Survey: Legal Departments’ Failure to Adopt Technology Forcing In-House Lawyers to Return to Office, Despite Clear Preference for Hybrid

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Although the majority of U.S. in-house lawyers prefer not to return full-time to their offices, nearly half have done so, in part because their organizations have failed to effectively adopt new technologies that would facilitate hybrid work arrangements.

This is among the findings of a new survey of in-house lawyers commissioned by the contract management…

Continuing Its Acquisition Streak, Onit Acquires SecureDocs for Deal Rooms and Contract Management

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In its largest deal so far in a recent string of acquisitions, Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired SecureDocs, a Santa Barbara, Calif., software company with products for contract management, virtual deal rooms and electronic signatures.

Onit says the acquisition strengthens its…

As Onit Releases InvoiceAI To General Availability, It Promises ‘It’s Not Here to Take Over the World’

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Onit today announced the general availability of InvoiceAI, an artificial intelligence product for first-pass invoice review, and along with it comes a clever promotional video that plays on the threat of AI world domination and legal professionals’ ambivalence around AI.

As I reported last May, the Houston company — which provides enterprise workflow

Onit Acquires Bodhala to Provide Legal Departments with ‘Actionable Intelligence’ on Legal Spend

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Marking its third acquisition in the last year and its fourth since 2019, Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired Bodhala, a New York company whose SaaS platform provides in-house legal departments with AI-powered legal spend analytics, benchmarking and market intelligence. 

Onit says…

Onit Unveils InvoiceAI, Artificial Intelligence for Legal Invoice Review

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Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, is today introducing InvoiceAI, an artificial intelligence product for first-pass invoice review.

With today’s debut, Onit is making the product available to existing corporate legal customers on a select basis. It will release the product for general availability in…

In Its Second Acquisition In A Month, Onit Picks Up Document Automation Company AXDRAFT

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In its second acquisition in a month, Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired AXDRAFT, a Y Combinator-backed company whose software automates the creation of routine contracts and legal documents.

Founded in 2017, the Ukrainian company says that its technology enables corporate legal…

Onit Adds to Its Enterprise Workflow Offerings with Acquisition of AI Company McCarthyFinch

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Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired the New Zealand company McCarthyFinch, a provider of a suite of AI-driven contract management software designed to help automate contract reviews and approvals, and is unveiling two new AI products that incorporate the McCarthyFinch technology.

McCarthyFinch…