In a post last month, I talked about the formation of the Onit Advisory Group (OAG) to help with the strategic development of our premium legal spend management module. Since then, we have received a great deal of feedback that many of you would like to participate but do not have enough time to commit to the group.
If you fall into this category, we have a solution that we think is mutually beneficial. Give us one hour of your time to discuss your opinions about billing policies and guidelines, electronic bill submission, invoice workflow, alternative free arrangements, etc. and we’ll donate $250 to the charity of your choice.
There is a small disclaimer though. We are seeking corporate legal attorneys or professionals from companies with revenue of at least $1.5 billion dollars. We are targeting this segment of the market because we feel there is great opportunity for a comprehensive legal spend management and project management tool. Your feedback will help us shape the product development, which is scheduled for launch in early fall.
Please email me at jill.black@onit.com if you can donate an hour of your time to help a charity of your choice. Your opinion matters. Thank you in advance for your participation.
As we near the end of the Onit beta, I have been thinking about the success of the last three months. Since launching at LegalTech New York on February 1, 2010, we have had almost 1,000 business and legal professionals register for our beta. In addition to wildly exceeding our expectations, we are encouraged to learn that there is a need for a legal project management tool like Onit.
We also got a fair amount of action on our community site and encourage users to continue to submit questions, share ideas and report bugs. Our main goal with the beta program was to gain an active group of users and we were pleased to find just that. Thank you to everyone who made this beta a success. We will continue to engage with our active users and solicit feedback for new legal project management features.
Our users broke down in ways that we didn’t completely anticipate: 35% were law firms, 20% corporate/government/education, 10% competitors/vendors, and 35% were other types of users that had nothing to do with legal. While we were hopeful that law firms and people not associated with the legal industry would adopt our platform, we didn’t realize either group would be so large.
Looking forward, we have some major functionality that we plan to roll out in the next week or so, but the big news is that we are working on our electronic billing and legal spend management module. This will be targeted at the legal industry and will add the ability to budget and track the financial side of projects. We will be in beta with this module over the summer.
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