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Contracts

Average Cost of Hiring a Lawyer to Draft a Contract?

April 19, 2021, midnight

The costs of hiring a lawyer to draft a contract can vary widely. Click see cost data from our marketplace and learn costs for different contract types.

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Fundraising
Contractscounsel Convertible Debt Note Image

Convertible Debt: How It Works, 9 Common Terms

Jan. 21, 2021

A convertible debt is used to help start-ups raise capital without having to give away more equity than necessary. Learn 9 common terms by clicking here.
Employment
ContractsCounsel Employment Contract Reviews

Employment Contract Review

Apr. 19, 2021

An employment contract review analyzes an employment agreement for fairness, thoroughness, and legal compliance. Click here to learn costs and what to expect.

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Business Entities
Shelf Company

What is a Shelf Company?

Sep. 12, 2023

A shelf company, also known as a ready-made company, blank check firm, or aged company, is a registered company that does not engage in any kind of business.
Business Entities
Shareholder Equity

What is Shareholder Equity?

Sep. 12, 2023

Shareholder equity, commonly known as stockholders' funds or shareholders' equity, is the organization's net capital payable to its shareholders.
Contracts
Restrictive Covenants

Understanding Restrictive Covenants

Sep. 12, 2023

Restrictive covenants are negative conditions put on one of the parties to the contract with a lesser bargaining chip to carry out or not perform vital tasks.
Contracts
Redemption Rights

Redemption Rights: How They Work, Pros & Cons, Types

Sep. 12, 2023

Redemption rights provide investors with a way to reclaim their investments, offering protection and flexibility while influencing company negotiations.
Business Entities
Pro Rata Rights

What are Pro Rata Rights?

Sep. 11, 2023

The pro rata rights are contractual provisions between a company and an investor granting the investor the option to participate in future financing rounds.
Employment
Probationary Period

What is a Probationary Period?

Sep. 11, 2023

A probationary period is a trial period during employment when an employee's performance and suitability are evaluated before confirming their permanent status.
Lawyers
Probate Lawyer Cost

Probate Lawyer Cost

Sep. 11, 2023

A probate lawyer costs anywhere from $250 to $500, or up to $5,000 for a full package, depending on the expertise and complexity required for the desired work.
Family
Probate

Probate

Sep. 11, 2023

Probate is a legal process that enshrines a will and appoints the executor to handle the estate and distribute assets to the authorized beneficiaries.
Contracts
Privity of Contract

Privity of Contract Explained

Sep. 11, 2023

Privity of contract refers to the key legal concept of establishing a direct and exclusive association between individuals who have executed a lawful contract.
Business Entities
Private Placement

What is a Private Placement?

Sep. 11, 2023

Private placement highlights the method of raising capital wherein securities are sold directly to a selected group of private investors instead of an offering.
Contracts
Prepayment Penalty

Understanding a Prepayment Penalty

Sep. 11, 2023

A prepayment penalty is a fee or charge a lender imposes on a borrower to pay off a loan or mortgage before the scheduled terms based on rules and regulations.
Business Entities
Preemptive Rights

Understanding Preemptive Rights

Sep. 11, 2023

Preemptive rights are granted to already existing shareholders of a firm that allow them to maintain proportional ownership in the event of new share issuance.
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Lawyers
ContractsCounsel Lawyers Online

Lawyers Online: Everything You Need To Know

Dec. 14, 2020

There has never been a better time to consider hiring lawyers online rather than in person. Here are some situations in which you may want to hire online.
Small Business
ContractsCounsel Small Business Law

Small Business Law: Things to consider

Nov. 5, 2020

Small business law can cover a wide range of subjects and requirements. When you start a small business, you need to understand all of your legal obligations.
Contracts
ContractsCounsel Negotiate Contract

How to negotiate a contract

Nov. 4, 2020

Contract negotiation involves two or more parties discussing the terms of a contract to come to an agreement before signing and making it official. Learn more.
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