O
Onit
AI-powered legal operations platform that streamlines contract management and automates legal workflows for corporate legal teams.
- Pricing
- Enterprise contract
- Built for
- Corporate legal departments
- Funding
- Acquired
- Team size
- 501-1000
- Founded
- 2010
Use cases
Contract draftingContract review/RedliningCompliance monitoringDocument summarizationKnowledge managementClient intake / triageDue diligance
Practice areas
Corporate / M&A
Company
Onit (onit.com) is a company specializing in legal workflow software and legal operations solutions. It provides platforms and tools to help legal teams manage matters, control spend, and streamline decision-making processes. Onit is recognized as a global leader in AI-native legal operations solutions, offering AI-powered products that automate and optimize legal business processes.
One of Onit's AI products is ReviewAI, which uses generative AI to streamline contract management workflows, including drafting, negotiation, review, and execution. The primary target audience for Onit's AI solutions is legal professionals and corporate legal departments seeking to improve efficiency and reduce manual work in legal operations.
Use cases in depth
Onit is an AI-native legal operations platform designed for modern legal teams to manage matters, vendors, spend, contracts, and workflows in one connected system. Here are the main features and functions of Onit:
- Legal Spend & Matter Management: Real-time spend visibility, intuitive matter tracking, and budget control.
- Contract Management & Automation: Automates contract processes from intake to renewal, searchable contract data, workflow automation, and risk reduction.
- Legal Ops & Workflow Automation: Standardizes and automates legal workflows, intake, approvals, reporting, and cross-team collaboration.
- Sales & Revenue Enablement: Connects legal operations to business performance, supports sales enablement, and accelerates deals.
- Compliance & Risk Management: Enforces policy compliance, structured processes, and oversight to reduce operational risks.
- AI-Driven Reviews: Uses AI to accelerate contract, invoice, and matter reviews.
- Integration: Connects with existing tools used by legal teams.
- App Catalog: Offers a suite of applications for legal operations, including vendor management, legal holds, and more.
- ROI Calculator: Quantifies savings and efficiency gains from using Onit.
- Community: OnPoint community for legal innovators to connect and share resources.
Onit’s product suite includes Unity ELM, OnitX ELM, BusyLamp, SimpleLegal, ContractWorks, SecureDocs, OnitX CLM, ReviewAI, and more, covering enterprise legal management, contract lifecycle management, and AI-powered legal operations.
Practice area fit
Onit primarily supports corporate legal departments and focuses on legal operations, including areas such as Corporate/M&A, Contract Management, Legal Holds, Legal Service Requests, NDA Review, and general matter management. It is not specifically tailored to litigation, IP, employment, real estate, or other specialized practice areas, but rather to the operational and administrative needs of in-house legal teams.
Key features and functions of Onit include:
- Matter management
- Spend management and e-billing
- Contract lifecycle management
- Workflow automation
- Legal holds management
- Legal intake and service request management
- NDA review automation
- Document generation and compliance monitoring (with AI capabilities)
- Centralized platform for legal documents and correspondence.
Security & compliance
Onit is covered under the following security and compliance certifications:
- SOC 2 Type II
- ISO 27001:2022
- HIPAA
- GDPR
There is no mention of CCPA compliance in the available information.