How an Agriculture Business Hired a Lawyer to Draft a SAFE Note in Massachusetts (September 2023)
See real project results from ContractsCounsel's legal marketplace — this September 2023 project was posted by an Agriculture business in Massachusetts seeking help to draft a SAFE Note. The client received 10 lawyer proposals with flat fee bids ranging from $249 to $3,200.
Service type
Draft
Document type
SAFE Note
Location
Massachusetts
Client type
Business
Client industry
Agriculture
Deadline
A week
Pricing Range
$249 - $3,200 (Flat fee)
Number of Bids
10 bids
How much does it cost to Draft a SAFE Note in Massachusetts?
For this project, the client received 10 proposals from lawyers to draft a SAFE Agreement in Massachusetts, with flat fee bids ranging from $249 to $3,200 on a flat fee. Pricing may vary based on the complexity of the legal terms, the type of service requested, and the required turnaround time.Project Description
In 2023, a business in Massachusetts sought assistance in drafting a SAFE note to facilitate their seed-round fundraising efforts. With a goal of raising $3 million, the client expressed a desire to address potential investor concerns regarding the absence of a maturity date in the standard agreement. They specifically mentioned the possibility of modifying the Y Combinator SAFE model to include a provision allowing investors to convert to equity at a predetermined valuation, even if a priced round does not occur.
As a result, the client received 10 proposals from licensed attorneys, with flat fee bids ranging from $249 to $3,200, all delivered within the requested deadline of one week.
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Lawyers that Bid on this SAFE Agreement Project
Managing Attorney
(23)
27 years practicing
Free consultation
SAFE Agreement
$499/h