How a Business Hired a Lawyer to Draft a Profit Share Agreement in Wisconsin

In 2024, a business in Wisconsin sought assistance with drafting a profit share agreement. The client aimed to establish an arrangement that outlined a 33% profit share in exchange for an initial investment of $200,000, with the option for the investor to repurchase the equity under fair and calculable terms. The goal was to ensure clarity and fairness in the distribution of profits, specifically related to the operations of their alcohol beverage production venture. As a result, the client received six proposals from licensed lawyers, with flat fee bids ranging from $750 to $1,375. All proposals were thoughtfully submitted to meet the client's requested deadline of less than one week.