Memorandum of Understanding — Long Form (Counterparty Side)
A detailed Memorandum of Understanding written for the counterparty, the document that records what the parties have agreed so far and, just as importantly, what is not yet binding.
Built for a deal important enough that the back-half provisions will actually be read. The complete provision set for a business whose exposure justifies covering every case.
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: up to 3 parties. 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.
1 to 2 weeks 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.
$2,275 is $325/hour × 7 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 $2,275 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 Contract Management work MC Law prepares on a flat fee.
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.
Assignment, Assumption, and Consent Package — Long Form (Counterparty Side)
A long-form, counterparty-favorable Assignment, Assumption, and Consent Package that moves a contract to a new party with the counterparty consent and release the agreement requires.
Memorandum of Understanding — Long Form (Company Side)
A long-form, company-favorable Memorandum of Understanding that records what the parties have agreed so far and, just as importantly, what is not yet binding.
Assignment, Assumption, and Consent Package (Long Form)
A comprehensive Assignment, Assumption, and Consent Package that moves a contract to a new party with the counterparty consent and release the agreement requires, with the full set of protective provisions a significant deal deserves.
Binding Letter Agreement — Negotiation and Closing (Company Side)
Drafting and negotiation of a Binding Letter Agreement on behalf of the company, through to signature.
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.