Case Study: Bain Capital Credit saved 220+ legal hours a month with Ontra
Key results
The challenge
Bain Capital Credit, a private credit manager, faced a rising volume of NDAs that its internal legal team processed manually. Teams in other geographies had to wait for the Boston team to begin work, creating bottlenecks as deal activity grew.
The solution
Bain Capital Credit offloaded most of its NDA management to Ontra's Contract Automation and distributed attorney network, keeping a portion in-house while adding capacity across time zones.
“Ontra's willingness to listen to us and the long-term cost savings of automating our contract management workflows were the two greatest factors that led us to choose Ontra over contracting with outside counsel.”
ARAdriana Rojas GarzónVP and Associate General Counsel for Capital Markets, Bain Capital Credit
The results, in context
Ontra took on 73% of Bain Capital Credit's NDA management — about 1,324 NDAs a year versus roughly 350 handled internally — saving over 220 legal hours monthly. With Ontra's distributed teams the firm processes nearly 2,000 NDAs a year and completes four times more NDAs annually than before.