M&A pricing
Fixed Fees for Business Sales and Acquisitions
Hourly billing punishes clients for long negotiations and slow counterparties. For companies with less than $250 million of revenue, we quote fixed fees by stage, so the legal cost of your deal is known up front and does not grow every time the other side sends another markup.
Stage 1: Letter of intent
Review and negotiation of the term sheet or letter of intent — price, structure, exclusivity, escrow, earn-outs, non-competes, and closing conditions. Most deal leverage is set here, so it is priced as its own fixed stage.
Stage 2: Due diligence
For buyers, a legal review of contracts, leases, corporate records, employees, litigation, liens, and licenses with a written risk summary. For sellers, preparing the data room and disclosure schedules so diligence does not become a reason to cut the price.
Stage 3: Definitive agreement and closing
Drafting or negotiating the asset or stock purchase agreement, disclosure schedules, bill of sale, assignments, employment and consulting agreements, restrictive covenants, and closing deliverables, through funding.
How the fee is set
The fixed fee for each stage depends on deal size, structure, the number of contracts and employees, and whether financing is involved. We scope the deal on a short call and give you a written quote before any work begins. Post-closing disputes, earn-out claims, and indemnity fights are quoted separately.
Get a fixed-fee quote for your transaction.
Flat-fee matter review. Straight answers, no runaround.