Legal expenses?

by a searcher from University of Texas at Austin

3 years ago

I am considering a self-funded search, but am apprehensive about upfront legal costs and potential broken deal fees. I was curious if anyone had any i) estimates for legal expenses I can expect and ii) tips for reducing potential legal fee's while still getting legal counsel involved early in the process? 

Thank you!

11 likes
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22 comments

investor from Ivey Business School at Western University

The buyer side on ours was close to $500k. The sell side was >$100k. The lead investors wanted to use a specific firm, which was ridiculously expensive, but should budget for up to $100k at a minimum,

6 days ago | like reply | 0 likes

professional from University of Southern California - Marshall School of Business

One more tip: Beware of lawyers who must cut deals or work on speculation to get paid. Why?

6 days ago | like reply | 0 likes

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