How a Business Hired a Lawyer to Draft a SAFE Note in New Jersey (July 2021)

In 2021, a business in New Jersey posted a project seeking assistance with drafting a SAFE note to facilitate a seed round capital raise. The client needed a well-structured agreement to ensure proper terms were in place for the investment and to safeguard their interests as they navigated the early stages of funding. This drafting service was crucial for the client's goals of securing necessary capital while establishing clear expectations with their investors. As a result, the client received three proposals from licensed lawyers, with flat fee bids ranging from $500 to $750, all submitted to complete the work within the requested deadline of over a week.