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What Is the Cost to Have a Legal Document Drafted?

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by ContractsCounsel
3 minute read

How much does it cost to draft a legal document?

So, you need a legal document drafted.

If you are like most people, the first question you had once you discovered this need was:

“How much is this going to cost me?” “What are the document preparation fees?”

Given the reputation lawyers have for charging steep prices, this is a reasonable question to ask.

Let’s take a look at the cost of drafting a contract and all of the preparation fees.

There Is No Set Preparation Fee

The first thing to keep in mind is that there isn’t an off-the-shelf flat fee contract drafting price—not by page, by word, or by document type.

If you don’t believe us, feel free to visit the Lawyerist to see how many ways law firms charge.

You could easily consult with ten different contract lawyers for the same project and get ten different preparation fees.

This might sound overwhelming, but don’t let it intimidate you. Just go into the process with an open mind.

Factors That Determine the Cost of Drafting a Contract

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. Some factors that can play into the cost of drafting a contract include:

Keeping Costs Down

Hearing all of this, it might sound like you should expect having a legal document drafted to break the bank.

But that isn’t necessarily the case.

There are some things you can do to keep preparation fees down. These include:

Keep Preparation Fees Low with ContractsCounsel

Make the search easier by connecting with a contract lawyer near you through ContractsCounsel.com.

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Get free quotes from multiple attorneys, then work with the one who is the best fit for you.

The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.

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