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What is OnitX Legal Spend Management?

Take control of your legal spending by ensuring thorough tracking and transparency, supported by premier industry knowledge. With OnitX Legal Spend Management, you can effectively align your expenditures and transform the Legal department into a key, collaborative partner within your organization. This legal spend management solution empowers you to make strategic decisions regarding legal relationships, budgets, reserves, accruals, and risk assessments, helping you to avoid unforeseen costs in both the immediate and distant future. Optimize invoice management through a centralized platform designed for seamless submission, evaluation, and approval workflows. Establish and enforce billing standards to rigorously examine invoices while simultaneously overseeing authorized timekeepers and their respective rates—all from a single, centralized location. Harness AI-driven analytics to evaluate invoices, track performance against financial goals, and identify trends in your dealings with external law firms and service providers, which ultimately leads to more informed strategic choices for your legal operations. This holistic strategy not only boosts transparency but also cultivates trust and operational efficiency within your legal spending practices, paving the way for a more effective management system. By adopting these practices, you can position your legal team to better support the broader goals of your organization.

What is LawTrac?

Elevate your operational effectiveness and oversight while simultaneously cutting costs with impressive speed and ease. Take advantage of a powerful legal management solution that has proven its value to industry professionals. Legal teams relying on disparate internal systems, applications, and spreadsheets for tracking matters, invoices, and documents may waste as much as 10% of their time on routine administrative tasks. Designed specifically to overcome this issue, LawTrac is easy to implement and adopt, providing immediate comprehensive insight into matter management and expense data. Our steadfast commitment to client success guarantees that your legal department will reap significant benefits in the least amount of time. By merging essential legal operations into a sleek, modern interface, LawTrac enhances efficiency and promotes engagement across the entire legal team. Users can swiftly access all matter-related information, including status updates, involved parties, important events, documents, and tasks, thereby fostering a seamless workflow that empowers legal professionals. In the end, choosing LawTrac not only streamlines processes but also equips your team with the necessary tools to concentrate on high-value initiatives, ultimately transforming the way they operate. Furthermore, this transition enables legal departments to respond more swiftly to evolving challenges and client needs, solidifying their role as strategic partners within the organization.

Media

Media

Integrations Supported

Aderant
Amazon Web Services (AWS)
Exterro
Microsoft 365
Microsoft SharePoint
Okta
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
Protiviti Governance Portal
Quadrant Workforce
SAP Cloud Platform
Salesforce
Sightline
Sisense
Spotify for Podcasters
Veritas Enterprise Vault
iManage

Integrations Supported

Aderant
Amazon Web Services (AWS)
Exterro
Microsoft 365
Microsoft SharePoint
Okta
Onit Catalyst for Contracts
Onit Catalyst for ELM
OnitX Enterprise Legal Management
OnitX Legal Holds Management
OnitX Legal Service Management
Protiviti Governance Portal
Quadrant Workforce
SAP Cloud Platform
Salesforce
Sightline
Sisense
Spotify for Podcasters
Veritas Enterprise Vault
iManage

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/legal-spend-management/

Company Facts

Organization Name

Mitratech

Date Founded

1987

Company Location

United States

Company Website

mitratech.com/products/lawtrac/

Categories and Features

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management

Categories and Features

Enterprise Legal Management (ELM)

Contract Lifecycle Management
Document Management
Legal Automation
Legal Spend Management
Legal e-Billing
Matter Management
Reporting / Analytics
eDiscovery

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management

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Onit