How an Entertainment Business Hired a Lawyer to Draft a SAFE Note in Colorado (December 2023)

In 2023, a business in Colorado sought assistance with drafting a SAFE contract as part of their efforts to finance a short film project. The client had prepared a preliminary version of the contract but required it to be formally certified and approved by an attorney before engaging investors. With business associates ready to invest, they aimed to establish equity proportional to the amount contributed, ensuring a clear agreement for future financing. As a result, the client received five proposals from qualified lawyers, with flat fee bids ranging from $550 to $1,199, all submitted to meet the client's requested deadline of over a week.