intent are interim documents that can serve a combination of functions.
- A symbolic
milestone signifying commitment to a deal by the parties.
- A set of
general specifications for a complex agreement.
- A negotiating
tool that capsulizes the major issues of a 15 to 100+ page legal
document into 1 to 6 pages. This permits business people to
maintain control and negotiate major issues without being distracted
by a clutter of legal minutia.
- A publicity
vehicle around which a news event can be generated.
of intent are composed both of non-binding elements and binding
provisions. They often include a time table and blueprint for
the process of resolving still open issues.
of Interest" and "Deal Sheets" are often used in
the place of Letters of Intent.
of Interest" is nothing more than a written expression of
interest in engaging in a transaction. Because it involves no
commitment it's easy to get the other party to sign.
of Intent" and "Letters of Interest" go by the
same acronym "LOI". This makes "Letters of Interest"
useful for publicity purposes. They are easier to get signed,
and just as newsworthy. At the same time, signing someone to a
"Letter of Interest" gets them mentally committed to
Sheets" are detailed but condensed sets of specifications
that control the content of an agreement.
less filler and formalism than Letters of Intent. Issues that
are unlikely to become controversial as the deal goes to contract
get treated lightly. On the other hand those issues are that are
likely to flair up are treated with much greater detail.
them to be shorter in length despite their greater detail. They
are able to portray the entirety of quite complex deals in 3 pages
or less... it permits the business people to retain effective
control over the negotiation process far longer than they otherwise
would before turning it over to the lawyers..
If a deal
sheet is done well, the first draft of the resulting agreement
will be signable with few modifications.
Letter of Intent Review Service
- We review
the Letter of Intent
you with advice and answers
- Make specific
suggestions and draft proposed revisions
revisions with the other party or their lawyer
Use This Service To
a quick and inexpensive second opinion
a Letter of Intent that is presented to you for signature, or
a Letter of Intent that you are sending out to make sure it
is the appropriate to the situation
- Do your
own homework before discussing it with another lawyer
service does not include: (a) a written opinion letter, or (b) any
lawyer time over 1.5 hours... but it does include an unconditional
20 day money back guarantee
Letter of Intent Review Service costs $240.
Special Introductory Rate of $100
First Time Users get a Special Introductory Rate of $100
20 Day Money Back Guarantee
More Information Call 1-800-948-1700, Ask for Heidi