How a Consumer Hired a Lawyer to Draft a Consulting Services Contract in Texas

In 2022, an individual in Texas sought assistance in drafting a consulting services contract. The client was offered a 10% effective ownership stake in a business as part of their compensation and needed a legally sound contract that would ensure shareholder-like benefits, such as profit distributions and payment upon an overall exit, without the requirement of holding physical shares. This contract was essential for protecting the client’s interests in the new venture. As a result, the client received four proposals from licensed lawyers, with flat fee bids ranging from $995 to $1,500, all submitted to meet the requested deadline of one week.