Your lawyer will review financial records (tax returns, debt), conduct due diligence, and negotiate crucial, complex documents, according to Walsh Banks Law .
It is best to involve a lawyer as early as possible in the process, at minimum, during the drafting of the letter of intent (LOI), as noted in this YouTube video and Empire Business Law .
Ensure the lawyer is responsive, clear, and proactive, as a smooth, collaborative relationship is essential, say experts at Weisberg Law and Business.com . Attorney Responsibilities and Fees
Small business lawyers typically charge between $150–$400 per hour, though some offer flat fees for specific services, according to Super Lawyers .
