Memorandum of Understanding (Short Form)
A short-form Memorandum of Understanding that records what the parties have agreed so far and, just as importantly, what is not yet binding, written for speed without leaving the important terms out.
It is deliberately shorter than the standard version, and we tell you exactly which protections were traded away for that. A shorter version for a lower-risk deployment, drafted so nothing legally load-bearing is left out.
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.
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.
$725 is $325/hour × 2.25 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 $725 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 — Review and Redline (Company Side)
A company-side markup of an Assignment, Assumption, and Consent Package you have been handed, the agreement that moves a contract to a new party with the counterparty consent and release the agreement requires.
Assignment, Assumption, and Consent Package — Review and Redline (Counterparty Side)
A redline of the counterparty's Assignment, Assumption, and Consent Package prepared for the counterparty, covering the document that moves a contract to a new party with the counterparty consent and release the agreement requires.
Assignment, Assumption, and Consent Package (Short Form)
A short-form Assignment, Assumption, and Consent Package that moves a contract to a new party with the counterparty consent and release the agreement requires, written for speed without leaving the important terms out.
Memorandum of Understanding — Review and Redline (Company Side)
A redline of the counterparty's Memorandum of Understanding prepared for the company, covering the document that records what the parties have agreed so far and, just as importantly, what is not yet binding.
Memorandum of Understanding — Review and Redline (Counterparty Side)
A redline of the counterparty's Memorandum of Understanding prepared for the counterparty, covering the document that records what the parties have agreed so far and, just as importantly, what is not yet binding.