What does a business purchase/sale lawyer do?

Lawyers with extensive experience in business purchases and sales can provide comprehensive advice throughout the entire process, from reviewing term sheets to drafting Business Sale Agreements. We’ll work with our 1,000+ network lawyers to ensure experience and operate on a fixed-fee basis, meaning all costs are explained from the get-go.

Why do I need a lawyer when buying or selling a business?

Transferring the ownership of a business is a significant transaction, one that you’ll want to ensure you get 100% right.

If you’re buying a business you’ll want to a lawyer to ensure the structure is appropriate to your needs, and also protects you from any debts or liabilities. If you’re selling a business, it’s important to seek legal advice to ensure the best return within the shortest period of time.

Our commercial lawyers are experts in business purchases and sales, assisting you in protecting your liabilities and ensuring your documentation is tailored to your needs.

What does it cost to hire a business purchase/sale lawyer?

The business purchase and sale lawyers on our network work on fixed-fee terms. When you submit a quote with LawPath we’ll provide fixed-price quotes for your business sale needs, ensuring you’ll be able to choose the option best suited for your situation and budget.

What will they provide?

Your selected lawyer will review your business sale agreement to identify any liabilities and ensure you’re getting the best result for your transaction. This includes due diligence, intellectual property considerations and reviewing / adding clauses where necessary

It’s important to reiterate that franchise contracts are written by franchisors – so they are almost always one-sided! A franchise lawyer will ensure your agreement suits your needs and is fair on both parties.