How a Retail Business Hired a Lawyer to Draft a Share Purchase Agreement in Illinois

In 2023, a business in Illinois sought assistance with drafting a share purchase agreement as part of an acquisition through a share sale transaction. Having executed a Letter of Intent and completed due diligence, the client needed legal expertise to finalize the agreement and facilitate the closing of the deal. This represented a significant step toward advancing their retail operations, and the client aimed to ensure all legal requirements were accurately addressed. As a result, the client received nine proposals from licensed lawyers, with flat fee bids ranging from $995 to $4,000, all delivered to meet the client's requested deadline of over a week.