Average Legal Costs

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by a searcher from The University of Michigan - Stephen M. Ross School of Business
in New York, NY, USA

6mos ago

Average Legal Costs

I'm helping another business with an acquisition (~$1.2m purchase price) in the media space and looking to find a lawyer to paper the transaction. Can someone share guidance on average costs for lawyers that work on deals of this size? Additionally, if anyone has any recommendations on lawyers, I'd appreciate the recs.

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reply by a professional 6mos ago
from University of Michigan in Rochester Hills, MI, USA

Happy to help. I deal in this value range often and can provide a competitive option that won't break the bank. Fixed fee and hybrid models are an option. Feel free to DM. Best wishes to you!

reply by a professional 6mos ago
from University of Michigan in Detroit, MI, USA

Hi redacted‌, my firm is focused on this space and regularly closes deals in the $1-2MM range. We work flat fee or hourly (it's up to our clients). As for actual cost, it will depend. But for a deal of this size, you shouldn't be looking at more than $15,000 if proceeding with a flat fee. You also have other options. Feel free to reach out if you want to discuss at redacted