how much for a lawyer to write a contract

Here is an article about hiring a contract lawyer. Simple contract drafting costs can range between $200 and $800 as a flat fee depending upon your needs. An online contract lawyer could also bill their services at an hourly rate between $100 and $350 an hour.

Full Answer

How much does it cost to hire a contract attorney?

Mar 27, 2020 · Looking for contract lawyers that offer free consultations Outlining the document in advance, so it is clear to the preparer what you are looking for, reducing the back and forth Selecting a lawyer offering flat fee contract drafting rather than an hourly rate Looking outside of big cities for a contract attorney

What determines the cost of a contract lawyer?

Aug 03, 2010 · Posted on Aug 4, 2010. The cost depends on how comprehensive an agreement you want created. If you are just looking for someone to form the business and draw up a basic agreement discussing management and division of profits/losses you can likely have this done for between $1000 and $2000 typically on a fixed fee basis.

What is the average length of a contract with a lawyer?

Jan 29, 2008 · As far as costs are concerned, hiring a lawyer to review a contract can be pricey, ranging from $300-1000 depending on the lawyer's hourly rate and the contract's complexity. It can be even pricier if you want them to actually negotiate to contract for you, falling somewhere between $500-3000.

Why are contract lawyers so expensive?

Apr 16, 2011 · What type of contract are you inquiring about? Also, attorneys' hourly fees will vary quite a bit, but many attorneys charge in the range of $200 to $500 per hour. Some attorneys may agree to provide a service (such as drafting a contract) for a flat fee, depending on the type of contract involved.

How to determine the fee of a lawyer?

Just like with any question related to a lawyer’s services, the fee you will pay for a legal professional to look over your contract depends on the lawyer's hourly rate and the contract's complexity. Here are some factors it can depend upon: 1 The length of the contract 2 Your budget 3 What does the attorney need to look for 4 If you need just a review or help with drafting services 5 Your industry 6 Rules and regulations in your industry 7 The amount of money at stake 8 The duration of the contract 9 How much risk are you willing to take on 10 The number of signing parties involved 11 Your lawyer’s experience and current workload

What is issue specific contract review?

An issue-specific contract review is the most economical option if spending money is the most important factor for you. If you are mostly happy with the contract, but not quite clear on some of the specific terms or issues, or need a specific clause of the contract explained, the lawyer will just look over those specific areas of concern. A lawyer can help decipher the legalese and explain those terms in common English so you can figure out if they work for you. You don’t want to sign things you don’t understand, so if you're on a tight budget, but still need the peace of mind, this is a good way to feel more confident before signing the agreement.

What is redlining a contract?

In the legal world, this is known as “redlining a contract”, which can really help the whole process move along more smoothly. In other words, you don’t have to discuss the changes in your agreement with the other party, as they will receive the contract already finished with the option to accept or deny.

Do lawyers charge flat fees?

Each lawyer sets his or her own prices depending on their own level of expertise and the fees they charge can vary greatly from one attorney to the next. Most of the time, however, lawyers use either flat-fee pricing or hourly pricing when they get hired to review a business contract.

How to prepare a contract?

There are some things you can do to keep preparation fees down. These include: 1 Looking for contract lawyers that offer free consultations 2 Outlining the document in advance, so it is clear to the preparer what you are looking for, reducing the back and forth 3 Selecting a lawyer offering flat fee contract drafting rather than an hourly rate 4 Looking outside of big cities for a contract attorney 5 Choosing a lawyer who isn’t with a firm

What is a corporate attorney?

Corporate and transactional attorney in sixth year of practice. Focus areas include general corporate counsel, labor and employment law, business partnership matters, securities matters related to privately-held companies, and regulatory compliance in securities and finance matters.

Who is Pura Rodriguez?

Pura Rodriguez, JD, MBA is the President and Managing Partner of A Physician’s Firm, based in Miami. She represents healthcare providers from different specialties in a broad range of issues, including contract review, business planning and transactions, mergers and acquisitions, vendor and contract disputes, risk management, fraud and abuse compliance (Anti-Kickback Statute and Stark), HIPAA compliance, medical staff credentialing, employment law, and federal and state regulations. She also assists providers in planning their estates, protecting their assets, and work visa requirements.

Why is there such a variance in pricing?

The reason there is such variance in pricing is that many factors determine the cost of a contract lawyer, from where they got their degree to any overhead they might have. Contract attorneys are free to set their prices in many cases, or their firms do it for them.

Who is Melissa Taylor?

Melissa Taylor, the President and founding partner of Maurer Taylor Law, specializes in business contract review and drafting and is a second-generation attorney with private firm, in-house counsel, governmental, entrepreneurial, and solo practitioner experience. Melissa has a strong legal background, a dedication to customer service, is friendly, warm and communicative, and is particularly skilled at explaining complex legal matters in a way that's easy to understand. Melissa personally handles all client matters from start to finish to ensure client satisfaction.

James Edward Schroeder III

What kind of business contract?#N#Are you looking for an Operating Agreement which will govern how the business will be run between the two of you? OA's outline who will be responsible for what tasks and responsibilities within the business.

Edward Joseph Smeltzer II

The cost depends on how comprehensive an agreement you want created. If you are just looking for someone to form the business and draw up a basic agreement discussing management and division of profits/losses you can likely have this done for between $1000 and $2000 typically on a fixed fee basis.

Elliot S Stomel

While this is not my specialty area, I can tell you that most lawyers will charge an hourly rate for doing this kind of work. Rarely will an attorney do this kind of work for a flat fee. Different lawyers have different hourly rates and will also invest different amounts of time in completing the legal work.

Pamela Koslyn

There's no average. It depends on your market in your city, the lawyer (solo, small firm or big firm) and the type of contract (40 page distribution contract, 3 page joint venture, 1 page assignment of rights, etc. etc., etc.).#N#Shop your situation to different lawyers with some specific details...

Paul Y. Lee

You need to provide more information. Some contracts are simple contracts that will take less than an hour to draft, while others are complex and may take 20 or 30 hours or more. What type of contract are you inquiring about? Also, attorneys' hourly fees will vary quite a bit, but many attorneys charge in the range of $200 to $500 per hour.

Shaun George Jamison

The cost varies greatly depending on complexity. Some contracts require research into regulatory matters to make certain the contract is compliant. You should also consider that the cost of negotiation and revisions would be part of the overall investment.

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS

Well I'm putting some stuff together and I have come to the not fun legal part of things.#N#I have no experience with this stuff whatsoever - how much does it cost, generally, to have a contract/agreement/"Terms and Conditions" written?#N#As my service involves bringing buyers and sellers together, I'm pretty sure I would need a VERY solid contract in order to protect my business from problems arising between buyer and seller that don't involve me.

Sponsored Offers

Hi Fox I bought the fox web school program awhile back and it contains so much information that...

Latest Posts

GOLD! A physicist's guide to learning hard things (and using the scientific method)

Why are terms and conditions important?

Terms and conditions are also known as terms of use or terms of service agreement. It is an agreement that is recommended to have on your website but is not required by law. Privacy policies are required by law if personal data is collected from people providing personal information to your website.

What is user generated content?

User-generated content is usually owned by the users. The terms and conditions can carry a clause informing users that, as the owner of the content, it is protected by international copyright laws. This is usually referred to as the Intellectual Property clause included in the Terms and Conditions. The terms can also explain ...

Can you terminate an abusive user?

Since the terms and conditions already list the potential for temporarily banning abusive users, you can follow-up with a termination clause. The clause informs users that their abusive behavior will result in terminating the account and banning the abuser from the service.

How much does a real estate attorney charge?

An attorney will typically charge an hourly rate of $200-$500 or more to review real estate contracts. Reviewing a standard two-page lease typically takes about 30 minutes, or $100-$250; longer and more complex documents will cost considerably more, depending on complexity and length -- including attachments, some contracts can be 100-200 pages.

What is a real estate lease contract?

A real estate leasing or sales contract is a legally binding (and often complex) document which dictates the rights and responsibilities of all parties involved, including who pays for what, and what happens if something goes wrong. Having an attorney review the contract before you sign may prevent disputes or surprises later on.