At Alturas Capital Partners, speed matters. Operating a $675 million commercial real estate fund with over 4 million square feet of property, the Idaho-based investment firm needs legal workflows that keep up with deal velocity—without sacrificing quality.

Spellbook has become a central part of that solution.

By empowering a lean in-house legal team to draft and negotiate complex leases with confidence, Spellbook has helped Alturas reduce turnaround time, minimize reliance on outside counsel, and become a preferred partner for commercial real estate brokers who prioritize speed and certainty in closing deals.

A faster way to draft and negotiate leases

“Brokers we work with have made remarks that we, as a landlord, have some of the fastest, if not the fastest turnaround time with our legal documents.”
— Kirk

Before adopting Spellbook, lease documents at Alturas often stalled for weeks in legal review. Kirk, the Legal Operations Manager at Alturas who helped build the in-house legal team, remembers how painful that process could be: “I was stuck formatting, drafting, revising—trying to build templates from scratch. It took forever.”

Spellbook helps accelerate every stage of their lease process, from drafting custom clauses to finalizing redlines. “With just a few clicks, Spellbook drafts tailored language that fits our document formatting and defined terms. What used to take hours now takes minutes,” Kirk explains.

That speed has had a tangible impact on business development.

“We’re known now for having the fastest turnaround times, and that makes us a more attractive partner.”
— Kirk

Beyond formatting, the platform also helps surface important risks and considerations. Maddie, the Legal Operations Coordinator at Alturas notes, “It’s really cool how it points out, ‘If you don’t change this, this will happen.’ I think that’s a really unique feature.” This prioritization helps the team stay focused on the issues that matter most to protect landlord liability and deal integrity.

Together, these capabilities allow the legal team to work faster without compromising quality—helping Alturas close more deals, more quickly, while strengthening relationships with their broker network.

Built for business, not bureaucracy

As Alturas’ portfolio has grown, so has the complexity and scale of its legal work. Spellbook enables the team to handle that growth efficiently by keeping more work in-house and streamlining contract negotiation.

That responsiveness is especially important to external partners, particularly brokers and tenants, who depend on timely transactions.

“Sometimes the tenants and the tenants' attorneys… they're amazed. They say, ‘Well, this is the quickest lease negotiation I've ever had.’”
— Kirk

Enhancing—never replacing—great work

“We’ve decreased our outside counsel spend by hundreds of thousands of dollars over a relatively short period of time.”
— Kirk

Spellbook isn’t a replacement for the legal team at Alturas—it’s an accelerator. From drafting to redlining to final review, it enables the team to move faster, with more confidence and control. “It gets the gears turning faster. And time is money, especially with real estate,” Maddie notes.

Even when the platform doesn’t supply the final answer, it helps the team find creative alternatives or strengthen their existing language—saving time and effort on every deal. Kirk adds, “We're just getting better at using it each and every day,” pointing to a steady climb in both efficiency and trust in the tool.