Fir Tree Partners Slashes Negotiation Turnaround Time by 50% with Ontra
See how Fir Tree Partners discovered an untapped opportunity to streamline legal operations, reduce costs, and help grow the firm’s business.
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Fir Tree Partners Slashes Negotiation Turnaround Time by 50% with Ontra
“Implementing Insight across our alternatives platform enabled us to create a single source of truth across the whole organization. By assigning specific obligations and tasks to the appropriate stakeholders across our firm, we are able to quickly answer complex questions from our investors, drive organizational accountability, and ultimately stay ahead of the growing complexity of private funds documentation.”
“Since partnering with Ontra to process routine legal contracts, we’ve saved an extraordinary amount of time and resources. Our team can now focus on higher value work and strategic initiatives; the legal department is seen as a strategic advisor to the business, rather than a hurdle to clear. The platform has unlocked our data, enabling us to benchmark incoming contracts against precedent based on actual data from over 300 unique contracts stored on the platform.”
“Before Ontra, I would spend 25% of an average day on NDAs, a task that now only takes 7.5% of my time.”