How a Business Hired a Lawyer to Draft a Share Purchase Agreement in California

In 2023, a business in California posted a project seeking assistance with drafting a share purchase agreement. The client required a generic agreement that would facilitate a minority equity purchase option for an overseas investor, while ensuring compliance with specific conditions related to payments and investor residency processes. Clarity around milestones and refund conditions was also necessary to ensure a smooth transaction between the buyer and the operational business in Canada. As a result, the client received three proposals from licensed lawyers, with flat fee bids ranging from $850 to $999, all submitted to meet the requested deadline of less than one week.