Museum and Exhibition Loan Agreement—Negotiation and Closing (Institution Side)
Drafting and negotiation of a Museum and Exhibition Loan Agreement on behalf of the institution, through to signature.
Includes the draft or markup, up to three rounds of exchanges with opposing counsel, and the execution version. Includes up to three negotiation rounds and execution, so the agreement is signed rather than merely drafted.
Choose the version you need
- Standard$1,950
- Standard (Counterparty Side)$2,125
- Standard (Institution Side)$2,125
- Short Form$1,050
- Long Form$3,100
- Long Form (Counterparty Side)$3,425
- Long Form (Institution Side)$3,425
- Review and Redline (Counterparty Side)$1,050
- Review and Redline (Institution Side)$1,050
- Negotiation and Closing (Counterparty Side)$3,575
- Negotiation and Closing (Institution Side)$3,575This page
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 loan. 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.
$3,575 is $325/hour × 11 hours—the time this deliverable takes in an ordinary art 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 $3,575 whether it takes us the estimate or twice it.
3 rounds of revisions are included. You can add more when you order, or later, at $575 per additional round. A round is one consolidated set of your comments and our revised draft back to you.
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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