How an Automotive Business Hired a Lawyer to Draft a Buy Sell Agreement in Tennessee

In 2021, a business in Tennessee sought assistance with drafting a buy-sell agreement and a non-disclosure agreement related to the sale of automobile dealerships. The client aimed to recreate these documents to address potential conflicts with a former partner and to ensure clarity by eliminating common language that could lead to future disputes. The agreements were relatively concise, consisting of just two pages each, reflecting the client's desire for legal precision and thoroughness. As a result, the client received two proposals from licensed lawyers, with flat fee bids ranging from $840 to $1,500, all submitted to meet the requested deadline of one week.