Enterprise Legal Management – https://www.onit.com/products/enterprise-legal-management/ Thanks for listening!
Let's face it – reviewing and managing NDAs is a pain in the neck for in-house counsel. They're the highest-volume contracts handled by businesses today. In fact, our customers tell us they process between 500 and 100,000 a year. That's a lot of time (and cost) that can be redirected to other contributions. In this podcast, Nick Whitehouse, the GM of Onit's AI Center of Excellence, explains why NDAs are ripe for automation and AI and how corporate counsel can cut their time spent on NDAs by 70%. Show links: Connect with Nick – https://www.linkedin.com/in/nick-whitehouse/ Learn about Automate NDA - http://www.onit.com/nda CLM Process Flow: Making Contracting Easier for Legal - https://www.onit.com/blog/clm-process-flow-making-contracting-easier-for-legal/ Does Your Contract Software Redline Contracts for You? - https://www.onit.com/blog/contract-redlining-software-does-your-clm-ai-redline-contracts/ Thanks for listening!
How does a company grow from $25K in revenue to a worldwide legal technology juggernaut with 10K+ customers? It starts with an idea and grows from there. In this episode, we celebrate 10 years of Onit by talking with its four founders: Eric M. Elfman, CEO, Eric Smith, COO, Jill Black, VP of Marketing and John Gilman, VP of Product Strategy. We'll cover little-known facts about the company, the story of Onit's founding, how it has developed over the past decade and what to expect in the future. Be warned: This is a vocal group! Show links: Read about Onit's 10th Anniversary - https://www.onit.com/blog/onit- celebrates-a-decade-in-legal-tech/ Reach out to Onit's founders: Eric M. Elfman - https://www.linkedin.com/in/ericelfman/ Eric Smith - https://www.linkedin.com/in/ericsmithfifthrail/ Jill Black – https://www.linkedin.com/in/jillblack/ John Gilman - https://www.linkedin.com/in/john-gilman-361320/ Thanks for listening!
What makes legal operations world-class? And how can corporate legal departments get there? These are the ideas we tackle in this episode. Brad Rogers set the stage for corporate legal transformation in our previous podcast with him, where he discussed what factors are driving change in legal. Now, he's drawing from nearly three decades of operational excellence to discuss how to not only transform your legal operations but make them world-class. We discuss areas including the hallmarks of leading legal operations, the idea of intention design and how to self-fund transformation. Show links: Brad Rogers on LinkedIn - https://www.linkedin.com/in/brad-rogers-433b9212/ Podcast: What's Driving Change in Corporate Legal? (interview with Brad Rogers) https://www.onit.com/blog/onit-welcomes-brad-rogers-as-its-senior-vice-president-of-strategy-and-growth/ Thanks for listening!
In less than a year, BT transformed its global legal department, creating award-winning operations that judges described as admirable “not only due to the speed of their roll-out of the platform, but by taking an existing process and migrating it into a streamlined, efficient platform.” In less than three months, the company has been awarded the Legal Innovation Award in the category of Future of Legal Services Innovation – In-House Legal Operations and joined the shortlist for the Legalweek Leaders in Tech Law awards. In this episode, David Griffin, Head of Legal Technology and Change at BT, joins us to discuss the vision for their digital transformation, their record-breaking speed at enacting it, the technology behind it and what results they are already seeing. Show links: BT's website Legal Innovation Awards Legalweek Leaders in Tech Law Awards 2021 David Griffin on LinkedIn Onit on LinkedIn Apptitude, Onit's business process and workflow automation platform Thanks for listening!
Contract lifecycle management is grabbing a lot of buzz in legal. But we all know that buzz isn't the same as substance. Not all CLM technologies deliver a critical component for any tech investment: ROI. In this episode, we chat with Matt DenOuden, Onit's Senior Vice President of Global Sales. We'll discuss how to get past the hype to CLM payoff and the ultimate new ROI opportunity from Onit: our contract lifecycle management solution 60-day money back guarantee. Show links: Onit's CLM Money Back Guarantee: https://www.onit.com/products/introducing-onits-60-day-money-back-guarantee-for-clm Onit CLM AI - https://www.onit.com/products/onit-reviewai/ Webinar replay - The Future of Contracting: CLM + AI Transformation at Lenovo - https://www.onit.com/resources/onit-webinar-the-future-of-contracting-clm-ai-transformation-at-lenovo/ Matt DenOuden on LinkedIn: https://www.linkedin.com/in/matthewdenouden/ Onit on LinkedIn: https://www.linkedin.com/company/onit/ Thanks for listening!
Everyone from tech companies to industry influencers is telling lawyers what they need from AI. And, if there’s one thing about lawyers, they don’t generally like being told what they like. The dynamic should be flipped. So, let’s take a step back and ask this question: Are legal and contract AI technologies giving lawyers what they truly need? What do lawyers think? In this episode, we go straight to the source, interviewing a lawyer about what she expects from AI. Jean Yang is the VP of Onit’s AI Center of Excellence, a lawyer and an AI expert. We talk to her about her experience as a lawyer and her use of technology when practicing law. She’ll also share why Onit’s newly released ReviewAI Smart Checklists improves contract review consistency, lowers contract risks and better supports the business. Show links: Jean Yang on LinkedIn - https://www.linkedin.com/in/jean-yang-10936239/ ReviewAI Smart Checklists recorded demonstration – [LINK PENDING] ReviewAI information - https://www.onit.com/products/onit-reviewai/ Webinar replay - The Future of Contracting: CLM + AI Transformation at Lenovo - https://www.onit.com/resources/onit-webinar-the-future-of-contracting-clm-ai-transformation-at-lenovo/ Thanks for listening!
The legal industry has seen significant changes in recent years – changes that predate the pandemic and have intensified as a result. Legal professionals are thinking differently about the business of law, focusing on new models for driving efficiency and effectiveness. Even as compared to just two years ago, change is happening faster than ever, and on far more sophisticated levels for corporate legal departments and legal operations. While the pandemic certainly accelerated things, these changes were already in progress long before the pandemic hit. Brad Rogers, Senior Vice President of Strategy & Growth for Onit and a former legal operations leader in a Fortune 100 company, sits down with us to discuss the four items fueling changes, including technology, the rise of legal operations, the replacement cost revolution and business model innovation and how corporate legal departments can leverage them to enhance efficiency, save money and spare in-house counsel from time-consuming, low-value work.
In the first part of this blog and podcast series, Eric outlined what AI is at its foundation. In part two, he tackled how AI is already powering legal departments today. Now, Eric is back for the third and final segment of his AI series, which covers the combination of legal AI and automation. With the many different types of legal automation and AI assistance available today, he provides some crucial points to consider for automation and AI’s role in it.
We've ranked again on the Top Places to Work list!
By now, businesses across all sectors recognize the benefits of legal AI in their operations – especially for processes such as contract management. In this podcast, Onit’s VP of product management and patent-holder, returns to discuss how to push past the “white noise” of AI buzz and how contract AI benefits legal operations and processes such as contract lifecycle management.
Artificial Intelligence (AI) is one of the hottest buzzwords in legal technology and legal operations today. But for many legal professionals, there may be a lack of clarity around what artificial intelligence is and how it impacts corporate legal departments. In other words: what makes AI … AI? In this podcast, we sit down with Onit’s vice president of product management to discuss this idea and how you can identify artificial intelligence. If you’d like to learn more about AI and legal operations, here are three reading recommendations: The Essence of Artificial Intelligence: What Is it and What Does it Do for Us? How to Improve Productivity with AI-Assisted Contract Review and Drafting Five Ways Artificial Intelligence Accelerates Pre-Signature Contract Review
In this episode, Onit announces its second acquisition in 30 days – AXDRAFT, a legal document automation provider. Hear from Onit CEO Eric M. Elfman and AXDRAFT co-founder and General Manager Yuriy Zaremba discuss the acquisition and what it means for contract lifecycle management, document automation and contract drafting. Learn more about Onit by visiting www.Onit.com or follow us on LinkedIn. You can also learn more about AXDRAFT at WWW.AXDRAFT.COM
We are joined by Mary Jummati, Managing Director at Morae Global. Metrics are more important than ever during these uncertain times. Learn more about the value legal departments gain through a solid reporting, metrics and benchmarking program.
Onit is pleased to announce that we’ve added Amazon Web Services (AWS) to our infrastructure. The new architecture will easily align with Onit clients’ business needs worldwide, regardless of size or capacity. Clients will have the industry’s best reliability, with AWS designed with fault tolerance and high availability as a core objective.
This timely episode is not to be missed, as it features Christine DiDomizio, legal operations lead at Jaguar Land Rover North America (JLRNA) speaking about their implementation of Onit’s enterprise legal management solution and how their legal department is handling the current COVID-19 crisis.
In this episode, Onit’s CEO and founder Eric M. Elfman discusses the company’s amazing milestone achievements attained in 2019. 2020 is "The Year of the Customer" - tune in to learn more.
This episode features Onit's Senior Product Manager, Victor Cizinauskas. Vic is a leader in Onit's Contract Lifecycle Management initiatives. Onit CLM empowers legal and business teams to streamline the entire contract process, drastically reduce processing time, thereby achieving higher contract compliance rates, and compressed revenue cycles.
In this special episode of the Onit Podcast we are joined by Lauren Chung of HBR Consulting. Lauren outlines the value of filling out the HBR Law Department survey and interesting findings from past surveys.
We are very excited to have a special guest join us to help announce our exciting acquisition news. Thank you to SimpleLegal CEO, Nathan Wenzel, for coming on the podcast and adding more clarity to what's going.
In this very exciting episode of The Onit Podcast we have some big news to share! We believe today is a great leap forward in the ongoing evolution of Onit and the legal operations market and we are proud to continue serving our customers while driving innovation.
Our first episode of the year we're joined by Eric M. Elfman, CEO and founder of Onit. We're excited to announce that Onit has secured an investment of $200 million from K1 Investment Management (K1). With the investment, Onit will scale operations to meet increasing client demand for innovative, market-leading process automation technology and enhance its scalable platform. Additionally, the investment will help fund go-to-market strategies, accelerate new product development and enhance functionality of existing product offerings.
In this episode of the Onit Podcast, Stephane Bullard and Tawnya Thorman from the Customer Success team tell us how they add value to our clients with in-depth support and insights on how to better utilize Onit's solutions. Additional credits: Edited by Urbie Davis of Conduit Podcast Network
In this episode of the Onit Podcast, Matt DenOuden talks about his experiences in the ELM space particularly at Onit. He shares great customer stories and unique business problems that Onit's solutions have helped solve. Additional credits: Edited by Urbie Davis of Conduit Podcast Network
In our latest podcast episode; Jonathan Powers talks about our Apptitude solution. Additional Credits: Special thank you to Wire Road Studios Urbie Davis of Conduit Podcast Network- Recording/Editing/Mixing
In our latest podcast episode; Reagan Haisler talks about our new Contract Lifecyle Management solution. Additional Credits: James Kelly of Wire Road Studios- Recording Urbie Davis of Conduit Podcast Network- Editing/Mixing
In the first episode of the Onit podcast; Ryan Kinsey talks about business process automation and his experiences implementing Onit's solutions. Additional Credits: James Kelly of Wire Road Studios- Recording Urbie Davis of Conduit Podcast Network- Editing/Mixing