How a Consumer Hired a Lawyer to Review a Restricted Stock Agreement in Michigan

In 2023, a personal client in Michigan sought assistance with the review of a Restricted Stock Purchase Agreement and an Independent Contractor Agreement before signing them. The documentation was related to an offer from a young startup, and the client wanted to ensure that all interests were safeguarded and that the agreements did not contain any standard or unfavorable terms. Given that these documents were relatively concise, consisting of seven and four pages respectively, the client was eager to move forward confidently. As a result, the client received six proposals from licensed lawyers, with flat fee bids ranging from $400 to $900, all submitted to meet the requested deadline of less than one week.