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…

Private Equity Firm Acquires NetDocuments

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The private equity firm Warburg Pincus has acquired NetDocuments, one of the leading cloud-based document management systems used by law firms and corporate legal departments, according to a report this morning by Legal IT Insider.

Warburg Pincus has acquired the company from Clearlake Capital Group, with existing investor Cove Hill retaining its stake…