Binding Letter Agreement
A Binding Letter Agreement that captures a simple deal in letter form that is short, readable, and still fully enforceable.
Every provision is there for a reason, and we can tell you what each one does. A full custom draft prepared from your transaction, your counterparty, and the risks that are actually in front of you.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one counterparty. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
3 to 5 business days from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$1,150 is $325/hour × 3.5 hours — the time this deliverable takes in an ordinary contract management matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $1,150 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Contract Management work MC Law prepares on a flat fee.
Binding Letter Agreement (Company Side)
A company-favorable Binding Letter Agreement that captures a simple deal in letter form that is short, readable, and still fully enforceable.
Binding Letter Agreement (Counterparty Side)
A Binding Letter Agreement written to favor the counterparty, covering the document that captures a simple deal in letter form that is short, readable, and still fully enforceable.
Commercial Side Letter (Company Side)
A Commercial Side Letter written to favor the company, covering the document that adjusts a deal for one counterparty without amending the underlying agreement everyone else signed.
Commercial Side Letter (Counterparty Side)
A Commercial Side Letter, drafted from the counterparty position, that adjusts a deal for one counterparty without amending the underlying agreement everyone else signed.