Digital Collectible Terms of Sale and License — Negotiation and Closing (Licensor Side)
Drafting and negotiation of a Digital Collectible Terms of Sale and License on behalf of the licensor, through to signature.
We run the negotiation and keep you current on what is being traded and why. Covers drafting through to the final approved version, including the review rounds it takes to get there.
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 collection. 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.
$4,875 is $325/hour × 15 hours — the time this deliverable takes in an ordinary digital assets 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 $4,875 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.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. 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 Digital Assets work MC Law prepares on a flat fee.
Digital Collectible Terms of Sale and License — Negotiation and Closing (Licensee Side)
Drafting and negotiation of a Digital Collectible Terms of Sale and License on behalf of the licensee, through to signature.
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