Binding Letter Agreement — Negotiation and Closing (Company Side)
Drafting and negotiation of a Binding Letter Agreement on behalf of the company, through to signature.
We run the negotiation and keep you current on what is being traded and why. Includes up to three negotiation rounds and execution, so the agreement is signed rather than merely drafted.
Frequently asked questions
The fee covers the draft or the redline, as the posture requires, up to three rounds of negotiation with the other side's counsel, and signature-ready execution versions and a closing checklist. It is fixed at this scope: one counterparty. 3 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.
1 to 2 weeks from a complete set of instructions, plus time for the 3 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.
$2,125 is $325/hour × 6.5 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 $2,125 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.
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Binding Letter Agreement — Negotiation and Closing (Counterparty Side)
Full counterparty-side negotiation of a Binding Letter Agreement, the document that captures a simple deal in letter form that is short, readable, and still fully enforceable, from first draft to closing.
Memorandum of Understanding (Long Form)
A comprehensive Memorandum of Understanding that records what the parties have agreed so far and, just as importantly, what is not yet binding, with the full set of protective provisions a significant deal deserves.
Assignment, Assumption, and Consent Package — Long Form (Company Side)
A comprehensive Assignment, Assumption, and Consent Package drafted from the company position, covering the agreement that moves a contract to a new party with the counterparty consent and release the agreement requires.