Aderant, a prominent provider of management solutions for legal businesses, has declared its plan to launch a groundbreaking AI-powered solution called Onyx that aims to revolutionize Outside Counsel Guideline (OCG) compliance for law firms.
The launch will take place at Aderant's upcoming Global Momentum conference, which will be held in Denver, CO. In the past, law firms have relied on a combination of manual and semi-automated systems to handle OCGs and enforce their terms in timekeeping. However, this approach was inadequate when it came to billing and eBilling. With the advent of the revolutionary Onyx solution, Aderant will offer a fully automated and integrated system that ensures compliance across all stages of the timekeeping, billing, and eBilling processes.
“Law firms have been grappling with billing and compliance for far too long, and it's about time they had a solution that actually works. Aderant is proud to offer the first advanced AI platform that ensures compliance across the entire time and billing journey,” said Aderant President & CEO Chris Cartrett. “This helps law firms get paid without issues and put an end to the madness that has long weighed them down.”
Onyx is designed to tackle the biggest challenges of complying with client guidelines:
“Onyx is a game-changer for law firms because it addresses these challenges at their core,” said Matthews. “For the first time ever, firms can ensure end-to-end compliance, improve coordination across multiple teams, reduce costs, and minimize reductions and delays in compensation.”
Solving billing and compliance issues enables firms to get paid without friction and manage the client contractual relationship with confidence. Moreover, it frees up lawyers' time and allows them to focus on work quality and billable hours. This all results in improved revenue, profits, and client retention.
Onyx will integrate with all major legal financial and practice management systems, ensuring seamless operations for law firms.
Firms interested in Onyx are encouraged to register for Aderant’s Global Momentum conference taking place in Denver, CO from May 8-11. The company will give a live demonstration for all in-person and virtual attendees and offer several deep dive breakout sessions. Special pricing incentives will be available to firms who sign up for Onyx at the event. Register for this event here.
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