SAFE Agreement Lawyers for Illinois
Need help with a SAFE agreement in Illinois?
ContractsCounsel connects businesses and individuals with experienced SAFE agreement lawyers across Illinois to help with drafting, reviewing, and negotiating your legal agreements.
Quick Facts — SAFE Agreement Lawyers
- Avg cost to draft a SAFE Note: $600.00
- Avg cost to review a SAFE Note: $500.00
- Lawyers available: 132 startup lawyers
- Clients helped: 217 recent SAFE agreement projects
- Avg lawyer rating: 4.95 (42 reviews)
Meet some of our Illinois SAFE Agreement Lawyers
Ryenne S.
My name is Ryenne Shaw and I help business owners build businesses that operate as assets instead of liabilities, increase in value over time and build wealth. My areas of expertise include corporate formation and business structure, contract law, employment/labor law, business risk and compliance and intellectual property. I also serve as outside general counsel to several businesses across various industries nationally. I spent most of my early legal career assisting C.E.O.s, General Counsel, and in-house legal counsel of both large and smaller corporations in minimizing liability, protecting business assets and maximizing profits. While working with many of these entities, I realized that smaller entities are often underserved. I saw that smaller business owners weren’t receiving the same level of legal support larger corporations relied upon to grow and sustain. I knew this was a major contributor to the ceiling that most small businesses hit before they’ve even scratched the surface of their potential. And I knew at that moment that all of this lack of knowledge and support was creating a huge wealth gap. After over ten years of legal experience, I started my law firm to provide the legal support small to mid-sized business owners and entrepreneurs need to grow and protect their brands, businesses, and assets. I have a passion for helping small to mid-sized businesses and startups grow into wealth-building assets by leveraging the same legal strategies large corporations have used for years to create real wealth. I enjoy connecting with my clients, learning about their visions and identifying ways to protect and maximize the reach, value and impact of their businesses. I am a strong legal writer with extensive litigation experience, including both federal and state (and administratively), which brings another element to every contract I prepare and the overall counsel and value I provide. Some of my recent projects include: - Negotiating & Drafting Commercial Lease Agreements - Drafting Trademark Licensing Agreements - Drafting Ambassador and Influencer Agreements - Drafting Collaboration Agreements - Drafting Service Agreements for service-providers, coaches and consultants - Drafting Master Service Agreements and SOWs - Drafting Terms of Service and Privacy Policies - Preparing policies and procedures for businesses in highly regulated industries - Drafting Employee Handbooks, Standard Operations and Procedures (SOPs) manuals, employment agreements - Creating Employer-employee infrastructure to ensure business compliance with employment and labor laws - Drafting Independent Contractor Agreements and Non-Disclosure/Non-Competition/Non-Solicitation Agreements - Conducting Federal Trademark Searches and filing trademark applications - Preparing Trademark Opinion Letters after conducting appropriate legal research - Drafting Letters of Opinion for Small Business Loans - Drafting and Responding to Cease and Desist Letters I service clients throughout the United States across a broad range of industries.
Mathew K.
Mathew Kerbis is The Subscription Attorney. He’s on a mission to affordably serve clients at scale via the subscription model and inspire attorneys to abandon the billable hour. He founded the law firm Subscription Attorney LLC after working for private practice law firms for nine years. His firm leverages automations and artificial intelligence to offer more accessible and reasonable prices like legal advice starting at $19.99/month and $49.99/page.
Talin H.
Talin has over a decade of focused experience in business and international law. She is fiercely dedicated to her clients, thorough, detail-oriented, and gets the job done.
Zachary J.
I am a solo-practitioner with a practice mostly consisting of serving as a fractional general counsel to growth stage companies. With a practical business background, I aim to bring real-world, economically driven solutions to my client's legal problems and pride myself on efficient yet effective work.
"Zack was excellent throughout the entire transaction process. He was thorough, responsive, detail-oriented, and did a great job protecting my interests in the agreements. His guidance and professionalism gave me confidence through a complex deal. Highly recommend working with him."
Dan "Dragan" I.
I received a bachelor’s degree in philosophy from Northwestern University in 1996 and then got my JD at University of Illinois College of Law in 1999. I have been a lawyer helping people with legal issues in the United States and Internationally since then. That includes drafting and reviewing contracts. I am also passionate about helping small and medium businesses with trademark registration and trademark-related legal projects. The law can be confusing and complicated for people, and I am passionate about providing professional legal services to my clients while simultaneously making the legal process less confusing and stressful for them. My goal is to help clients navigate through both good and difficult times by tailoring my skills, experience, and services to their specific needs.
"Extremely helpful and prompt with responses. Offers unlimited advice even after the project ends."
Curt B.
Curt Brown has experience advising clients on a variety of franchising, business litigation, transactional, and securities law matters. Mr. Brown's accolades include: - Super Lawyers Rising Star - California Lawyer of the Year by The Daily Journal - Pro Bono Attorney of the Year the USC Public Interest Law Fund Curt started his legal career in the Los Angeles office of the prestigious firm of Irell & Manella LLP, where his practice focused on a wide variety of complex civil litigation matters, including securities litigation, antitrust, trademark, bankruptcy, and class action defense. Mr. Brown also has experience advising mergers and acquisitions and international companies concerning cyber liability and class action defense. He is admitted in California, Florida, D.C., Washington, Illinois, Colorado, and Michigan.
"I was very impressed with the responsiveness and knowledge brought to my situation."
March 26, 2022
Neilson B.
Hi, I am the founding member of Son of Brown Law Firm, based in Charlotte North Carolina. Our firm practices in the areas of Business Transactions, Cannabis/Hemp, Personal Injury and Immigration Law.
August 30, 2022
David A.
David Alexander advises clients on complex real estate transactions, including the acquisition, disposition, construction, financing and leasing of shopping centers, office buildings and industrial buildings throughout the U.S. An experienced real estate attorney, David reviews, drafts and negotiates all manner of retail, office and industrial real estate agreements, including purchase and sale agreements, construction contracts, leases and financing documentation.
September 12, 2022
Wendy C.
Business Advisor and Real Estate Consultant: Small boutique firm working to assist entrepreneurs, business start-ups, property investors, new home buyers, and distressed owners Wendy Calvert began her career as a corporate attorney focusing on complex commercial litigation, primarily in construction, property and casualty, and contractor liability. Through this experience, Wendy has managed and successfully litigated cases in Illinois and Wisconsin. In 2004, Wendy relocated to Illinois to work as an insurance litigation counsel and later as an executive sales consultant and insurance expert. Wendy now utilizes her skills as a contract negotiator, litigator, and sales consultant to negotiate real estate deals and help entrepreneurs create and grow the businesses of their dreams. EDUCATION Wendy earned her Juris Doctor in 1999 from the University of Wisconsin Madison. In 1989, Wendy graduated with a Bachelor of Arts in Business Administration and Communications from Marquette University.
October 14, 2022
Jingjing L.
I am a dual qualified (Illinois; England & Wales) transactional lawyer with about 6 years of legal experience. I'm very commercial and pragmatic in my approach, and I provide clear and timely service. I have worked in two of the top international "big law" firms focusing on corporate, private equity, insurance and financial services work. I'm now working in-house at a Fortune 500 company and have a wide range of experience with commercial and corporate contracts as well as legal and regulatory research.
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Lawyer Reviews for Illinois SAFE Agreement Projects
Review signed angel investor documents and outline options for selling or getting investment returned
"Morgan was fantastic. He quickly reviewed my document and answered all my questions. I highly recommend him."
friends and family seed funding contacts
"Daniel knows what he is doing, with my SAFE note, he made sure to put in protections for me that I would not have thought of or put in myself. Im too nice, so this was necessary for me."
Find SAFE Note Templates by Type
A Pre-Money SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO.
The terms "Pre-Money" refer to the valuation of the company before the current round of financing. This means the valuation would not take into account the money invested in the financing round. For example, if the company receives a valuation of $10 million to raise $2 million, the "Pre-Money" valuation is $10 million and "Post-Money" valuation is $12 million (includes the money from the financing round).
- Discount: This is a feature that gives investors a discounted price compared to what later investors pay in a future financing round. For example, if a SAFE note carries a 20% discount and the price per share in the next funding round is $1.00, the SAFE holder would be able to convert their investment into equity at $0.80 per share. This discount compensates early investors for their higher risk.
- Valuation Cap: The valuation cap is a maximum valuation at which the SAFE can convert into equity. This protects investors from over-dilution if the company's valuation increases significantly before the SAFE converts. For example, if a SAFE has a valuation cap of $5 million and the company's valuation in the next funding round is $10 million, the SAFE holder’s investment converts as if the company was valued at only $5 million, offering more shares for the same investment compared to later investors.
A Post-Money SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO.
The terms "Post-Money" refer to the valuation of the company after the current round of financing. This means the valuation would take into account the money invested in the financing round. For example, if the company receives a valuation of $10 million to raise $2 million, the "Pre-Money" valuation is $10 million and "Post-Money" valuation is $12 million (includes the money from the financing round).
- Discount: This is a feature that gives investors a discounted price compared to what later investors pay in a future financing round. For example, if a SAFE note carries a 20% discount and the price per share in the next funding round is $1.00, the SAFE holder would be able to convert their investment into equity at $0.80 per share. This discount compensates early investors for their higher risk.
- Valuation Cap: The valuation cap is a maximum valuation at which the SAFE can convert into equity. This protects investors from over-dilution if the company's valuation increases significantly before the SAFE converts. For example, if a SAFE has a valuation cap of $5 million and the company's valuation in the next funding round is $10 million, the SAFE holder’s investment converts as if the company was valued at only $5 million, offering more shares for the same investment compared to later investors.
A SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO. Given this SAFE Note has no valuation cap included, it does not need to reference "Pre-Money" or "Post-Money" since the valuation at the triggering event will not impact the price the investors shares are converted. It will only be converted at the discount.
- Discount: This is a feature that gives investors a discounted price compared to what later investors pay in a future financing round. For example, if a SAFE note carries a 20% discount and the price per share in the next funding round is $1.00, the SAFE holder would be able to convert their investment into equity at $0.80 per share. This discount compensates early investors for their higher risk.
A Pre-Money SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO.
The terms "Pre-Money" refer to the valuation of the company before the current round of financing. This means the valuation would not take into account the money invested in the financing round. For example, if the company receives a valuation of $10 million to raise $2 million, the "Pre-Money" valuation is $10 million and "Post-Money" valuation is $12 million (includes the money from the financing round).
- Valuation Cap: The valuation cap is a maximum valuation at which the SAFE can convert into equity. This protects investors from over-dilution if the company's valuation increases significantly before the SAFE converts. For example, if a SAFE has a valuation cap of $5 million and the company's valuation in the next funding round is $10 million, the SAFE holder’s investment converts as if the company was valued at only $5 million, offering more shares for the same investment compared to later investors.
A Post-Money SAFE Note is a financial instrument used by startups and investors in early-stage funding. It's an agreement that provides investors the right to purchase equity in the company at a future date, typically during a future equity financing round, sale, or IPO.
The terms "Post-Money" refer to the valuation of the company after the current round of financing. This means the valuation would take into account the money invested in the financing round. For example, if the company receives a valuation of $10 million to raise $2 million, the "Pre-Money" valuation is $10 million and "Post-Money" valuation is $12 million (includes the money from the financing round).
- Discount: This is a feature that gives investors a discounted price compared to what later investors pay in a future financing round. For example, if a SAFE note carries a 20% discount and the price per share in the next funding round is $1.00, the SAFE holder would be able to convert their investment into equity at $0.80 per share. This discount compensates early investors for their higher risk.
- Valuation Cap: The valuation cap is a maximum valuation at which the SAFE can convert into equity. This protects investors from over-dilution if the company's valuation increases significantly before the SAFE converts. For example, if a SAFE has a valuation cap of $5 million and the company's valuation in the next funding round is $10 million, the SAFE holder’s investment converts as if the company was valued at only $5 million, offering more shares for the same investment compared to later investors.
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Illinois SAFE Agreement lawyers by city
- Aurora SAFE Agreement Lawyers
- Chicago SAFE Agreement Lawyers
- Elgin SAFE Agreement Lawyers
- Joliet SAFE Agreement Lawyers
- Naperville SAFE Agreement Lawyers
- Peoria SAFE Agreement Lawyers
- Rockford SAFE Agreement Lawyers
- Springfield SAFE Agreement Lawyers
ContractsCounsel User
Review SAFE Note
Location: Illinois
Turnaround: Less than a week
Service: Contract Review
Doc Type: SAFE Note
Page Count: 4
Number of Bids: 9
Bid Range: $199 - $700
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