Question by Vlad: What’s a usual total cost for a lawyer to write a business contact?
I’m doing an Economics project where I have to write a business plan. In calculating the start-up costs, I need to come up with a price for a lawyer to write a contract.
Does anyone know a reasonable number as to how much it’ll cost a lawyer to write a contract?
It doesn’t have to be based off any specific details, it’s an online business and I just need a number that makes sense as it won’t be scrutinized or anything, I just have no idea what a cost would be in general…
Answer by Fred
That’s nearly impossible to answer. It depends on what kind of contract you are talking about and how complex the issues are. Some contracts take hundreds of hours to complete and negotiate. Lawyer’s rates vary, theyu can go into the many hundreds of dollars *an hour*.
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