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Fee Schedule

          Provisos:  The following comments apply, unless otherwise provided:

1. Any fixed fee shown is the document preparation fee without significant negotiations and/or redrafting.

2. Significant redrafting and/or negotiations, i.e. those taking more than ten minutes,  will be charged at an hourly rate of $225/hr in 5 minute increments, or other agreed rate.  

3. The fee for review, comments, and revisions of documents provided by you will be charged at an hourly rate of $225/hr in 5 minutes increments, or other agreed rate.

4. All fees exclude out-of-pocket fees and expenses.

Hourly Fee Schedule

Hourly Fees:

• Normal hourly fee without credit (i.e., retainer and/or timely payment): $225

• Normal hourly fee with credit (i.e., no retainer and/or late payment): $250

• Chamber hourly fee: $202.50 (10% discount)

• Corporate/Project Plan Fee w/ retainer: $180 (20% discount)

• Priority Fee (Displace Existing Client Matters): $275

Fixed Fee Schedule

Commercial Documents:

• Commercial Leases: $450
• Contract: Simple: $225
• Contract: Complex : $450
• Contracting Manual: $450
• Distribution Agreement: $450
• Joint Venture Agreement: $450
• Licensing Agreement: $450
• Manufacturing Agreement: $450
• Purchasing Manual: $450
• Purchase Order Form: $225

Construction Documents:

• Prestigious Home Project: $180 per hour or percentage of project on project basis
• Private Residence Construction Contract:
• AIA form:  $450
• Custom form: $450
• Renovation Agreement: $225
• Engineering Services Agreement: $450

Debtor & Creditor:

• Creditor Demand Letter: $225
• Promissory Note:
• Unsecured:  $225
• Secured, including UCC filings: $450
• Security Agreement only: $225
• Mutual Settlement & Release Agreement: $225

Employment:

• Employment Offer Letter: $100
• Employment Manual: $450
• Employee Agreement: $225
• Executive Employee Agreement: $450
• Employee ADR Agreement: $450
• Independent Contractor Agreement: $225
• Labor & Employment Audit: [quote varies by scope of audit and size of business]
• Telecommuting Agreement: $225
• Separation Agreement: $225

Intellectual Property:  

• US Trademark Application: $199, plus USPTO application fee, $325 (one class) or new TEAS Plus $275; $119 for each additional class
• Response (extraordinary) to Trademark Office Action: $99
• Each Additional Related Trademark Application: $169; $89 for each additional class
• Intent to Use/Statement of Use Trademark Application: $259 plus USPTO application fee, $325 (one class) or TEAS Plus $275, $87 for each additional class
• Statement of Use: $60, plus USPTO application fee, $100 (one class)
• Outside Online Trademark Search: $250-$500
• California Trademark Application: $139, plus application fee, $70 (one class), additional classes, $39/ea, plus additional application fee $70/ea
• Copyright Application: $129, and $45 filing fee
• Each Additional Related Copyright Application: $99
• Confidentiality Agreement: $225, assuming no significant negotiations with third parties and subsequent redrafting of the provisions/agreements, which would be charged at an hourly rate of $225/hr.
• Confidentiality Agreement: Mutual: Checkoff: $112.50
• Licensing Agreement: $450
• Website (Domain) Transfer Agreement: $225
• FBN – Fictitious Business Name county filing: $147, includes $23 filing fee and $52.99 newspaper Public Notice fee (4 wks)

International Transactions:

• Joint Venture Agreement: Hourly Basis Only
• Manufacturing Agreement: Hourly Basis Only
• Distribution Agreement: Hourly Basis Only
• Foreign Agency Agreement: Hourly Basis Only
• Foreign Agent Power of Attorney: Hourly Basis Only
• Irrevocable Letter of Credit (2 hours): $450 ($345 for review only)

Internet:

• Website Terms & Conditions:
              Simple (2 hours): $450
              Commercial and/or Adult (3 hours): $675
• Legal Notices, including Privacy Policy: $99
• Website Audit (2 hours): $450 (excludes above activities)

Letters:  

• Cease & Desist/Demand Letters: $225

Organization of Business Entities: See separate spreadsheets.  

Small Business Sale/Acquisition <$500,000*:  

First, the purchaser, for tax, liability, and other reasons, will usually dictate what type of transaction they want, sometimes the sale of the complete business, but usually the sale of assets.  The sale of assets is a more complicated procedure legally requiring at least a 30 day escrow and notice procedure.  

Second, purchasers may or may not have a lawyer, although they should.  Also, purchasers with lawyers will usually volunteer to produce the draft agreement, which lowers the transaction cost for the seller, but will greatly complicate the agreement, and requires review by the sellers’ lawyer.  The legal effort of the sellers’ lawyers can vary greatly from transaction to transaction, which is why most lawyers do these transactions on an hourly basis.  

I normally charge the following fixed fees:  

1. Review of other party’s lawyer’s complete sale agreement with recommendations without significant negotiations: 0.25% of transaction amount; Minimum: $250
2. Review and monitor escrow of other party’s lawyer’s bulk sales agreement with reasonable negotiations: 0.5% of purchase price; Minimum of $500
3. Draft bulk sales asset purchase agreement and monitor escrow, including reasonable negotiations: 1% of purchase price; Minimum of $1000

*-All of the above fees exclude asset valuation, classification, allocation, and completing of IRS Form 8594.  

Professional Practice Sale/Acquisition <$500,000*:  

1. Legal consultation and documentation for straight sale or purchase of a professional practice, including asset or stock purchase agreement, note, security or stock pledge agreement, UCC financing statement, non-competition agreement, pre- and/or post-sale Association or Employment Agreements, Sublease or Lease Assignment or Seller-as-Landlord Lease, Accounts Receivable Agreement, Bill of Sale, Escrow Instructions, and all other expenses: 1% of purchase price; Minimum of $1000 for one party; 0.5% of purchase price; Minimum of $500 for joint representation with consent of each additional party
2. Letter of Intent/Memorandum of Understanding: $225, to be applied to successful transaction
3. Non-disclosure Agreement: $225, to be applied to successful transaction

*-excludes asset valuation, classification, allocation, and completing of IRS Form 8594.

Real Estate:  

• 3-Day Quit Notice: $119
• Deed: $60
• Claim for Reassessment Exclusion: $60
• Commercial Leases: $450
• Powers of Attorney: $119

Yachting:  

• Boat Purchase and Sale Agreement:
• Cash Sale : $225
• Installment/Security Agreement: $450
• Association (Ownership or Leasing) Agreement: $225
• Review of New Boat Construction Agreement: $175
• Review of Survey Agreement: $119
• Review of a Voyage Participation Agreement: $225

Please send all enquiries by email
with the following disclaimers to:
Info@BealBusinessLaw.com
©2002-2010 Bruce Leonard Beal
(excepting graphics, as freeware
and/or in public domain)
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