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Terms Sheet Drafting Cost (2025)

This page explains the average cost to draft a terms sheet, based on recent projects completed by lawyers on the ContractsCounsel platform.

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Quick Facts — Terms Sheet Lawyers

What Does It Cost to draft a Term Sheet?

Based on recent projects completed on ContractsCounsel, the average flat fee to draft a term sheet is $850.00 on a flat fee basis. These cost points come from recent terms sheet projects on the ContractsCounsel platform and are averages from across all US states.

ContractsCounsel is one of the largest online legal marketplaces, with over 1,000 verified attorneys. Many of these lawyers help clients with drafting tasks related to term sheet projects — ensuring legal terms are properly structured and risks are clearly understood.

Average Cost Data from Lawyers on ContractsCounsel

All Term Sheet Projects:
$720.00
Drafting a Term Sheet:
$850.00

Last updated: January 24, 2025

See Term Sheet Pricing by State


ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


Meet some of our Lawyers

Keidi C. on ContractsCounsel
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5.0 (19)
Member Since:
August 25, 2021

Keidi C.

Principal Attorney
Free Consultation
Boston, MA
28 Yrs Experience
Licensed in MA, NY
New England Law | Boston

Keidi S. Carrington brings a wealth of legal knowledge and business experience in the financial services area with a particular focus on investment management. She is a former securities examiner at the United States Securities & Exchange Commission (SEC) and Associate Counsel at State Street Bank & Trust and has consulted for various investment houses and private investment entities. Her work has included developing a mutual fund that invested in equity securities of listed real estate investment trusts (REITs) and other listed real estate companies; establishing private equity and hedge funds that help clients raise capital by preparing offering materials, negotiating with prospective investors, preparing partnership and LLC operating agreements and advising on and documenting management arrangements; advising on the establishment of Initial Coin Offerings (ICOs/Token Offerings) and counseling SEC registered and state investment advisers regarding organizational structure and compliance. Ms. Carrington is a graduate of Johns Hopkins University with a B.A. in International Relations. She earned her Juris Doctorate from New England Law | Boston and her LL.M. in Banking and Financial Law from Boston University School of Law. She is admitted to practice in Massachusetts and New York. Currently, her practice focuses on assisting investors, start-ups, small and mid-size businesses with their legal needs in the areas of corporate and securities law.

Recent  ContractsCounsel Client  Review:
5.0

"Received very meaningful advice and I hope to work with you in the future."

Michael O. on ContractsCounsel
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5.0 (4)
Member Since:
February 14, 2022

Michael O.

Managing Attorney
Free Consultation
Los Angeles
19 Yrs Experience
Licensed in CA, NY
University of Southern California

A corporate and commercial litigation attorney with transactional and civil litigation experience including corporate and finance transactions, mergers and acquisitions, real estate, commercial contracts, bankruptcy, restructuring, international business transactions, general counsel services, real estate litigation, partnership, joint venture and contract disputes. Additional background skills and experience include investment banking, financial analysis, and management consulting. Sectors covered include technology, media, healthcare, franchises, small to medium enterprises, investment funds, and international business.

Recent  ContractsCounsel Client  Review:
5.0

"He was amazing! He protected me from fraud and I will most definitely continue my business with him… Thank you Michael!"

Darryl S. on ContractsCounsel
View Darryl
5.0 (144)
Member Since:
November 9, 2023

Darryl S.

Founder and Counselor-at-Law
Texas
33 Yrs Experience
Licensed in TX
The University of Texas School of Law Austin

I offer flat/fixed fees rather than hourly work to help lower your legal costs and align our interests. I specialize in contract law and focus on making sure your contract is clear, protects your interests and meets your needs. You can expect fast, straightforward communication from me, making sure you understand every step. With my experience, you'll get a detailed review of your contract at a fair, fixed price, without any surprises. I have over 30 years of business and legal experience that I bring to your project. I graduated from The University of Texas School of Law with High Honors in 1993 and practiced at Texas' largest law firm. I have founded companies and so understand how to be helpful as both a lawyer and business owner.

Recent  ContractsCounsel Client  Review:
5.0

"Great experience with Darryl! he is very helpful and responsive and an excellent communicator."

Daniel R. on ContractsCounsel
View Daniel
5.0 (184)
Member Since:
January 2, 2023

Daniel R.

Business and Real Estate Atttorney
Free Consultation
New York
30 Yrs Experience
Licensed in NY
New York Law School

NY Admitted Lawyer 20+ years of experience. Focused on Startups , Entrepreneurs, Entertainers, Producers, Athletes and SMB Companies. I have been a part of numerous startups as Founder, CEO, General Counsel and Deal Executive. I have been through the full life cycle from boot strap to seed investors to large funds-public companies to successful exit. Let me use my experiences help you as you grow your business through these various stages. We saw a market for an on-line platform dedicated to Virtual General Counsel Services to Start Ups and Private Companies.

Recent  ContractsCounsel Client  Review:
5.0

"Quick and he found a number of things we were missing. Thanks."

Namrita N. on ContractsCounsel
View Namrita
4.9 (12)
Member Since:
August 18, 2021

Namrita N.

Attorney at Law
Free Consultation
Plano, TX
6 Yrs Experience
Licensed in MN, TX
Mitchell Hamline School of Law

Retired Dentist transitioned to Law, with a special interest in Commercial Real Estate, Startup businesses, Asset Purchase Agreements, and Employment Contracts. I love to help dentists and physicians with legal issues pertaining to licensing, credentialing, employment, and general business-legal questions.

Recent  ContractsCounsel Client  Review:
5.0

"Dr Notani is a top lawyer. We very much appreciate her attentiveness and expertise."

Jeffrey B. on ContractsCounsel
View Jeffrey
5.0 (5)
Member Since:
May 31, 2025

Jeffrey B.

Attorney
Free Consultation
Edison, New Jersey
10 Yrs Experience
Licensed in ID, NJ, NM
University of Montana

I am an employment law attorney specializing in helping companies navigate the complexities of the workplace. From drafting employment contracts and conducting investigations into discrimination and harassment claims, to responding to EEOC charges and reviewing handbooks and policies for legal compliance, I offer comprehensive support to help businesses thrive while minimizing risk.

Recent  ContractsCounsel Client  Review:
5.0

"Jeffrey was quick to respond, attentive, and very thorough. He spent a good amount of time ensuring I fully understood all information on my contract."

Isabelle M. on ContractsCounsel
View Isabelle
Member Since:
May 31, 2025

Isabelle M.

Fractional General Counsel
Free Consultation
Pittsford, NY
25 Yrs Experience
Licensed in NY
West Viriginia University

Isabelle E. Melody is the founder of Wrinkles, LLC, a fractional General Counsel practice providing pragmatic, business-aligned legal support to companies across the U.S., U.K., and beyond. With over 20 years of global in-house experience—including senior legal leadership roles in the U.S., Europe, and Asia-Pacific—Isabelle brings deep expertise in commercial contracts, corporate governance, compliance, M&A, and risk management. A New York-licensed attorney and certified mediator, she is known for her hands-on, solution-oriented approach that aligns legal strategy with business momentum. Isabelle has served industries ranging from tech and defense to manufacturing and SaaS, and was recognized as a Corporate Counsel Honoree by the Rochester Business Journal.

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See Real Term Sheet Projects

California Angel investor term sheet Drafting
  • California
  • 4 lawyer bids
  • $350 - $2,000
View Details
New York Operating Agreement and Term Sheet Drafting
  • New York
  • 7 lawyer bids
  • $750 - $2,500
View Details
Oklahoma Term Sheet Drafting
  • Oklahoma
  • 6 lawyer bids
  • $1 - $3,499
View Details
California Term Sheet Review for Creator Company Review
  • California
  • 3 lawyer bids
  • $295 - $1,000
View Details
Arizona Term sheet Drafting
  • Arizona
  • 10 lawyer bids
  • $249 - $1,700
View Details
North Carolina Real Estate Private Equity LLC startup term sheet investment Drafting
  • North Carolina
  • 7 lawyer bids
  • $350 - $1,000
View Details

See all Term Sheet projects

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I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

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Need help with a Terms Sheet?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 23,389 reviews

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