Legal Questions and Answers

Get free proposals from vetted lawyers in our marketplace.

No upfront payment required. Pay only if you hire.


Memorandum of Understanding


Asked on Mar 29, 2021

When is it appropriate to use a memorandum of understanding?

I am discussing a partnership with another company and we will be doing a pilot before integrating our software. The other party has asked us to provide a partnership agreement. I read about memorandum of understandings and wanted to learn more about what they are used for.

1 Attorney answer




Answered 551 days ago

Jane C.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, District of Columbia, New York
Free Consultation

You may use a Memorandum of Understanding when you want a written agreement that is less formal than a contract yet still outlines the terms of your partnership. Disclaimer - This information is provided for general informational purposes only. No information contained in this post should be construed as legal advice and does not establish an attorney-client relationship.

Meet some lawyers on our platform

Christopher M.

9 projects on CC
View Profile

Scott S.

13 projects on CC
View Profile

Anand A.

10 projects on CC
View Profile

Max M.

104 projects on CC
View Profile